216 215 12 ENERGIZING THE FUTURE
CIS 1% CONTENTS 2 4 CEO 12 2 2 : TO THE NEXT GROWTH STAGE 22 28
LPG 36 36 38 43 46 47 IIRC ver 1. CSR Book WEB CSR 216 6 http://www.showa-shell.co.jp/csr/index.html 216 1
198524 19 1942 3 1948 1985 1993 CIS 1951 1961 1967 1973 POS 1978 X 1987 X 1995 19 1996 21 1996 1999 2 1917 22 191 195 6 1962 1964 1969 198 1986 194 1945 197 1 2 1996 3 1965 197 198 2 216
25212 213 25 25 28 LPG 21 21 1 2 211 CIS 213 217 213 215 LPG CIS 216 3 Shell V-Power214 -Ponta 215 Ponta 21 Shell EasyPay 212 (KL) 25 2 21 212 2 15 199 1996 1998 214 216 5 199 2 21 216 3
CEO CEO 1979 2325 26 28 29 213 COO 215 3 CEO 4 216
Q1 215 214 215 1 CCS 1 1,2 8 4 4 211 554 288 CCS 266 154 217 175 138 176 212 213 214 215 51 11 CCS Q2 3 215 4 216 SS 215 216 4 SS LPG p23 216 5
215COP21 215 CIS 215 216 215 216 2 216 4 SS LPG 2123 214 Shell V-Power Shell V-Power 6 216
BPR BPR: Business Process Re-engineering 216 213 217 5 1 216 Q3 2 1996 21 213 215 11 1996 3 Q4 216 7
Q5 1 2 7, SSSS 5 5 2 SS 5 5 Q6 215 1 216 1 217 4 215 7 3 215 11 12 216 1 217 4 8 216
Q7 5 216 9
Q9 CEO 4 2 Q8 3 CEO215 CEO Q1 216 1
Women s Q11 3 216 138 5, 4, 3, 2, 1, 5 1 211 21 212 213 214 215 216 48 36 24 12 38 38 38 36 18 18 18 216 11
WEB http://www.showa-shell.co.jp/profi le/mp/corporate_governance.html J L M K H F D C E G I A B 12 216
216 5 31 A B CEO COO215 3 216 3 C 213 3 215 12 /12 D 29 3 215 12 /12 215 5 E 214 3 215 12 /12 F 214 3 215 12 /12 G 214 3 215 1 /12 H 215 3 216 3 215 1 /1 I 216 3 212 6 / CEO J K HSSE L 26 3 215 11 /12 11 /13 M 28 3 215 12 /12 13 /13 423 1 1, 2 http://www.showa-shell.co.jp/profi le/mp/corporate_ governance.html 216 13
Q. 215 CEO 213 3 216 4 2 COO Q. Q. 1999 23 1 25 1 27 29 1 84 14 216
Q. Q. 2 Women s 26 3 Q. 198 Q. 213 1 2 1 214 1 215 CEO 216 97 216 15
215 6CEO 7 9 2 4 CEO HSSE 7 2 HSSE VOP VOP CEO COO Voice of People VOP 16 216
2 2 PwC 215 12 116 54 2 4 2 COO COO COO 215 2 4 216 17
213 11 5 214 3 27 6,54,5 216 3 29 28 3 28 1, 213 27 3 29 215 12 273 235 38 3 72 72 4 112 11 2 7 215 CEO e Voice of People VOP 18 216
VOP BCMBCM 215 214 HSSE BCC 215 BCM BCC HSSE P36 37 IR WEB WEB WEB WEB http://www.showa-shell.co.jp/profi le/mp/index.html 216 19
SPECIAL FEATURE TO THE NEXT GROWTH STAGE t/ 4, 3, 2, 2t 3% 1, 29 21 211 212 213 214 215 216 217 218 219 22 221 222 223 224 225 2 216
2GW 15MW > 31 > > 3 3 3%6 kw 4 9 kw 211 216 4 12 kw4 kw 325% 58% 216 21
21 214 217 3 3 7 25.5 12 22 216
/ 6, 4,5 3, 1,5 28 214 217 1,6 1,2 8 4 213 22 225 International Energy Agency (IEA) World Energy Outlook Special Report 215 199 21 214282 217 3 3,212 SS 215 12 216 23
