Environmental Philosophy

Shinkawa believes that a corporate organization consists of a stage and players, in other words, the earth and people. A threat to the earth and its people is a threat to the existence of the corporate organization. We are, therefore, committed to observing environmental laws in all areas of our business activities and to conserving nature and the environment around us.

Action guidelines

1. We will observe environment-related laws and regulations and strive to manage the environment.

2. We will promote resource saving, energy saving, and recycling.

3. We will construct and continuously improve our environmental management system.

4. We will positively promote technological development and research in environmentally friendly products.

5. We will positively and continuously provide employees with education regarding the environment.

SHINKAWA LTD.

January 13, 2006