results of operations for the first half of the fiscal year ending...
TRANSCRIPT
Results of Operations for the First Half of the
Fiscal Year Ending March 31, 2015
October 30, 2014
Nihon Trim Co., Ltd.
The information, forecasts, etc. available in this material are the Company’s judgment as of the preparation date thereof and do not
always guarantee the accuracy of these information. Further, the Company and the information provider will not be responsible for
any damages incurred according to these information. * The material is not prepared for the purpose of soliciting investments.
IR Contact: Business Strategy & Management Dept. (TEL: +81-(0)6-6456-4633 E-mail: [email protected])
2
Contents
1. Overview of the Nihon Trim Group Business
2. Business Performance, Forecast, Indices, etc.
3. Supplementary Materials
Pages 3 - 18
Pages 19 - 25
Pages 26 - 35
3
1. Overview of the Nihon Trim Group Business
4
Reasons for Forecast Revisions and Responses
1. Weak workplace sales (DS Division)
2. Temporary suspension of shipments due to revision in specs of OEM product for a major
home appliance manufacturer
� Plan to resume shipments in February
4. TrimGen Corporation posted an extraordinary loss for receivables of a major customer
� Discussions with the customer are continuing
(a) One cause was the different approach used by the sales force (changed too much due to
strengthened compliance)
� Aim for a recovery in sales by revising to appropriate limitations
(b) Delay in full-scale use of new sales agents
� Started extensive activities involving new sales agents in the Kansai and all other
regions of Japan
3. Drop in sales of water purification cartridges after the rush to buy prior to the April 2014
consumption tax hike
� Sales have returned to normal in the second half of the current fiscal year
In addition to the weak workplace sales, the strong OEM and wholesale sales resulted shift
in the composition of sales channels brought down the gross profit margin
5
Initiatives for Sales Growth
1. Sales of electrolyzed hydrogen water (EHW) systems
(a) Collect data on benefits of drinking EHW – Conduct human tests to determine benefits
for people who have diabetes
(b) Increase public relations and marketing activities – Create new TV commercials
(c) Strengthen sales activities
(d) Start sales activities with new sales agents
2. Genetic diagnosis
(a) Develop a new product for next-generation sequencer
(b) Establish alliances with major global suppliers of genetic testing equipment
4. Electrolyzed water hemodialysis
(a) Goal is to have this dialysis offered by one medical facility in each prefecture of Japan
(b) Develop high-performance products
3. Cord blood storage
(a) Increase number of new samples stored by reinforcing sales activities
(b) Increase cell extraction efficiency by using the revised operating hours of the cell
processing center
5. Agriculture
(a) Start selling EHW systems for growing Reduced Vegetables®
(b) Strengthen the Reduced Vegetables® brand and sell EHW systems to users
6
The Business Goals of the Nihon Trim Group
Transform from a household appliance supplier into a medical company
Positioning the Nihon Trim Group as a supplier of medical devices will also help
increase sales of household EHW systems.
• MGO measurement (TMI)
• Mutated gene detection kits (TRIMGEN)Prediction
• EHW (drinking EHW system)
• Reduced Vegetables® (functional crops)
• EHW system for Reduced Vegetables®
Prevention
• Electrolyzed water hemodialysis (EW-HD system)
• EHW (drinking EHW system)
• Cord blood bank (StemCell Institute)Treatment
Aiming for good
health and a long life
Lower health care
expenses
Use highly functional water
Help the people of Japan lead healthy lives
Become an important industry for health care, agriculture and industry sectors
Utilize technologies created in Japan
�
�
�
�
7
� Health care businesses involving the sale of EHW systems
The Businesses of Nihon Trim
EHW Systems
8
Controlled medical device
Effect/efficacy
� Improved gastrointestinal conditions-Eases stomach discomfort
-Assists in stomach and intestinal functions and in
bowel movements
Designated as a medical device by the government ordinance of
Article 2, Paragraph 4 of the Pharmaceutical Affairs Act and as a
controlled medical device by the Minister of Health, Labour and
Welfare based on Paragraph 6 of this Act.
