Partnership

Basic approach

The Idemitsu Group, which operates businesses both domestically and internationally, considers various risks and countermeasures during normal times as part of its supply chain management (SCM) to maintain its supply chain.

Policy

Partnership Building Declaration Logo

In June 2022, we announced the "Partnership Building Declaration" declaring that we will build new partnerships by promoting collaboration and co-existence and co-prosperity with our supply chain business partners and businesses that aim to create value. did.
We will continue to work together with our partners to contribute to the realization of a sustainable society throughout the supply chain.

Idemitsu Partnership Building Declaration

Our company has declared that it will focus on the following items in order to build new partnerships by promoting cooperation and coexistence and co-prosperity with all of our supply chain business partners and businesses that aim to create value. Masu.
1. Coexistence and co-prosperity across the entire supply chain and new collaboration that transcends scale and affiliated companies
By reaching out to business partners through direct business partners (from "Tier N" to "Tier N+1"), we are working to improve added value throughout the supply chain, as well as improving existing business relationships and company size. We aim to build coexistence and co-prosperity with our business partners through collaboration that transcends boundaries.
(Individual items)
〇Work on collaboration between companies using open innovation and joint development of decarbonization and low-carbon technologies.
2. Compliance with “promotion standards”
Comply with desirable trade practices between parent businesses and subcontractors (“promotion standards” based on the Subcontracting Small and Medium Enterprise Promotion Act), and proactively correct trade practices and business practices that impede building partnerships with business partners. I'll work on it.
① Price determination method
We will not make unreasonable requests for cost reductions. When determining transaction consideration, we will respond to requests for consultation from subcontractors and fully discuss them to ensure that appropriate profits of subcontractors are included, such as taking into account the impact of increases in labor costs. . When concluding a contract, including determining the transaction consideration, the parent business entity will clearly state and issue the terms of the contract in writing.
② Payment terms for bills, etc.
Subcontract fees will be paid in cash. You don't pay by bill.
③ Intellectual property/know-how
We conduct transactions based on guidelines and contract templates regarding intellectual property transactions, and do not require the conclusion of unilateral confidentiality agreements, the disclosure of know-how using our position in transactions, or the free transfer of intellectual property rights. not.
④ Wrinkling due to work style reform, etc.
In order to enable our business partners to respond to work style reforms, we do not place orders with subcontractors with short delivery times or make sudden changes to specifications without incurring appropriate costs. In the event of a disaster, etc., we will not impose a unilateral transaction burden on subcontractors, and when business resumes, we will do our best to maintain business relationships.
3. Others
We have established a "Sustainability Policy" and work together with our partners to contribute to the realization of a sustainable society throughout the supply chain.

June 7, 2022
Idemitsu Kosan Co.,Ltd.
Representative Director and President
Shunichi Kito


“Partnership Building Declaration” portal site (Japanese Only)

Governance

Sustainability policy/promotion system > Governance

Initiatives

Collaboration with dealers

We collaborate with 1,137 dealers nationwide and form a strong network through approximately 6,000 service station (SS) to develop our various businesses. dealers and our company are working to improve communication by using the portal site `` apollostation Portal''. In addition, the National Apollo Association, which is comprised of dealers from all over the country, collaborates in social contribution areas such as promoting local contributions and regional revitalization.
In the future, we will continue to increase customer confidence in our group's technology and services, as well as establish our own qualification system and training system to improve our staff's ability to sensitively identify customer needs and continue to create new added value. We will strengthen the acquisition of knowledge and techniques.

Main unique qualification certification system

[Idemitsu Technical Master System]

This is a qualification system aimed at developing human resources who can put into practice comprehensive energy proposals that meet customer in the field of industrial Petroleum and lubricant sales.

●Certified persons in 2022 (unit: people)

Qualified person
1st grade
2nd class
Level 3
Petroleum
441
33
95
313
Lubricants
801
74
173
554
Total
1,242
107
268
867

*For fiscal years 2009 to 2022, the number of promotions and certifications in each department includes the total number of people.

