Announced details
Performance of automotive lithium-ion batteries maintained at approximately 80%
The recycling rate for PET bottles has exceeded 85% in recent years
The Company has existing business relationships with these parties and plans to expand collaboration with resource suppliers, partner companies, product manufacturers and downstream companies in Japan and overseas
Specific company names, locations, representatives, capitalisation, year of establishment and other details are Not disclosed
The impact on consolidated results for the current fiscal year is expected to be minor. Over the medium to long term, the Company believes this will contribute to improved profitability and a stronger business foundation. If any material impact becomes apparent, the Company will disclose it promptly.
The company does not address Contract Value / Offering price.
| Item | Details |
|---|---|
| Names of Products / Services Covered | Circular Materials Platform, Recycled aluminium resources, Recycled copper resources, Lithium-ion batteries (reuse and recycling), Recycled plastic resources |
| Counterparty | Resource suppliers in Japan and overseas, recycling companies, demolition contractors, construction- and waste-materials companies, companies generating factory offcuts, metal trading companies, partner companies, product manufacturers and downstream companies |
| Counterparty overview | Specific company names, locations, representatives, capitalisation, year of establishment and other details are Not disclosed |
| Relationship with the Company | The Company has existing business relationships with these parties and plans to expand collaboration with resource suppliers, partner companies, product manufacturers and downstream companies in Japan and overseas |
| Applicable area | Automotive Components, Industrial materials, Wire and cable, Power Infrastructure, Motor, Electronic equipment, Renewable Energy, EV-related equipment, Residential battery storage, Storage batteries for installation at construction sites, Home appliances, Electrical wires and cables |
| Quantitative Effects | Performance of automotive lithium-ion batteries maintained at approximately 80%, The recycling rate for PET bottles has exceeded 85% in recent years |
| Impact on Business Performance | The impact on consolidated results for the current fiscal year is expected to be minor. Over the medium to long term, the Company believes this will contribute to improved profitability and a stronger business foundation. If any material impact becomes apparent, the Company will disclose it promptly. |
Items this document does not state (11)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.This is against a backdrop of intensifying global competition to secure recycled resources, growing demand for mineral resources driven by the adoption of AI and decarbonisation, and the need to add value to recycled resources and secure stable supplies.