Advantages of electrolyzed hydrogen water
-Uses a certified medical device
-Contains large quantities of hydrogen
-Alkaline
-Free of impurities
-High extraction power
Standard price in Japan (excluding tax): 164,000 yen
(Medical equipment manufacture
certification number: 226AGBZX00012000)
Standard price in Japan (excluding tax): 378,000 yen
(Medical equipment manufacture
certification number: 224AGBZX00024000)
The Potential of EHW Systems
9
I. Helps people live in good health longer
Extending life expectancy without a longer healthy life simply means that people have a
longer period of poor health in their final years.
Incorporating EHW into life, which has health benefits, can help people stay healthy.
Projected Increase in Life Expectancy in Japan Life Expectancy vs. Healthy Life Expectancy
*Life expectancy: Ministry of Health, Labour and Welfare
“Fiscal 2013 Abridged Life Table”
Healthy life expectancy: Healthcare and Labour Sciences Research
“Fiscal 2010 Research for Predicting Healthy Life
Expectancy and Cost vs. Benefits of Measures to
Combat Lifestyle Diseases”
*Source: Cabinet Office “Fiscal 2013 Aging Society White Paper”
(Age)
Male Female
★2013
Male: 80.21 Y/O
Female: 86.61 Y/O
(Year)
Male
Female
Life expectancy
Healthy life expectancy
Life expectancy
Healthy life expectancy
years
years
(Age)
10
*Source: Japan Health Insurance Association “Company Workforce Health Diagnosis”
(Fiscal 2012, 1.63 million business sites, 35.12 million people)
*Red percentages in parentheses are Nihon Trim expenses as a pct. of national average
Shifting from treating diseases to preventing diseases
Stay healthy by living with an EHW system
Average monthly healthcare expenditures for Nihon Trim employees and Japan
Healthcare expenditures for
Nihon Trim employees are far
below the national average!
Is EHW the reason?
*The average age is 44.0 for Japan and
38.3 for Nihon Trim employees, so the
lower healthcare expenditures are
probably due in part to this lower age.
But this age difference alone is
estimated to lower healthcare
expenditures by about 26%, much less
than the actual difference.
The Potential of EHW Systems
The Growth of Social Security Payments in Japan
11
*Source: National Institute of Population and Social Security Research
“Social Security Payment Statistics (Fiscal 2010), 3. Social Security Payments and Funding”
Figure 4 Social Security Payments by Category
Trillion yen
Pension
¥52,418.4 billion
Medical
¥32,331.2 billion
Welfare and others
¥18,738.4 billion
Fiscal year
Feedback from EHW Users
(Based on responses from 10,999 people)
12
13
Comparison study of individuals who did and did not drink EHW
Demonstrate Effectiveness Regarding Lifestyle
Diseases
Human tests for drinking EHW
Announce results using symposiums
and research papers
Increase the use of EHW systems
Starting large-scale tests in the current fiscal yearStarting large-scale tests in the current fiscal year
Example of completed EHW testExample of completed EHW test
Program participants only ｎ=64
Program participants + EHW ｎ=24
�Lower systolic blood pressure
�Increased “good cholesterol”
�Lower diastolic blood pressure
�Decreased “bad cholesterol”
Program participants only
Program participants + EHW
Program participants only
Program participants + EHW
Program participants only
Program participants + EHW
Program participants only
Program participants + EHW
Results
(a) Lower blood pressure
(b) Increased “good cholesterol”
(c) Decreased “bad cholesterol”
This research is currently in the verification phase and the data shown here are pilot figures
showing that the desired effect may be achieved. These figures are not a guarantee of
effectiveness.
