The so-called renormalization group (RG) method is applied to derive kinetic and transport equations from the respective microscopic equations. The derived equations include the Boltzmann equation in classical mechanics, the Fokker-Planck equation, and a rate equation in a quantum field theoretical model. Utilizing the formulation of the RG method which elucidates the important role played by the choice of the initial conditions, the general structure and the underlying assumptions in the derivation of kinetic equations in the RG method are clarified. It is shown that the present formulation naturally leads to the choice for the initial value of the microscopic distribution function at arbitrary time t 0 to be on the averaged distribution function to be determined. The averaged distribution function may be thought of as an integral constant of the solution of the microscopic evolution equation; the RG equation gives the slow dynamics of the would-be initial constant, which is actually the kinetic equation governing the averaged distribution function. It is further shown that the averaging as given above gives rise to a coarse-graining of the time-derivative which is expressed with the initial time t 0 , and thereby leads to time-irreversible equations even from a time-reversible equation. It is shown that a further reduction of the Boltzmann equation to fluid dynamical equations and the adiabatic elimination of fast variables in the Fokker-Planck equation are also performed in a unified way in the present method.