Integrated Report 2021

Year Ended December 31, 2021

0.000000001 m

Deepens the World

Purpose:

The meaning of the existence of TOK

Contributing to

a sustainable future through chemistry

Management Principles

Create a frank, open-minded business culture, continue efforts to enhance technology, raise the level of quality of products,

and contribute to society

Management Vision

"The e-Material Global Company®" contributing to a sustainable future through chemistry

CSR Policy

  • Increases the sustainable corporate value as a whole group by improving employee engagement.
  • Continues to provide high-value-added products that contribute to technological innovations in order to resolve social issues.
  • Strives to grow together with society and remain as an attractive company that earns the trust of all stakeholders.

Integrated Report 2021 001

10,000-
1,500 nm
TOK Photoresists

Sources of Value Creation1

- World-leading microprocessing technology

TOK is the manufacturer with the largest global market share for semiconductor photoresists.*2 TOK's purpose of contributing to a sustainable future through chemistry is supported and prac-

ticed by the three core competences of microprocessing technology, high purification technology, and customer-oriented strategies.

TOK developed semiconductor photoresists for the first time in 1968, and since that time, the company has continuously upgraded its microprocessing technology, which contributes to the higher performance, lower power

consumption, lower cost, and smaller size of semiconductors,

thereby consistently satisfying social expectations with its final products.

Semiconductors

Always satisfying social expectations with microprocessing technology

Social

expectation

Social

expectation

More efficient

economic activities

1970s

Examples of final products Calculators*3

Outputs

First semiconductor positive photoresist developed in Japan

1970s

Trends of line Line width of semiconductors width of semi-

conductors*5

Social

expectation

More advanced

information processing

1980s

Examples of final products

PC

Outputs

i-Line photoresists

Trends of aggregate market value of TOK*4

1980s

Line width of semiconductors

1,500-

600 nm

More advanced communication

1990s

Examples of final products

Feature phones

Outputs

KrF excimer laser photoresists

1990s

Line width of semiconductors

600-

130 nm

*2 Based on the sales quantity of EUV, ArF, KrF, g-Line, and i-Line photoresists in 2021 (calculated by TOK and based on Fuji Keizai "Current Status and Future Outlook of Semiconductor Material Markets 2022")

*3 The photos of examples of final products on this page are conceptual images.

*4 Calculated on the basis of the closing stock price at each term end and the number of shares issued (including treasury stock); The scale of the conceptual graph of aggregate market value does not strictly match the year indications of topics.

002TOKYO OHKA KOGYO CO., LTD.

Initiatives to Address Material Issues

Value Creation Story

Data Section

for Enhancing Corporate Value

Value creation area = 1 nanometer*1

2021

0.000000001 m

Aggregate market value

Highlights

¥289.6 billion*

*1 Approx. 1/100,000 of the thickness of a hair

4

Energy-saving effect through

semiconductor miniaturization pursued

by TOK over the past 50 years

Approx. 1/4,000,000*6

Social

expectation

Social

networking

2000s

Social

expectation

Promotion of

decarbonization

2010s

Social

expectation

Achieving

a new normal

2020s

Examples of final products

High-performance PC

Examples of final products

General electronic products

Outputs

Examples of final productsEUV photoresists

Smartphones

Outputs

Full portfolio

Outputs

ArF excimer laser photoresists

2000s

2010s-

Since the 2020s

Line width of semiconductors

Line width of semiconductors

Line width of semiconductors

130-

32-

5 nm

32 nm

7 nm

*5 Includes TOK's estimates for the decades shown

*6 A rough estimate for two-dimensional semiconductors (1970: 10,000 nm 2022: 5 nm); Based on scaling laws where miniaturization in line width to approximately 1/2,000 of the original size leads to power consumption of approximately 1/2,0002, or approximately 1/4,000,000.

Integrated Report 2021 003

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TOK - Tokyo Ohka Kogyo Co. Ltd. published this content on 31 October 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 October 2022 12:41:08 UTC.