COO 199 1999 211 216 213 215 215 24 216
213 214 215 216 217 26 = 345 LPG SS 214 Shell V-Power SS 216 4 LPG 215 44LPG 216 25
216 P21 % 59.4 6 5 4 3 2 1 A B C D (216 3) 7KL 18 t % 1 9 86.3 84.2 93.2 91.6 94.6 86.6 91.5 8 7 74.6 77.3 75.3 75.7 77. 8.8 82.5 6 29 21 211 212 213 214 215 213 213 1 215 215 26 216
SS SS 21 Ponta Shell EasyPay 215 -Ponta Shell V-Power 214 215 216 4 1 /L 1SS % 14 12 1 8 Ponta 21 211 212 213 214 215 212 213 214 215 Shell Easy Pay SS POSSS Shell V-Power -Ponta GTL 1 GTL 22 1 GTL Gas To Liquids 2 XHVI GTL XHVI 2 2141 2 15 1 5 75% 214 215 215 % 1 CSR Book 9 8 7 216 27
(GW) 1, 7,5 5, 2,5 213 22 225 23 International Energy Agency (IEA) World Energy Outlook Special Report 215 CIS Cu InSe 9MW 2162 6MW 9MW 15MW 28 216
215 COP21 212 21525GW 22 211 23 216 4 6 kw 25% 216 29
1GW 1 kw COO CIS CIS 215 216 2 215 CIS Leap in Technology Win in Japan Technology Sales Enhance Production Cost and Efficiency Go Global 3 216
213 214 215 216 217 3 215 11 216 2 3 45 kw 6 kw 216 4 SS LPG 216 31
CIS CIS CISCI S 11 HIT CIS CIGS CIS EPT EPT 1MW 2. 1. EPT= 1.5 EPT= 1.1 EPT=.9 CIS NEDO 1.2 CIS 1.1 CIS 1..9.8 1. 6 8 CIS.7 25 5 75 1 1,W/m 2 CIS SF17-S.31%/.41%/ 32 216
2. CIS 3. CIS CIS CIS 1cm3cm 3cm.5cm 2 215 22.3% 215 22.3%.5cm 2 214 2.9%.5cm 2 213 19.7%.5cm 2 212 17.8% 3cm 211 17.2% 3cm 21 16.3% 3cm 1GW P21 211 21413% 215 13% 14% 2162 216 33
CIS 1 2 215 2155 2165 1 2 CISBOT BOT CIS BOT 215GestampSolar 28MW 215 15MW 2162MW BOT BOT Build Own Transfer 215 5 34 216
2321 LNG 1 2 216 23 215 11 kw 7 3 kw 6 3 5 4 3 2 27 kw 1 2 1 23 21 214 215 216 P21 216 4 SS LPG % 1 75 5 25 213 215 22 1 /L 1 PontaSS1 /L 5 /L 2 SS Ponta 1 SS WEB https://sss-denki.jp/ 2 1L 216 35
HSSE HSSE HSSE HSSE CEO HSSE HSSE HSSE CEO CEO HSSE HSSE HSSE 3 2151 1.2.4 SLCM HSSE / 2. 1.5 1..5 1.8 1.7 1.4 1..8 1.2 21 211 212 213 214 215 1 36 216
3 HSSE-MS JIS ISO91 HSSE 24 OCIMF SIRE SHIP INFORMATION REPORT EXCHANGE Shell International Trading & Shipping Co., Ltd. STASCO 1993 SIRE STASCO GPS Safety & Quality First SQF CSR Book 216 37
HSSEHSSE HSSE-MS ISO141 99% 213-215 216-218 WEB http://www.showa-shell.co.jp/profi le/mp/hsse.html 213-215 1% 22 53 KL/ ETBE 217 5 KL ETBE CSR ECO TRY21 Cool-Biz 1% PC 1% 11 CIS SOx GTL CSR Book 38 216
216-218 CSR 1% 22 53 KL/ETBE 217 5 KL ECO TRY21 Cool-Biz 1% CIS 1 2 3 ( ) COD 216 SOxNOx SOx NOx NOx 216 39
