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Medium Term Objectives

The Nisshinbo Group has adopted medium-term goals for FY ended March 31, 2011. Each goal has its origins in one of the Nisshinbo Group charters, and specific actions are being taken to meet the goals.

Goals Relating to the Corporate Code of Conduct

Corporate Code of Conduct	Medium-Term CSR Goal
Giving proper consideration to safety and to the protection of personal information and client information, we shall develop and supply socially beneficial products and services and obtain the satisfaction and trust of consumers and clients.	Refer to the section on the Product Safety Charter.
In a spirit of accountability, we shall engage in fair, transparent, and open competition and proper business transactions. We shall also maintain sound and healthy relations with political and government organizations.	Engage in fair business (prevent unfair trade) Adopt and enforce the Nisshinbo Group Basic Policies on Procurement.
As well as with shareholders, we shall engage in communication broadly with society and disclose corporate information positively and fairly.	Increase opportunities for dialogue with stakeholders Continuously issue CSR reports.
We shall respect the diversity, character, and individuality of employees, ensure a safe and work-friendly environment for them, and realize their comfort and affluence.	Refer to the section on the Human Rights Charter. Maintain and improve safe work environments conducive to high-quality work with a goal of zero work-related accidents Review the status of preparation of specified manuals, conduct training, confirm compliance with work procedures, and improve work performance. Use reports of near accidents to take preventive measures and expand their implementation horizontally. Establish and implement occupational health and safety risk assessment procedures. [Quantitative Goals] Major accidents (class 6 or higher resulting in injury): Zero Lost work time injury rate: 0.3 or lower in Japan, 1.5 or lower overseas
We recognize that efforts to address environmental problems are a common issue for humankind and an essential condition for the existence and activities of the Nisshinbo Group, and we shall act independently and positively in this regard.	Refer to the section on the Environment Charter.
We shall actively engage in social contribution activities as a good corporate citizen.	Increase social contribution activities through our core business activities Increase opportunities for gaining work experience through internships and other programs. Promote joint research between industry and academia.
We shall resolutely resist any antisocial forces or organizations that pose a threat to the order and safety of civil society.	Reinforce group compliance management Perform compliance training for all employees. Establish a corporate ethics consultation hotline. Reinforce internal controlstructures relating to financial reporting Ascertain current conditions within the Group, review theManagement Guidelines on Internal Controls relating toFinancial Reporting, and improve practices.
In our international business activities, as well as complying with international rules and local legislation, we shall engage in management that respects local culture and customs and contributes to their development.
The top management of Nisshinbo and group companies recognizes that it is our duty to realize the spirit of this charter and, by setting a good example, to disseminate it throughout the Group and make it known to business partners. Furthermore, we shall constantly monitor opinions both inside and outside the Group, establish an effective in-house setup, and thoroughly imbue corporate ethics.
If a situation arises that appears to violate this charter, the top management of Nisshinbo and group companies shall make clear both internally and externally our position of solving the problem and shall endeavor to investigate the causes and prevent a reocurrence. Furthermore, the top management shall execute the disclosure of speedy and accurate information and accountability to the public and, after clarifying authority and responsibility, undertake strict penalties, including upon ourselves.

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Goals Relating to the Human Rights Charter

Human Rights Charter	Medium-Term CSR Goal
We shall recognize individual differences and respect individuality and creativity, and we shall not discriminate on the basis of birth, nationality, belief, religion, gender, race, ethnicity, age, disability, medical history, academic background, social status, or any other factor.	Encouraging a balance between work and life Improve various support programs (take into considerationthe citizen judge system, support nurturing of futuregenerations). [Quantitative Goals] Japan: Maintain at least the statutory rate of 1.8% of disabledpersons in the workforce. Overseas: Maintain rates of disabled persons in theworkforce in accordance with local law. Conduct appropriate hiring management Encourage proper hiring practices. Create sound work environments Conduct educational activities on human rights. Support improvements in employee health.
We shall not permit forced labor or child labor in whatever form. We shall also endeavor to gain the understanding and cooperation of our suppliers toward this policy.
In order to realize a healthy workplace environment without any discrimination, we shall strive to imbue a correct understanding of human rights problems and shall not engage in sexual harassment or any other act of harassment.

