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January 14, 2005

Toyo Gosei's Chiba factory has received the "Award for Excellence in Consistent TPM Commitment 1st Category" for TPM activities promoted by the Japan Institute of Plant Maintenance and was awarded this prize at the Friday, December 17, awards ceremony (held at Pacifico Yokohama, in Nishi-ku, Yokohama City).

TPM is the abbreviation for "Total Productive Maintenance". It is defined as follows.

Building the type of corporation that pursues efficiency in production systems to the ultimate limit (total efficiency) is set as the goal. Mechanisms must be constructed on-site with actual products in order to prevent loss and achieve "zero accidents, zero defects, zero breakdowns", etc. over the entire production system life cycle with the participation of all employees from top management to front line employees, in production departments and across development, marketing, management, and other departments, and zero loss must be attained through redundant small group activities.

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