16 215 53,238t 8% 42,67t 1% 21532t.8% 28 t/ 2, 1,8 1,6 1,4 1,2 1, 8 6 4 2 1%.8% 32 27 28 29 21 211 212 213 214 215 32t 42,67t =.8% % 5. 4. 3. 2. 1. CO2215 6,9 t-co2 5,68 t-co284% CO2 CO2 CH4 N2O SF6 CO2 t-co2/ 15, 12. 22 53 KL 1.19 12, 9.45 9, 6, 3,965 3, 1. 8.53 8. 7.46 5,68 6. CO2 4. 199 27 28 29 21 211 212 213 214 215 1% 215 7.46 KL/KL 1% CSR Book 215 WEB 4 216
215 7,55 TJ 195 KL IN OUT CO2 54 t-co2 71,97 TJ 1,857 KL 138,733 KL 32,866 KL 173 KL IN OUT CO2 SOx NOx 5,68 t-co2 42,67 t 3,18 t 2,262 t 135 t 171,772 t 2,973 TJ 77 KL 1,8 KL 116 KL 1,99 KL IN OUT CO2 178 t-co2 1,631 t 3,96 t 2,46 TJ 63 KL IN OUT CO2 17 t-co2 1,66 TJ 41 KL IN SS 3,2 OUT CO2 53 t-co2 8,699 KL 1,794 KL 2,625 KL 5,366 KL 3,81 KL 6,588 KL IN OUT CO2 7,446 t-co2 215 215CO2 OFFSET 2,,t-CO2 525g-CO2/kWh 27 21245MW 213 9MW2 216 41
2 CO2 O2 etc. H2 etc. 6 45 3 15 22 26 47 5 28 29 21 211 212 213 214 215 58 43 46 56 H2O CO2 CIS 214 215 GTL CIS 31 1.5mm 215 6 42 216
1 3 / MBO/ / TOEIC 211 3 3 IT 1 3 215 1 / 2 15 1 5 211 212 213 214 215 216 43
D&I 6 2156 72.1% 215 12 2. 215 12 88 22.8 % 2. % 26 4.4 % 44. 19.9 215 12 215 2 5 29 % 5 6 % 212 4 215 1 % 215 4 21595.6% 1 1 3 213 214 55% 215 63% +8 2 214 215 57% 7% +13 2 214 48% 215 71% +23 2 1 21495.3% 21595.6% 2 % 44 216
28 214 213 214 215 23 3 2 2 4 2 9 1 13 1 17 1 35 19 41 22 34 15 23 11 2 13 13 8 4 4 5 3 2 4 1 Women s 1991 22 214 1 95.3 4 215 1 Women's 4 Women's 215 1 12 1Women s 216 2 216 2 215 1 12 216 2CEO8 1Women s 216 2 Women s D&IWEB http://www.showa-shell.co.jp/profi le/mp/d_and_i.html 216 45
215 Showa Shell Sekiyu Environmental Photo Contest 215 215 195644 4 11 215 TABLE FOR TWO International IR3S TABLE FOR TWO TABLE FOR TWO International RIJ NPO RIJ1972 215 CSR Book 46 216
48 12 5 54 56 58 / 59 6 61 62 64 65 WEB http://www.showa-shell.co.jp/ir/securities_report.html 216 47
12 12 31 215 214 213 212 2,177,625 2,997,984 2,953,88 2,629,261 2,49,935 2,85,218 2,83,41 2,539,754 119,482 138,61 141,21 78,262 8,27 9,156 9,556 11,245 2,78,535 2,89,43 2,744,53 2,481,144 99,89 17,554 29,278 148,117 111,298 125,611 133,847 133,419 (12,29) (18,57) 75,43 14,697 (3,812) (37,391) 56,114 28,128 CCS 1 51,14 13,839 21,742 26,678 (1,191) 17,691 17,553 (15,435) 1,794 1,642 1,763 2,4 (13,282) (16,723) 76,24 12,674 CCS 1 41,544 34,57 41,832 11,224 (27,467) (9,73) 6,295 1,13 2 222,625 272,52 3,618 249,826 957,665 1,176,282 1,295,831 1,233,193 3 138,915 164,417 192,358 247,552 38,898 41,361 4,61 43,62 32,342 29,313 25,11 2,987 4 378,95 481,551 521,612 515,554 74,819 72,733 95,133 41,922 (43,685) (28,151) (27,534) (17,747) 5 31,134 44,581 67,598 24,174 (56,182) (28,148) (57,193) (21,391) 1 (72.93) (25.76) 16.9 2.69 591.1 722.33 798.17 663.33 38 38 36 18 % 6 38.3 224.9 % (.6)% (.6)% 2.6%.6% % (1.3) (.3) 2.. ROA% (2.6) (.8) 4.8.1 ROE% 2 7 (11.1) (3.4) 21.9.4 % 2 8 23.2 23.1 23.2 2.3 % 9 93.5 1.1 17. 14.3 % 1 38.4 37.7 39. 49.8 11 376,632 376,634 376,637 376,623 1 CCS 2 26 3 4 5 6 1 / 1 7 / 8 / 9 / 1 / 11 48 216