[Apollo Royal Manager Program]

Royal Manager Program is a system to develop "store management professionals'' who will be responsible for managing SS and stores in a new era.

●Cumulative number of certified persons as of the end of July 2023 (number of certified persons in parentheses is number of certified persons in 2022) Unit: people

1st grade
2nd class
Level 3
319(17)
2,131(96)
8,403(553)

Collaboration with partner companies

Refineries / Complexes outsource plant maintenance work and product import/shipment work to many partner companies. Under the Idemitsu Safety Council, each subcontractor belongs to three cooperative associations organized by industry (Construction Maintenance Cooperation Association, Land Transportation Cooperation Association, and Marine Transportation Cooperation Association) and works together with our company to carry out safety activities. We are working on this.
At Chiba Complex Construction Maintenance Cooperation Association, our employees go to the construction site with their supervisors to confirm the safety of the construction environment, and also encourage workers from partner companies to work safely with the slogan "Be safe!" We are conducting a "Sympathetic Voice for Friends Campaign'' to raise awareness.
The Land Transport Cooperation Association holds regular meetings with the managers of each transport company to share their concerns and requests, and to make improvements that will lead to safe cargo handling.
The Maritime Transport Cooperation Association, together with the managers of each shipping company, conducts safety patrols of cargo handling equipment, focusing on identifying sources of danger and nipping them in the bud.

Collaboration with shipping and shipping companies

Initiatives to maintain the supply chain

In order to supply Petroleum, which is an important infrastructure for people's lives, our group will take all necessary measures, such as building mutual support systems with other companies and strengthening relationships with group companies and partner companies, regardless of normal times or emergencies. , ensuring the maintenance of the supply chain.

Collaboration with shipping and shipping companies

The transportation of our petroleum products is handled by land and sea contract transportation companies. Contract transportation companies have organized safety councils for sea and land, with the aim of promoting safety and strengthening cooperation between companies, and we participate in these activities as a special member. On land, the 31 contract transportation companies responsible for transportation by tanker Koun-kai carry out safety campaigns, training sessions for operation managers, and awards for crew members with no accidents or violations. ISG Marine Environment Safety Council, which is made up of 10 shipping companies that use coastal tankers for maritime transport, conducts safety campaigns, thoroughly enforces safety activity policies and specific measures, and disseminates good and dangerous examples.
Our company aims to build a competitive logistics system while placing emphasis on safety activities rooted in the field. In addition to raising awareness through both councils, we also listen to the voices and opinions of lorry crews and tanker crews who are actually involved in safe transportation, and use this information to improve the working environment.

Strengthening cooperation with Koun-kai, which supports safe land transport and stable supply of petroleum products

Summer safety campaign

Koun-kai, a land transportation safety promotion council made up of 31 lorry contract transportation companies, will hold a general meeting on May 11, 2023, and will discuss priority issues and activities for 2023 based on trends in accident and trouble occurrence in 2022. approved. Following the general meeting, our company recognized outstanding crew members who had achieved no accidents or violations for 15 years or more, and transportation companies that achieved no accidents for 2022, praising their achievements. Additionally, as part of our association's activities, we hold "safety campaigns" during the summer, when demand is high and the climate is harsh, and during the year-end and New Year holidays. During the "Summer Safety Campaign" to be held in July 2023, our company officials gave encouragement to transportation company officials at kick-offs at 43 venues nationwide.

Strengthening cooperation with ISG Marine Environment Safety Council for safe transportation and stable supply at sea

Accident-free campaign during dense fog

ISG Marine Environment Safety Council, a group of 10 shipping companies that promotes safety in maritime transportation, will hold its annual general meeting on March 29, 2023 to confirm basic policies and activity schedules for accident prevention. did. In addition, as part of our council's activities, we hold accident-free campaigns every year during periods of high fog when the risk of accidents is high, and during the year-end and New Year holidays. At the "Dense Fog Season Accident-Free Campaign," which was held for two months starting May 15, 2023, representatives from our company and the council companies gathered and declared their commitment to work together to achieve zero accidents and zero disasters. . We will support the safety activities of this council and work together to ensure the safe operation of domestic tanker fleets and the stable supply of petroleum products.