Human Rights Charter

Medium-Term CSR Goal

We shall recognize individual differences and respect individuality and creativity, and we shall not discriminate on the basis of birth, nationality, belief, religion, gender, race, ethnicity, age, disability, medical history, academic background, social status, or any other factor.

Encouraging a balance between work and life

Improve various support programs (take into considerationthe citizen judge system, support nurturing of futuregenerations).

[Quantitative Goals]

Japan: Maintain at least the statutory rate of 1.8% of disabledpersons in the workforce.
Overseas: Maintain rates of disabled persons in theworkforce in accordance with local law.

Conduct appropriate hiring management

Encourage proper hiring practices.

Create sound work environments

Conduct educational activities on human rights.
Support improvements in employee health.

We shall not permit forced labor or child labor in whatever form. We shall also endeavor to gain the understanding and cooperation of our suppliers toward this policy.

In order to realize a healthy workplace environment without any discrimination, we shall strive to imbue a correct understanding of human rights problems and shall not engage in sexual harassment or any other act of harassment.

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Goals Relating to the Product Safety Charter

Product Safety Charter	Medium-Term CSR Goal
We shall pursue the making of products that give consideration to the safety of customers throughout their whole life cycles, from development to production, sale, use, service, and disposal.	Enhance quality assurance systems in all business groups Reinforce measures to accept customer requests andcomplaints and respond, make improvements, and preventthe reoccurrence of problems. Make all employees fully aware of product safety matters.
In order to ensure the safety of products, as well as complying with related domestic and international legislation, standards, and so on, we shall establish even higher targets independently and respond to the trust of customers.
We shall supply customers with accurate information concerning the safety, functions, and proper use of products.
We shall establish a quality assurance system and endeavor to thoroughly imbue product safety awareness among all employees.

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Goals Relating to the Environment Charter

Environment Charter	Medium-Term CSR Goal
We shall conduct our business activities in compliance with domestic and international laws and regulations, and by actively establishing our own independent management standards.	Set voluntary management goals Set voluntary management goals that exceed legal requirements. Reinforce systems for monitoring emissions of substances of concern.
We shall widely and actively disclose environmental information and gain the trust of society.	Disclosure of environmental information Continuously issue CSR reports.
We shall assess the environmental impact of our products throughout their whole life cycles, create technologies, products and services that contribute to realizing a sustainable society, and achieve a balance between the environment and the economy.	Products that contribute to the realization of a sound material-cycle society	Percentage of total sales:10% or more
	Achieve compatibility between environmental protection andbusiness Carry out life cycle assessment (LCA) of products.
We shall expand environmental management systems throughout the Nisshinbo Group and continuously improve our environmental performance.	Continuously improve environmental performance Expand and encourage the use of environmental managementsystems (ISO 14001, etc.).
We shall endeavor to effectively utilize resources and reduce the environmental load by, among other things, conserving energy and resources; reducing waste; promoting recycling; and reducing emissions of greenhouse gases, environmental pollutants and so on.	Energy use per unit of sales	Reduce by at least 5% compared to FY ended March 31, 2007.
	Carbon dioxide emissions per unit of sales	Reduce by at least 5% compared to FY ended March 31, 2007.
	Transport volume per unit of sales	Reduce by at least 5% compared to FY ended March 31, 2007.
	PRTR substances handled per unit of sales	Reduce by at least 10% compared to FY ended March 31, 2007.
	Volume of un-recycled waste generated per unit of sales	Reduce by at least 15% compared to FY ended March 31, 2007.
	Volume of paper used in offices	Reduce by at least 2% compared to FY ended March 31, 2007.
We shall enhance the environmental awareness of all Nisshinbo group employees through environmental education and enlightenment and actively engage in activities in line with this charter.	Conduct environmental education and awareness-raising activities Enhance environmental education.

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