211 21 29 28 27 26 25 24 2,771,418 2,346,81 2,22,52 3,272,81 3,82,641 2,921,287 2,268,488 1,839,445 2,695,278 2,34,19 65,799 28,863 1,339 13,198 2,582,339 2,183,535 1,956,623 3,161,95 2,874,422 2,728,137 2,56,23 1,665,978 189,78 162,545 65,896 11,851 28,219 193,149 212,465 173,466 128,79 125,844 123,38 123,134 119,45 118,847 114,84 113,28 6,288 36,71 (57,142) (12,283) 88,813 74,31 98,381 6,185 87,267 45,569 55,479 37,77 (28,895) (11,581) 1,917 2,713 61,87 42,148 (56,455) (1,65) 92,79 77,675 1,497 61,927 3,2 34,286 (11,691) 45,697 44,271 58,74 53,279 4,426 23,11 15,956 (57,619) (16,221) 43,729 46,249 58,37 2,362 255,865 24,24 235,517 36,813 338,933 39,411 275,232 226,955 1,28,442 1,193,149 1,172,739 1,29,956 1,339,114 1,195,15 1,145,191 95,823 262,8 28,18 275,837 26,363 166,655 173,881 162,18 16,229 43,329 33,949 35,277 31,239 26,78 27,329 23,979 24,653 39,559 81,733 49,933 37,66 23,617 32,54 17,442 12,48 534,228 541,256 533,59 586,29 522,68 499,939 467,63 341,738 5,551 89,836 (7,395) 26,631 44,796 29,312 25,86 29,598 (24,56) (82,51) (47,761) (42,932) (25,687) (28,883) (28,548) (19,194) 25,991 7,325 (55,156) (16,31) 19,18 429 (2,742) 1,43 (31,159) (8,671) 4,371 72,337 (21,29) (13,712) 2,725 (17,7) 61.36 42.37 (152.99) (43.7) 116.12 122.95 155.31 6.14 679.37 637.78 625.33 814.63 899.9 822.2 732.8 65.25 18 18 36 36 36 36 35 3 31.3 3.3 29.8 32.4 24.5 355.5 2.2% 1.6% (2.8)% (.4)% 2.9% 2.5% 4.4% 3.3%.8.7 (2.8) (.5) 1.4 1.6 2.6.1 1.9 1.3 (4.9) (1.3) 3.3 3.9 5.1.3 9.3 6.7 (21.2) (5.) 13.5 15.8 23.2 1. 21.2 2.1 2.1 25.4 25.3 25.9 24. 25.1 13.2 9.2 83. 95.4 12.3 95.9 91. 83.8 5.7 53.8 53.9 4.2 33. 36. 37.1 31.9 376,624 376,625 376,627 376,63 376,633 376,323 375,863 374,868 216 49
215 12 215 6 1 54 5 67 215 32 112 8 125 112 215 214 21,776 29,979 (8,23) (122) (18) 58 (132) (167) 34 (8) 13 (93) (274) (97) (177) 415 345 7 2 1,77627.4% 122 5813234 4157 8 212 59 274177 172.9 47.1 32, 9 24, 21,776 6 415 16, 3 8, 211 212 213 214 215 3-132 211 212 213 214 215 CCS CCS 5 216
215 214 2,499 28,52 1,194 1,386 82 91 21,776 29,979 215 214 (38) (373) (11) 176 17 16 (122) (18) 2 49928.1%38 335 51 371 11 1,19413.8% 11278 821.4% 171 1 2 CCS 9 1 6 3 51 426 1-72.93-11 2 211 212 213 214 215 3 211 212 213 214 215 CCS CCS CCS 216 51
