Reuse and rental of refurbished batteries as an ESG business
First written in FY2022-Q1. 3 of 12 entries say "Advanced", first in FY2022-Q2. Latest entry: 2026-05-14.
No other company in this theme has enough history to compare yet.
- 2026-05-14RestatedEarningsSuggests it is closing out
「Under a policy of not conducting this battery transaction in the future, we are reviewing our contracts with the respective companies and proceeding with the termination of contracts entered into with certain customers.」
The company continues to pursue its policy of not conducting reuse-rental transactions involving recycled EV batteries and to terminate contracts. - FY2025-H1DroppedAnnual report
「Under a policy of not conducting this battery transaction in the future, we are reviewing our contracts with the respective companies and proceeding with the termination of contracts entered into with certain customers.」
The company continues to pursue its policy of not conducting reuse and rental transactions involving refurbished EV batteries and is proceeding with the review and termination of related contracts. - FY2024DroppedAnnual report
「The company is reviewing its contracts with each counterparty under a policy of not conducting these battery storage transactions and is proceeding with the termination of contracts entered into with some customers.」
The company explicitly stated its policy of not conducting reuse and rental transactions involving refurbished EV batteries and is proceeding with the review and termination of related contracts. - FY2024-Q2WorsenedAnnual report
「Expenses related to the independent committee's investigation and the correction of prior-year financial results were incurred during the cumulative second quarter of the current consolidated fiscal year, and ¥135.010 million was recognised as an extraordinary loss.」
Expenses related to the independent committee's investigation and the correction of prior-year financial results concerning refurbished battery reuse and rental transactions and other matters were recognised as cumulative extraordinary losses of ¥135.010 million. - FY2024-Q1WorsenedAnnual report
「As announced in the notice dated 31 January 2024 regarding the expected recognition of extraordinary losses associated with the independent committee's investigation, the group incurred expenses related to the investigation in the first quarter of the current consolidated fiscal year and recognised ¥73.122 million as an extraordinary loss.」
Expenses of ¥73.122 million for the independent committee's investigation of the refurbished battery reuse and rental business were recognised as an extraordinary loss. - FY2023WorsenedAnnual report
「For this business, as stated in the consolidated financial statements under Notes to the Consolidated Balance Sheet, 4. Contingent Liabilities, the company cancelled revenue and cost of sales relating to services that may not have had any substance, based on the findings of the investigation report received from the independent committee on 15 January 2024.」
For the refurbished battery reuse and rental business, the company cancelled revenue and cost of sales relating to services that may not have had any substance, based on the findings of the independent committee's investigation. - FY2023-Q2RestatedAnnual report
「The ESG Business is an environmentally responsible business that reuses and rents refurbished batteries derived from the EV market as portable batteries for business use, and has steadily accumulated revenue each month. As business activities have continued to progress smoothly, the business is expected to make a steady contribution in the current fiscal year as well.」
The company continues to explain that the ESG Business, which reuses and rents refurbished batteries, records revenue each month and is expected to contribute to the current fiscal year. - FY2023-Q1RestatedAnnual report
「The ESG Business, newly established in December 2021, is an environmentally responsible business that reuses and rents refurbished batteries derived from the EV market as portable batteries for business use, and has steadily accumulated revenue each month. As business activities had begun smoothly, the business was expected to make a steady contribution in the current fiscal year as well.」
The company continues to explain that the ESG Business, which reuses and rents refurbished batteries, records revenue each month and is expected to contribute to the current fiscal year. - FY2022AdvancedAnnual report
「The ESG Business, newly established in December 2021, is an environmentally responsible business that reuses and rents refurbished batteries derived from the EV market as portable batteries for business use. Although the business covered only 10 months of the consolidated fiscal year, revenue was steadily accumulated each month.」
During the 10 months since its launch, the refurbished battery reuse and rental business accumulated monthly revenue and progressed to the stage of contributing to full-year performance. - FY2022-Q3AdvancedAnnual report
「The ESG Business, newly established in December 2021, is an environmentally responsible business that reuses and rents refurbished batteries derived from the EV market as portable batteries for business use. Although it had been operating for only 7 months, monthly revenue had been recorded steadily, and revenue had also been recorded from some sales of refurbished batteries. Revenue affecting the current fiscal year was ¥118.434 million as of the end of June 2022, and the company expected ¥142.234 million including a forecast of ¥23.8 million in revenue from July onward. As business activities had begun smoothly, the business was contributing to the recovery of performance in the current fiscal year and was expected to continue contributing from the following fiscal year onward.」
Within 7 months of its launch, the ESG Business had progressed to recording monthly revenue and selling refurbished batteries. Revenue as of the end of June 2022 was ¥118.434 million, with ¥142.234 million indicated including the forecast from July onward. - FY2022-Q2AdvancedAnnual report
「The ESG Business, newly established in December 2021, is an environmentally responsible business that reuses and rents refurbished batteries derived from the EV market as portable batteries for business use. Although it had been operating for only 4 months, monthly revenue had been recorded steadily, and revenue had also been recorded from some sales of refurbished batteries. The transaction amount affecting the current fiscal year was ¥103.816 million as of the end of March 2022, and the company expected a total of ¥112.573 million including ¥8.757 million in transactions from April onward.」
The ESG Business, launched in December 2021, progressed in 4 months to recording monthly revenue and selling refurbished batteries. The transaction amount affecting the current fiscal year was ¥103.816 million as of the end of March 2022, with ¥112.573 million expected including transactions from April onward. - FY2022-Q1First statedAnnual report
「The newly established ESG Business is an environmentally responsible business that reuses and rents refurbished batteries derived from the EV market as portable batteries for business use. Although it had only just started in December 2021, the transaction amount affecting the current fiscal year was ¥69.664 million as of the end of December 2021. As business activities had begun smoothly, the business was expected to contribute to the recovery of performance in the current fiscal year.」
The ESG Business began in December 2021 and included the reuse and rental of refurbished batteries for business use and the sale and rental of air purifiers. The company reported a transaction amount of ¥69.664 million.