In a special medical checkup system, a comparison study of persons
drinking EHW and those not drinking EHW was made using participants
in the health care program for reducing high blood sugar level as
metabolic syndrome patients. (Joint research with Toyota Kanrenbuhin
Health Insurance Association)
1. About 5% of Japan’s approximately 50 million households use EHW systems
(water purifier ownership rate is about 40%)
2. Goal is to increase EHW system use to 20% by raising awareness of its benefits and performing research
to identify new uses for EHW
50 million households x 20%
= 10 million households
(a) Improves health (b) Low costnote1 (c) Ecology
3. Nihon Trim anticipates a market share of 30%
10 million households x 30% = 3 million households
(a) Total market for purifiers is ¥1 trillion = ¥300 billion (30% share)
(b) Purification cartridge sales of ¥20 billion/year
(assuming a 70% replacement ratio)
14
日本日本日本日本トリムトリムトリムトリム
� The 21st century is often called the age of water. Today, people want water with both “quantity” and “quality” (functions)
� Use highly functional water
� Extend the healthy life span and lower health care expenses
� Help the people of Japan lead healthy lives
� Countries worldwide are struggling with the problem of high medical expenses
� Nihon Trim will take this Japanese technology to other countries
Realization of a Water Health Care Society
Note 1: Approx. 7 yen per liter when using TRIM ION HYPER for five years and replacing the cartridge
once each year
59.4%
14.9%
9.7%
1.0%
0.4% 0.1% 14.5%
Nihon Trim
Others
Company A
Company E
Company B
Company D
Company C
Source: Yano Research Institute
“2014 White Paper on Water Purifiers/Water Conditioners”
Main component EHW Tap water
α-carotene (μg/100g) 7 5
B-carotene (μg/100g) 780 750
Lycopene (mg/100g) 10 9
Sugar content (%) 8.2 7.6
15
� EHW allows growing highly functional plants with higher yields and large amounts of
anti-oxidants
� A grower-processor-distributor framework has been established by using alliances with
an agricultural products company and a large retailer
� Used at plant factories
I. Higher yields!
II. Outstanding nutrition!
Yield EHW Tap water
Weight (grams) 575 455
No. of tomatoes 66 59
Weight per tomato
(grams)8.7 7.7
III. Nihon Trim booth attracted many visitors!
IV. Selected for a development award!
Japanese Society of Agricultural, Biological and Environmental
Engineers and Scientists, Shikoku Branch
At the Kochi Kodawari
Produce Market, Reduced
Vegetables® generated much
interest among department
store buyers and vegetable
sommeliers!
Start sales of EHW system for Reduced Vegetables® in this fall!
Tomatoes grown with
EHW vs. tap water
EHW Tap water
Agriculture: Reduced Vegetables (Trademark)
[Analysis by Japan Food Hygiene Association]
[Analysis by Japan Food Hygiene Association]
16
[Sales, Promotions and Research]
1. Plan to install electrolyzed water hemodialysis systems at four new locations in the second half of the fiscal year
A sales agent agreement has been signed with Nikkiso Co., Ltd. to co-promote sales promotion
2. At the 59th conference of the Japanese Society for Dialysis Therapy that was held in June 2014, we made
presentations on three subjects involving electrolyzed water hemodialysis.
3. Continuing to perform joint research with universities in Japan and other countries to gather more data
� About 300,000 people in Japan require hemodialysis, which uses about 120 liters of water each time
� A next-generation dialysis method that targets the high volume of water used for dialysis (patented)
� Using a dialysis fluid that includes hydrogen improves patients’ quality of life by reducing oxidation
stress, inflammations and side effects
Current 14 hospitals/188 beds We aim to have one medical facility in each of Japan’s prefectures to offer electrolyzed water hemodialysis!
How electrolyzed reverse osmosis water is produced
(個人用)
Electrolyzed water hemodialysis system
(多床用)
Medical: Electrolyzed Water Hemodialysis
Preliminary filter
Purification
Activated charcoal Electrolysis module
UV lamp UV lamp
Electrolyzed hemodialysis water tank
Reverse osmosis module
Reverse osmosis tank
Electrolyzed reverse osmosis water
For individual use For many people
Water
17
� Development of new product for next-generation sequencer
-Shortens examination times
-Allows the simultaneous analysis of multiple genes and many samples
� Target opportunities in the market for genetic testing involving cancer
-Established a sales outlet in Japan in July 2014
-Applied in Japan for approval as an external diagnostic drug
� Preparing for the IPO in Japan of TrimGen Holdings
-Building more powerful infrastructures for operations and management
Conventional sequencer
96-well plate
Next-generation sequencer 1.2 million to 660 million wells
Medical:
Genetic Diagnosis (Individualized treatments)
Mutector II (Mutated gene detection kit)
WaxFree (FFPE gene extraction kit)
1818
[Uses of Cord Blood]
1. For the treatment of diseases [hematopoietic stem cell transplant]
Leukemia (brothers-sisters)/ Aplastic anemia (donor, brothers-sisters), and others
2. For diseases at the clinical trial stage (Japan, overseas) [regenerative medicine and
cellular therapy]
Cerebral palsy / Hypoxic-ischemic encephalopathy, and others
3. For diseases at the R&D stage (Japan, overseas) [regenerative medicine and cellular
therapy]
Chronic pneumonitis / Parkinsonian tremor / Cerebral infarction, and others
� The long-term storage service of cord blood in anticipation of its use in regenerative medicine
and cellular therapy and for treating future diseases
� StemCell Institute Inc. is Japan’s largest private cord blood bank
(32,538 individuals as of September 30, 2014)
� Clinical tests, which are performed mainly outside Japan, point to rising public awareness and
importance of cord blood storage
� There is a progress in activities in Japan involving regenerative medicine that uses cord blood
Annual Cord Blood Storage Ratio for NewbornsYomiuri Shimbun, August 27, 2014:
Regenerative Medicine for Neonatal Encephalopathy
Medical: Cord Blood Storage
Number of newborns
Number of cord blood storage
Cord blood storage ratio
USA
South Korea
Taiwan
Japan
3,800,000
490,000
200,000 10,000
250,000
60,000
1,030,000 3,000
19
2. Business Performance, Forecast, Indices, etc.
20
Amount % Amount %
Net sales 6,615 100.0% 6,678 100.0% 63 0.9%
Cost of sales 1,444 21.8% 1,732 25.9% 288 20.0%
Gross profit 5,171 78.2% 4,945 74.1% (226) (4.4)%
SG&A expenses 3,440 52.0% 3,617 54.2% 177 5.2%
Operating income 1,730 26.2% 1,327 19.9% (403) (23.3)%
Non-operating income 226 3.4% 68 1.0% (158) (69.9)%
Non-operating expenses 16 0.3% 30 0.5% 14 82.4%
Ordinary income 1,940 29.3% 1,365 20.4% (575) (29.6)%
Extraordinary income - - - - - -
Extraordinary losses - - 148 2.2% 148 -
Income before income taxes 1,940 29.3% 1,216 18.2% (724) (37.3)%
Income taxes 543 8.2% 647 9.7% 104 19.3%
Minority interest in income (loss) 7 0.1% (79) (1.2)% (86) (1,218.0)%
Net income 1,390 21.0% 647 9.7% (743) (53.4)%
Net income per share (89.40) yen (54.0)%
Change
(Amount)
Change
(%)
165.66 yen 76.26 yen
(Millions of yen)1H FY3/14 Results 1H FY3/15 Results
1H FY3/15 Results: Consolidated Statement of Income
21
Amount % Amount %
(Flow-type business)
DS Division (workplace sales) 2,548 38.5% 2,112 31.6% (436) (17.1)%
HS Division (installation and referral sales) 868 13.1% 946 14.2% 78 8.9%
SS Division (store event sales) 326 4.9% 323 4.8% (3) (1.1)%
MS Division (OEM and wholesale sales) 448 6.8% 736 11.0% 288 64.3%
MS Division (after-sales services) 143 2.2% 152 2.3% 9 6.0%
EHW systems sales, total 4,335 65.5% 4,270 63.9% (65) (1.5)%
(Stock-type business)
Cartridges 1,511 22.8% 1,553 23.3% 42 2.8%
(Others) 397 6.0% 421 6.3% 24 6.1%
Total 6,244 94.4% 6,244 93.5% 0.5 0.01%
Genetic diagnosis 369 5.6% 93 1.4% (276) (74.7)%
Regenerative medicine - - 336 5.0% 336 -
Electrolyzed water hemodialysis and
MGO measurement2 0.03% 2 0.04% - 34.6%
Total 371 5.6% 433 6.5% 62 16.7%
6,615 100.0% 6,678 100.0% 62 0.9%
Change
(%)(Millions of yen)
Wa
te
r H
ea
lth
ca
re
Bu
sin
ess
Me
dic
al B
usin
ess
Consolidated, total
1H FY3/14 Results 1H FY3/15 Results Change
(Amount)
1H FY3/15 Results: Sales by Business Segment
FY3/15 Summary of Revised Forecast
22
Amount % Amount %
Net sales 13,144 100.0% 13,150 100.0% 0.04%
Cost of sales 2,986 22.7% 3,415 26.0% 14.4%
Gross profit 10,157 77.3% 9,735 74.0% (4.2)%
SG&A expenses 7,043 53.6% 7,385 56.2% 4.9%
Operating income 3,114 23.7% 2,350 17.9% (24.5)%
Non-operating income and expenses 328 2.5% 100 0.8% (69.5)%
Ordinary income 3,442 26.2% 2,450 18.6% (28.8)%
Extraordinary income and expenses 101 0.8% (148) (1.1)% (247.4)%
Income before income taxes 3,543 27.0% 2,302 17.5% (35.0)%
Income taxes 1,000 7.6% 1,090 8.3% 8.9%
Minority interest in income (loss) 35 0.3% (57) (0.4)% (263.4)%
Net income 2,507 19.1% 1,270 9.7% (49.4)%
Net income per share
YoY
comparison
296.69 yen 149.53 yen
(Millions of yen)FY3/14 Results FY3/15 Revised forcast
23
(Millions of yen)As of Mar. 31,
2014
As of Sep. 30,
2014
Current assets 14,365 14,203
A: Cash and deposits 8,914 8,931
B: Accounts receivable-
installment2,721 2,638
A+B: Total 11,635 11,570
Non-current assets 5,631 5,659
Total assets 19,997 19,863