12 215 214 4,482 6,621 3,656 3,956 1,437 1,185 9,576 11,762 7,143 8,799 1,554 2,94 2,433 2,963 2,226 2,72 2159,576 2,186 5292,433 1,656 7,143 1,55454 215 23.2% 1 722.3 591.1 ROA % ROE % 15, 12 3,6 45 1, 9,576 8 2,4 2,433 3 5, 4 1,2 15-2.6-11.1 5, 211 212 213 214 215 4 1,2 211 212 213 214 215 15 ROA ROE 52 216
12 215 214 748 727 (436) (281) (561) (281) (25) 164 438 274 153 438 215 285153 748 727 436 281 561281 215 541,554 216 12 216 2 216 BOT 6,8 36 16 54 3 12 % 1, 3,2 6 75 748 2,4 38.4% 45 5 143 1,6 1,389 3 25 436 8 15 211 212 213 214 215 211 212 213 214 215 216 53
215 215 1 2 3 4 216 54
5 6 HSSE (Health) (Safety) (Security)(Environment) 7 8 9 1 11 216 55
: 215 12 31 214 12 31 215 214 16,554 45,81 212,659 3,564 81,23 137,486 977 2,968 81,432 121,871 12,986 1,237 42,478 44,129 (71) (224) 448,22 662,114 91,614 95,161 1,6 1,436 12,695 117,186 142,272 154,66 13,43 11,368 5,993 6,848 365,68 395,661 171 1,431 3,718 3,88 4,726 5,556 179 237 8,796 11,33 67,277 4,444 9,629 8,888 39,449 38,149 126 115 18,746 2,47 (261) (532) 134,967 17,472 59,445 514,167 957,665 1,176,282 56 216
: 215 214 21,388 284,944 52,265 19,673 154,648 24,142 4,184 2,713 9,582 9,472 2,195 2,22 59 84 6,589 39,422 48,374 479,334 661,67 2, 2, 83,25 79,825 2,656 3,669 16,258 11,597 9,143 82,97 22,74 21,168 235,2 218,357 714,337 879,964 44,, 376,85,4 215214 34,197 34,197 22,123 22,123 171,721 219,74 215 218,724214 216,116 (185) (182) 227,857 275,878 2,128 2,93 (81) 289 (7,278) (6,29) (5,232) (3,826) 2,72 24,264 243,328 296,317 957,665 1,176,282 216 57
: 215 1 1215 12 31 214 1 1214 12 31 215 214 2,177,625 2,997,984 2,78,535 2,89,43 99,89 17,554 111,298 125,611 (12,29) (18,57) 178 139 646 57 78 15 259 873 1,63 1,336 687 1,384 1,88 3,963 6,456 1,326 1,697 1,225 1,665 585 1,126 667 773 1,92 5,37 5,121 (13,282) (16,723) 1,34 3,666 55 5 4,252 3,177 3,45 838 638 9,936 7,487 2,673 2,53 288 6,669 1,575 7,275 828 1,334 1,366 17,952 6,112 (21,298) (15,347) 5,161 4,2 (1,137) (1,686) 4,24 (6,665) (25,323) (8,682) 2,144 1,21 (27,467) (9,73) 215 214 1: 1 (72.93) (25.76) 1 1 38. 38. 1 591.1 722.33 : : 215 1 1215 12 31 214 1 1214 12 31 215 214 (25,323) (8,682) (7) 57 (371) 8 (1,134) (2) (77) (1,515) 1,293 (26,838) (7,388) (28,886) (8,423) 2,47 1,34 58 216
