Development of a battery recycling business for lithium-ion secondary batteries and other batteries
First written in FY2018-Q2. 23 of 33 entries say "Advanced", first in FY2018-Q3. Latest entry: FY2026.
1 other company's latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「As a result, revenue from the lithium-ion battery recycling business was ¥2,641 million, up 55.9% from the previous fiscal year, and segment profit was ¥704 million, up 215.2%.」
Following the start of full-scale operations at the Ibaraki plant, volumes handled increased, mainly through contract-processing projects, and the battery recycling business expanded to revenue of ¥2,641 million and segment profit of ¥704 million. A ¥4 billion investment plan for a black mass plant has also been presented. - FY2026-H1AdvancedAnnual report
「In addition to an upward trend in market prices for lithium and cobalt used in battery materials, increased volumes handled, mainly through contract-processing projects, resulted in higher revenue and profit year on year. We will continue working to expand our domestic market share while making proactive capital investments for future growth. As a result, revenue from the lithium-ion battery recycling business was ¥1,179 million, up 45.2% year on year, and segment profit was ¥289 million, up 205.8%.」
The battery recycling business increased volumes handled, mainly through contract-processing projects, bringing revenue to ¥1,179 million and segment profit to ¥289 million. The company continues to target expansion of its domestic market share and future capital investment. - FY2025-H1AdvancedAnnual report
「Although market prices for rare metals used in battery materials remained below the year-earlier period, the start of full-scale operations at the Ibaraki plant and increased volumes handled under contract processing resulted in production exceeding the year-earlier period and higher revenue. However, fixed costs increased with the start-up of the new plant, and profit declined. We will continue making proactive investments to expand our share of the domestic market.」
The Ibaraki plant began full-scale operations, and volumes handled under contract processing and production exceeded the year-earlier period. Revenue increased to ¥812 million, while segment profit fell to ¥94 million due to higher fixed costs at the new plant and weak rare-metal prices. - FY2024WorsenedAnnual report
「Volumes handled increased through proactive sales efforts amid weak demand for battery materials. However, market prices remained weak as supply and demand for rare metals used in battery materials eased. As a result, revenue from the lithium-ion battery recycling business was ¥1,570 million, down 4.0% from the previous fiscal year, and segment profit was ¥218 million, down 62.0%.」
Volumes handled increased through proactive sales efforts, while weak rare-metal prices reduced revenue and segment profit. The Ibaraki plant is scheduled for completion in December 2025, and a separate ¥2,400 million plan for a black mass plant has also been presented. - FY2024-Q3WorsenedAnnual report
「Volumes handled increased through proactive sales efforts amid weak demand for battery materials. However, market prices remained weak as supply and demand for rare metals used in battery materials eased. As a result, revenue from the lithium-ion battery recycling business was ¥1,195 million, down 8.1% year on year, and segment profit was ¥170 million, down 65.5%. We will continue preparations for the Ibaraki plant, scheduled to begin operations in June 2024.」
The battery recycling business increased volumes handled through proactive sales efforts, but revenue was ¥1,195 million and segment profit was ¥170 million due to weak rare-metal prices, with profit down 65.5% year on year. Preparations for the Ibaraki plant, scheduled to begin operations in June 2024, are continuing. - FY2024-Q2Profit declined amid weak market prices; preparations for the Ibaraki plant continuedAnnual report
「Volumes handled increased amid continued firm demand for battery materials. However, market prices for cobalt, nickel and lithium, which are battery materials, remained weak. As a result, revenue from the lithium-ion battery recycling business was ¥718 million, down 7.4% year on year, and segment profit was ¥132 million, down 54.2%. We will continue preparations for the Ibaraki plant, scheduled to begin operations in June 2024.」
Volumes of battery materials handled increased, but revenue and segment profit fell below the year-earlier period due to weak market prices for cobalt, nickel and lithium. Preparations for the Ibaraki plant, scheduled to begin operations in June 2024, are continuing. - FY2024-Q1AdvancedAnnual report
「We will continue preparations for the Ibaraki plant, scheduled to begin operations in June 2024.」
The battery recycling business progressed to the preparation stage for the Ibaraki plant, scheduled to begin operations in June 2024. However, segment profit fell 22.2% year on year to ¥81 million due to weak rare-metal prices. - FY2023-Q3AdvancedAnnual report
「At our consolidated subsidiary VOLTA Co., Ltd., we acquired land and buildings for ¥848 million in Hitachinaka, Ibaraki Prefecture, in the Kanto region, where factories for lithium-ion battery-related manufacturers are planned, as a new site to achieve the 14,000-ton lithium-ion battery processing capacity targeted in the medium-term management plan through the fiscal year ending June 2027.」