Collaboration with partner companies

We cooperate with partner companies in various industries at home and abroad to develop our business by establishing joint ventures or launching projects. In Japan, we have established a joint venture in the Basic Chemicals business and started collaboration with Japan Grease Co., Ltd., and are engaged in discussions on R&D collaboration, product portfolio optimization, sales channels, and technical exchanges. Overseas, Nison Refinery Petrochemical Limited (NSRP), a joint venture in Vietnam, operates Nghi Son Refinery. Advanced materials & Performance Chemicals In our business, we have established Formosa Petrochemical Corporation (FPCC) in Taiwan and Idemitsu Formosa Specialty Chemicals to commercially produce hydrogenated petroleum resins.

Solar Frontier signs business matching agreement with Chiba Bank

Business matching image diagram

Solar Frontier Co., Ltd. and Chiba Bank, Ltd. entered into a business matching agreement in October 2020. This will allow us to introduce Solar Frontier to customers who have needs to promote environmental management and improve profits through the introduction of renewable energy. By introducing a self-consumption solar power generation system, you will not only increase your corporate value by using renewable energy, but you will also be able to use the electricity generated by your solar cells in your own equipment without selling it, which will reduce your electricity bill. can be reduced. In the future, we will propose total solutions for decarbonization, including solar power generation systems tailored to each customer, to an even wider range of customers.

Exchange and dialogue with oil-producing countries

2022 acceptance training

2022 acceptance training

In order to build strong relationships of trust with oil-producing countries, including the Middle East, we have established representative offices in oil-producing countries and are promoting exchange and dialogue. Furthermore, in recent years, we have strengthened our relationships of trust with oil-producing countries by conducting joint projects through capital participation.
With the support of JCCP (JCCP International Cooperation Agency for Oil, Gas and Sustainable Energy), we are dispatching experts to oil-producing countries and accepting executive candidates and engineers in Japan. We cooperate in human resource development and technical support. In fiscal 2022, we postponed in-person training during the first half of the year due to the impact of the new coronavirus infection, and instead conducted remote training for trainees from the United Arab Emirates and Qatar. In addition, in the second half of the year, when entry restrictions were eased, we resumed training for students from Qatar and Oman.
Through these activities, we will promote further collaboration in crude oil procurement with the national oil companies of each oil-producing country, and aim to nimbly and flexibly select and procure crude oil that will optimize Refinery performance in response to market trends. We are transporting it.

Industry-academia collaboration

Initiatives with the University of Tokyo

Initiatives with the University of Tokyo

Since February 2007, our company has been actively engaged in activities to lead the global society to a sustainable one as an energy company, and with the aim of being involved in the construction of energy sustainability strategies, we have established the University of Tokyo Collaborative Research Institute for Sustainability Studies. (currently the University of Tokyo Future Vision Research Center).
As part of this, we are running the Energy Sustainability Forum, a new framework for industry-academia collaborative research to promote sustainability science, which aims to solve global environmental and energy issues and create a sustainable society. On the 25th, we will co-host the 14th Energy Sustainability Forum public symposium, "Sustainable Energy Society Aimed by the SDGs," and discuss the sustainable energy society the SDGs aim for and initiatives to promote the creation of such a society. This was discussed through lectures and panel discussions by experts and practitioners.

University of Tokyo Future Vision Research Center website University of Tokyo Future Vision Research Center Energy Sustainability Forum Website

Participation in Chuo University Graduate School Work-Life Balance & Diversity Promotion/Research Project

Our company has been participating in the "Chuo University Work-Life Balance & Diversity Promotion and Research Project" since 2020. This project was launched in 2008 with the aim of conducting research and exchanging information on specific initiatives aimed at achieving work-life balance and creating a workplace and society where diverse human resources can demonstrate their abilities. We collect information on companies that are making advanced efforts in work-life balance, work styles, and promoting DE&I, and utilize this information to promote internal DE&I through advice from experts and exchanges with other companies.

Chuo University Graduate School Work-Life Balance & Diversity Promotion/Research Project Website (Japanese Only)