215 1 1215 12 31 214 1 1214 12 31 : 215 214 34,197 34,197 34,197 34,197 22,123 22,123 22,123 22,123 219,74 243,374 (6,236) 213,53 243,374 (14,314) (13,937) (27,467) (9,73) 1 5 (41,781) (23,634) 171,721 219,74 (182) (18) (2) (2) (2) (2) (185) (182) 275,878 299,515 (6,236) 269,642 299,515 (14,314) (13,937) (27,467) (9,73) (2) (2) 1 5 (41,784) (23,636) 227,857 275,878 2,93 1,613 34 48 34 48 2,128 2,93 289 (51) (371) 8 (371) 8 (81) 289 (6,29) (1,69) (6,29) (1,69) (6,29) (7,278) (6,29) (3,826) 1,12 (1,45) (4,929) (1,45) (4,929) (5,232) (3,826) 24,264 24,733 (3,562) (468) (3,562) (468) 2,72 24,264 296,317 325,352 (6,236) 29,8 325,352 (14,314) (13,937) (27,467) (9,73) (2) (2) 1 5 (4,967) (5,398) (46,752) (29,35) 243,328 296,317 216 59
: 215 1 1215 12 31 214 1 1214 12 31 215 214 (21,298) (15,347) 38,898 41,361 6,669 1,575 2,673 2,53 (1,34) (3,666) (3,45) 288 (332) (33) (2,721) (1,657) (11) (32) 6,589 4,661 (3,436) (824) (79) 2,552 3,362 8,343 91,532 76,166 61,299 (79,93) (91,459) (35,497) 2,96 7,94 (1,181) 8,267 95,559 794 855 (2,65) (3,489) (3,636) (2,191) 74,819 72,733 (31,835) (26,95) (1,) (2,358) 3,555 4,92 (9) (9) 111 49 (7,438) 1,287 (2,232) (2,389) 3 8 (5,375) (228) 537 (2,481) (43,685) (28,151) 6,956 (2,135) 4, 15, (5,811) (24,36) 1, (1,) (2) (2) (1,261) (1,526) (14,314) (13,937) (749) (683) () (52) (56,182) (28,148) (25,48) 16,433 43,877 27,428 1 13 (3,473) 15,355 43,877 : 215 214 16,554 45,81 3 (1,198) (1,24) 15,355 43,877 6 216
12 31 215 214 213 212 211 KL 1 23,639 22,182 21,782 21,53 26,212 % 1 91.5 86.6 94.6 91.6 93.2 KL 8,699 8,694 8,952 9,6 9,494 JET 1,794 1,791 1,856 2,158 2,77 2,625 2,681 2,71 2,83 2,816 5,366 5,395 5,264 4,999 4,952 A 2,7 1,836 1,72 1,634 1,61 C 1,74 1,263 1,325 1,928 1,769 2 3,495 4,22 4,157 4,42 4,195 25,6 25,681 25,985 26,649 26,914 3,93 2,63 1,558 574 3,548 KL 28,153 27,744 27,543 27,223 3,462 % 3 16. 16.1 15.6 15.5 15.5 % 3 19.4 18.3 16.9 16.6 16.6 3,212 3,339 3,464 3,633 3,782 984 993 99 978 963 1 2 LPG 3 216 61
216 4 1 1 1,8 9 EPOCH HSSE 62 216
UAE 1 8 9 216 63
215 12 31 21 IT IT 1 14 OA LP 216 64
215 12 31 1985 61 1 44,, 376,85,4 34,197,585,9 88 SS 3,212 48,621 52 168-63 2-8-4 PwC 3 125,261.2 33.24% 56,38. 14.96 18,814.4 4.99 12,783.3 3.39 6,784. 1.8 4,75.6 1.25 BNP 3,52..93 2,965.5.79 2,575.8.68 9 2,435..65 1 236,26.8 62.68 1,2 TOPIX 2, 9 6 3 1,5 1, 212 213 214 215 1 2 3 4 5 6 7 8 9 1 1112 1 2 3 4 5 6 7 8 9 1 1112 1 2 3 4 5 6 7 8 9 1 1112 1 2 3 4 5 6 7 8 9 1 1112 5 1, 75, 5, 25, 212 213 214 215 1 2 3 4 5 6 7 8 9 1 1112 1 2 3 4 5 6 7 8 9 1 1112 1 2 3 4 5 6 7 8 9 1 1112 1 2 3 4 5 6 7 8 9 1 1112 216 65
SRI 216 5 May 216 Printed in Japan FTSE4Good Index Series24 12 135-874 2 3 2 TEL: (3) 5531-5793 http://www.showa-shell.co.jp/