(Millions of yen)As of Mar. 31,
2014
As of Sep. 30,
2014
Total assets 19,997 19,863
Net assets 14,906 14,966
Equity ratio 74.5% 75.3% * Listed-company average: 37.2%(Refer to the aggregate summary of financial
results for the fiscal year ended March 31, 2014
on the Tokyo Stock Exchange website)
Percentage of current assets:
81.4%
A Healthy Financial Condition (Consolidated)
24
50
35
50
35
60
30
50 50
70
Initiatives to Enhance Shareholder Value
� Dividend policy: Placing importance on paying stable dividends,
while payout ratio to improve gradually
� Shareholder special benefit plan: Discount coupon for Nihon Trim
products
Trend in dividend (Yen)2-for-1 stock split
in October 2013¥100 equivalent
based on the number
of shares before the
stock split
Dividend
increase
of 15 yen
FY3/09 FY3/11FY3/10 FY3/12 FY3/13 FY3/14 FY3/15 (fct.)
50.76 127.70 192.12 256.09 358.62
2.4%
5.8%
8.2%
10.1%
12.9%
18.4%
1.9%
4.6%
6.4%8.0%
10.2%
14.1%
0%
2%
4%
6%
8%
10%
12%
14%
16%
18%
20%
0.00
100.00
200.00
300.00
400.00
500.00
600.00
700.00
FY3/09 FY3/10 FY3/11 FY3/12 FY3/13 FY3/14 FY3/15 (fct.)
Net income per share ROE ROA
296.69 149.53
Pre-split basis
593.38Pre-split basis
299.05
25
10.9%
15.4%
17.6%
20.9%22.8%
26.2%
18.6%
0.0%
5.0%
10.0%
15.0%
20.0%
25.0%
30.0%
FY3/09 FY3/10 FY3/11 FY3/12 FY3/13 FY3/14 FY3/15 (fct.)
Aiming to Improve Management Efficiency
Ordinary Income to Net Sales
ROE/ROA
* ROE (Net income/ Shareholders' equity)
ROA (Net income/Total assets)
2-for-1 stock split in
October 2013
26
3. Supplementary Materials
Trend in Consolidated Results of Operations
27
4,573 5,237
6,418
8,808
9,762 10,101
9,650 9,572 8,749
7,963 8,232 8,888
9,616
10,690
13,144
13,150
694 934 1,408
1,922 2,213 2,406 1,783 1,488
929 866 1,265 1,560
2,012 2,440
3,442
2,450
0
3,000
6,000
9,000
12,000
15,000
Net sales Ordinary income
Nov. 2000
Registered on
JASDAQ
Feb. 2003
Listed on TSE 2nd Section
Mar. 2004
Listed on TSE 1st Section
Mar. 2010
Launched TRIM ION NEO
Apr. 2014
Launched TRIM ION HYPER
Apr. 2014
Launched TRIM ION HYPER
(Millions of yen)
28
� Participating in a joint business venture with the largest
local conglomerate called the Sinarmas Group
� Profitable for three consecutive years
� Exports to Singapore and other neighboring countries
� Environmental protection activities through an alliance
with Taman Nasional Gunung Gede Pangrango (National
Park)
� Japanese embassy, consulate general, JAL Narita-Jakarta,
hotels, Starbucks Coffee, Seven-Eleven, etc. Local brand
“Pristine”
PT.SUPER WAHANA TEHNO (Indonesia)
TRIM (Guangzhou) Water & Health Co., Ltd. (China)
and MEDFIRST TRIM CO., LTD. (Taiwan)
China
� Many actions are under way for growth; considering an alliance with a
company in China
� Growing steadily
Taiwan: Equity method affiliate
� Using the sales channels of the alliance partner, a major distributor of
medical products, and branding through joint research with Taiwan
University with the aim of enlarging sales channels for EHW systems
� Increasing the number of sales agents in Taiwan
Overseas: Indonesia/China/Taiwan
(Million rupiah)
(Thousand yuan)
YoY change: +8.6%
YoY change: +23.6%
2007 2008 2009 2010 2011 2012 2013
2008 2009 2010 2011 2012 2013
Sales Trend at TRIM (Guangzhou) Water & Health Co., Ltd.
