ANEST IWATA Corporation Integrated Report

ANEST IWATA will continue to be a company that benefits people and people’s lives, while diligently upholding the company’s founding motto of being “trustworthy and sincere” and strive to deliver the highest level of quality, technologies and services. ANEST IWATA Corporate Philosophy Corporate Policy Brand Policy Group Management Policy “Makotono kokoro” Basic Policy on Corporate Governance The Foundations that Support Value Creation Basic Investor Relations Policy Value Creation Process Human Capital Financial and Non-financial Highlights Cooperation with the Regional Communities Group Guiding...

ANEST IWATA At a Glance Consolidated Performance ANEST IWATA is an industrial machinery manufacturer headquartered in Yokohama City, Kanagawa Prefecture. The Group's businesses consist of the Coating Business, which deals in "coating equipment" and "coating systems" based on its core technology to atomize liquids (mainly paint) into a mist, and the Air Energy Business, which deals in "air compressors" and "vacuum equipment" based on its core technology to compress gases (mainly air). With manufacturing and sales bases in 21 countries and regions worldwide, we contribute to manufacturing around...

In 1926, the Company was founded under the name, “Iwata Seisakusho,” and in 1927 developed the first domestically produced spray gun and next year the air compressor, which would become the driving source of coating equipment. Subsequently, the Company continued to grow along with spray gun and air compressor, and entered the coating system and vacuum pump markets by leveraging its technology for handling liquids and gases. In 1996, on the 70th anniversary of its founding, the Company, in conjunction with management reforms, changed the company name to “ANEST IWATA.” Currently, the Group companies...

Value Creation Process The Company has been stepping up its mission by diversifying applications and launching customized unique (ONLY ONE) products in markets with the use of its core technologies, i.e., "liquid atomization" and "gas compression." Going forward, the Company, in accordance with the ANEST IWATA Corporate Philosophy, will continue contributing to the achievement of a prosperous society that is safe, reliable, and capable of sustained growth by having each one of our employees act in a “trustworthy and sincere” (Makotono kokoro) way and providing the highest level of quality and...

Financial and Non-financial Highlights Message from the President Financial Highlights (Consolidated) Net Sales Operating Income Net Income Attributable to Shareholders of the Parent Company (Million yen) Total Assets and Shareholders’ Equity (Million yen) Capital Investments (Million yen) Total Assets Shareholders’ Equity * Research and development expenses represent the total amount of general and administrative expenses and manufacturing expenses relating to research and development. * Reportable segments are Japan, Europe and Asia. Non-financial Highlights Number of Employees 2,000 Education/training...

Interview with the President Interview with the President We will seek to carry through our investment strategy under the medium-term management plan in its final fiscal year and get back on the pre-COVID-19 growth trajectory. Q Can you give us a recap of the consolidated performance for the fiscal year ended March 31, 2021? The fiscal year ended March 31, 2021 was a tough year in which prospects remained uncertain due to the massive impact of the COVID-19 pandemic on a global scale, but in some regions, signs of recovery have gradually started to appear. In such an environment, sales and profits...

Interview with the President delays regarding the timing of implementing our ambitious investment strategy focusing on such areas as human resources, research and development, overseas expansion and IT, we plan to carry through the investments as planned in total amount during the three-year period. Discussions on the next medium-term management plan are already underway in the Company. There will be no major change in the Company's direction, i.e., we will focus our efforts on overseas markets by treating them as growth fields where there is plenty of room to expand our market share and the...

Toward the sustained creation of corporate value Toward the sustained creation of corporate value Investment Strategy In May 2025, the Company will commemorate its 100th anniversary. Going forward we will make investments toward sustained growth from the following six perspectives. Among them, “IT investments,” in particular, will have the highest priority. We believe that the Company’s mission is “to enhance the satisfaction of all our stakeholders and contribute to society.” To this end, we will formulate sound management strategies, recognize and manage various risks, and engage in initiatives...

Operating Results, Financial Condition, and Future Financial Strategies Operating Results, Financial Condition, and Future Financial Strategies Q What are the key points in evaluating past Q Can you tell us about the Company's operating Looking back at the trends in net sales, the Company had been on an uptrend in terms of net sales for ten consecutive years since the fiscal year ended March 31, 2011—the year marked by our full recovery from the Lehman Crisis—until the fiscal year ended March 31, 2020; however, in the fiscal year ended March 31, 2021, the Company temporarily took a step backward...

ESG Management and SDGs In recent years, companies have been drawing attention as to how they would contribute to the resolution of worsening social issues and the achievement of SDGs, which is deemed to become more and more important in the years to come. The Company has declared, in its corporate brand promise, that it would contribute to the achievement of a prosperous society capable of sustained growth as a development-oriented company. By working on the resolution of social issues through the promotion of our businesses, we have been Corporate Policy Brand Policy engaging in activities...