29
Strengthen R&D Activities at the Industrial,
Public and Academic Sectors
[Basic Research Field] - Identifying the mechanism for the benefits of EHW
(2) School of Agriculture, Kyushu University
(1) Karolinska Institute (Sweden)
Department of Neuroscience
[Medical/Preventive Medical Care Field] - Applied for hemodialysis (clinical
study)
[Agricultural Production Field] - Confirm the benefits of EHW on crops and
develop an agricultural EHW system
[The Federation of Diet Members to Promote the Use of Highly Functional Water]
(3) Fukushima Medical University
(4) School of Medical Science, Tohoku University/
Kashima Hospital (Fukushima)/Nikko Memorial Hospital (Hokkaido), etc.
(5) Kochi Medical School
(Overseas)
(6) Clinical Laboratory Sciences and Medical Biotechnology,
National Taiwan University (Taiwan)
(7) Karolinska University Hospital (Sweden)
(8) Faculty of Agriculture and Agricultural Science Program,
Kochi University
(9) Faculty of Agriculture, Kyoto Prefectural University/
Kyoto Prefectural University of Medicine
(Japan)
Tohoku University Hospital
Karolinska University Hospital
Hemodialysis Ward
Research Highlights
30
Summary
This report was titled “Effects of Deoxidized Nutrient Solution on Growth of
Komatsuna Plants.” Researchers studied the mechanism for the benefits of
EHW in hydroponic nutrient solutions. This research demonstrated that
komatsuna plants grow faster when Nihon Trim’s EHW system for Reduced
Vegetables® are used.
I. Joint research report with Kochi University
II. First evidence that ordinary alkaline ion water purifiers can remove radioactive substances
Summary
This research for the first time demonstrated that household alkaline ion water
purifiers can efficiently remove radioactive cesium and iodine ions from tap
water. This applies to purifiers that have a micro-carbon cartridge and
electrolysis unit for removing hazardous substances.
There are also hopes for using alkaline ion water to protect people from
internal radiation exposure resulting from the ingestion of radioactive
substances. Protection is the result of the ability of hydrogen and mineral
nanoparticles in alkaline ion water produced by an electrolysis unit to remove
reactive oxygen species.
* The research program at Kyushu University used Nihon Trim products.
31
An SPA Model for EHW Systems
Installation /
Follow-up ServicesSalesR&D / Manufacturing
(Production Factory)
“ISO9001:2008” “ISO13485:2003” 28 sites, approx. 200 sales employees Approx. 0.55 million household customers
Manufacturing Subsidiary
Trim Electric Machinery Co., Ltd.
Sales Company
Nihon Trim Co., Ltd.
Installation Subsidiary
Trim Life Support Co., Ltd.
An integrated business model that covers everything from
manufacturing to sales and customer service
Nihon Trim in the News
32
July 2014 Gutta Ri-Man (“Exhausted office worker”)
Rescue Project
Sponsor: Ministry of the Environment
August 2014 Booth at Water Day event
Sponsors: Ministry of the Environment, United
Nations University
Water Day started following the April passage
in Japan of the Basic Act on the Water Cycle.
Nihon Trim’s booth offered visitors mildly acidic
purified water to refresh their feet and EHW to
drink.
April May June July
This is part of the Project to Prevent Heat Stroke by Cooling
Down, a joint public and private-sector campaign. Nihon Trim
participated in this Ministry of the Environment project as a
supporter.
June 2014 Nikkei Shimbun Dialogue Advertisement
With Dr. Wasaku Koyama, the “father of preventive
medicine”
Nihon Trim president Morisawa talks with
Dr. Koyama, honorary head of the
Kumamoto Health Management Center and
president ofthe Japan Society
for Cancer
Prevention. The
subject was the
similar goals of
EHW “water
healthcare” and
preventive
medicine.
June 2014 News Letter
Article about development of TRIM ION HYPER
Explains the challenges involving Nihon Trim’s
development of the TRIM ION HYPER, which
was launched in April 2014 and is more stylish
and compact than the
previous model. It has
a hydrogen density
display, removes more
impurities and has
other features that
demonstrate Nihon
Trim’s commitment to
meeting customers’
demands.
July 2014 News Letter
How to prevent heat stroke
An interview with Associate Professor Kazushige
Goto of the Ritsumeikan University Faculty of Sport
and Health Science provided readers with advice on
the preventing of heat stroke. Associate Professor
Goto explains how to drink water wisely in order to
become accustomed to heat and how to choose
the right water.
September 2014 Vol. 11 of the
seasonal magazine Mizuoto
Issued twice each year, Mizuoto
supplies customers with a broad
range of information, such as
examples of how to use water
and the various activities of Nihon
Trim.
August September
33
Corporate Social Responsibility
● Recycling of used water purification cartridges
● Kochi Business Challenge Fund (the Nihon Trim Fund)
● Sports: Holds Trim Cup and other events
(1) Sponsored by the Japan Futsal Federation:
Trim Cup 2014 6th National Women‘s Invitational Futsal Tournament
(2) Main sponsor of The Kochi Fighting Dogs
(3) Baseball Challenge League sponsor
(4) Official water contract with Orix Buffaloes
(5) Official supplier of Tango university ekiden and Kansai students ekiden relay race
* Supplied to 10 teams in the J League, and approx. 100 sport-related organizations including
professional teams, corporations, universities, and high schools.
● Relay for Life Japan
Support events for cancer patients and their families are sponsored by the Japan
Cancer Society.
We provide “I'm fine” as an official supplier.
Provide support for start-up businesses (formed with a donation of ¥100 million)
34
Corporate Overview
Main businessManufacture and sale of household EHW system
(medical device)
Established June 12, 1982
Headquarters22F, Herbis Ent, 2-2-22 Umeda, Chuo-ku, Osaka, Japan
Tel. +81-(0)6-6456-4600 Fax. +81-(0)6-6455-3951
Capital 992,597,306 yen
SharesListed on the First Section of the Tokyo Stock Exchange
Securities Identification Code: 6788
Issued shares 8,656,780 shares
Shareholders 7,236 (as of the end of September 2014)
Employees
(consolidated)448 (as of the end of September 2014)
President Shinkatsu Morisawa
Main banksSumitomo Mitsui Banking Corporation
Sumitomo Mitsui Trust Bank, Limited
Corporate Overview
Member of Councillors, Nippon Keidanren
Member of Industrial Promotion Committee,
Kansai Economic Federation
Member, Japan Hospital Association
Director, Functional Water Foundation
HERBIS ENT, where the Company’s
headquarters are located
TRIM (Guangzhou) Water & Health Co., Ltd.(Based in China; established in October 2005)
PT SUPER WAHANA TEHNO(Based in Indonesia; invested in October 2006）
ISO：22000：2005
MEDFIRST TRIM CO., LTD.(Based in Taiwan; established in April 2012)
Trim Electric Machinery Co., Ltd.
(Production factory; established in February 1990)
ISO9001: 2008 ISO13485: 2003
Functional Water & Cell Analyzing Center
Co., Ltd.(Measurement and scientific analysis of functional water;
established in April 2004)
Trim Life Support Co., Ltd.(After-sales services; established in February 2012)
Others
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Nihon Trim Group Companies
Water Healthcare Business Medical Business
Overseas Business
TrimGen Corporation(Development of genetic diagnostic kit; established in
January 1999)
ISO9001: 2008
TrimGen Holdings Co., Ltd.(Holding company; established in May 2007)
Trim Medical Institute Co., Ltd.(Contract measurements of glycolytic metabolites and
sales of electrolyzed water hemodialysis system;
established in December 2007)
StemCell Institute Inc.(Private cord blood bank; established in August 1999)
Trim Electric Machinery (Nankoku city, Kochi prefecture: completed in 2002)