In the battery recycling business, the company acquired land and buildings for ¥848 million in Hitachinaka, Ibaraki Prefecture, for a new site, toward the target of processing capacity of 14,000 tons by the fiscal year ending June 2027. Preparations for operations beginning in April 2024 and development of hydrometallurgical technology are also continuing. - FY2023-Q2AdvancedAnnual report
「Amid continued firm demand for battery materials, cobalt, nickel and copper prices remained above the year-earlier period, helped by the weaker yen. In addition, higher lithium prices improved profitability. The improvement in equipment utilization increased productivity, which boosted volumes handled and resulted in higher revenue and profit. As a result, revenue from the lithium-ion battery recycling business was ¥775 million, up 106.1% year on year, and segment profit was ¥288 million, up 211.1%. We will continue expanding battery-processing capacity and developing hydrometallurgical technology.」
Equipment utilization and productivity improved in the battery recycling business, which generated revenue of ¥775 million and segment profit of ¥288 million. The company continues to expand battery-processing capacity and develop hydrometallurgical technology. - FY2023-Q1AdvancedAnnual report
「The electrode-sheet recycling line at the new plant in Fuji, Shizuoka Prefecture, also commenced operations. The Company will continue expanding the new plant's equipment. As a result, sales in the lithium-ion battery recycling business were ¥326 million, up 122.3% year on year, and segment profit was ¥104 million, up 452.6%.」
The electrode-sheet recycling line at the new plant in Fuji commenced operations, and equipment expansion is continuing. Sales were ¥326 million and segment profit was ¥104 million, indicating further progress toward commercialization, including in terms of profitability. - FY2022AdvancedAnnual report
「In addition to the existing black mass production plant, the Company plans to expand production capacity by constructing several new plants. It will work to secure collection volumes of lithium-ion batteries for processing, establish safe and efficient manufacturing processes, and secure personnel with expertise in chemistry.」
The plan expanded to include construction of multiple plants in addition to the existing black mass plant, securing collection volumes, safe manufacturing and specialized personnel. In addition, the Company presented a closed-loop concept including a hydrometallurgical plant and precursor production from 2025 onward, as well as a black mass plant plan totaling ¥2.4 billion. - FY2022-Q3AdvancedAnnual report
「The volume handled increased through procurement from major battery manufacturers and others and contracted processing of waste batteries under the waste disposal permit. In addition, cobalt, nickel and copper prices remained above the previous-year level, improving the profitability of resource recycling. Depreciation and amortization also decreased due to impairment losses on fixed assets in the previous consolidated fiscal year, resulting in higher sales and profit. As a result, sales in the lithium-ion battery recycling business were ¥785 million, up 304.2% year on year, and segment profit was ¥249 million, compared with a segment loss of ¥104 million in the same period of the previous year.」
Procurement from major battery manufacturers and others, contracted processing under the waste disposal permit and higher metal prices improved the volume handled and profitability, and the battery recycling business turned from a loss in the previous year into a profit of ¥249 million. - FY2022-Q2AdvancedAnnual report
「In addition to rising cobalt, nickel and copper prices, procurement from major battery manufacturers and others and contracted processing of waste batteries under the waste disposal permit increased the volume handled. Depreciation and amortization also decreased due to impairment losses on fixed assets in the previous consolidated fiscal year, resulting in higher sales and profit. As a result, sales in the lithium-ion battery recycling business were ¥376 million, up 199.9% year on year, and segment profit was ¥92 million, compared with a segment loss of ¥80 million in the same period of the previous year.」
The volume handled increased through procurement from major battery manufacturers and others and contracted processing under the waste disposal permit. Sales rose 199.9% year on year, and segment profit turned from a loss into a profit of ¥92 million. - FY2022-Q1AdvancedAnnual report
「In addition to stable cobalt, nickel and copper prices, procurement from major battery manufacturers and others and contracted processing of waste batteries under the waste disposal permit increased the volume handled. Depreciation and amortization also decreased due to impairment losses on fixed assets in the previous consolidated fiscal year, resulting in higher sales and profit. As a result, sales in the lithium-ion battery recycling business were ¥147 million, up 133.7% year on year, and segment profit was ¥18 million, compared with a segment loss of ¥37 million in the same period of the previous year.」
The volume handled increased through procurement from major battery manufacturers and others and contracted processing under the waste disposal permit. Sales rose 133.7% year on year, and segment profit turned from a loss into a profit of ¥18 million. - FY2021AdvancedAnnual report
「Construction of a recycling system, including the planned start-up of a hydrometallurgical plant from 2025 onward and subsequent precursor production, will require substantial investment. The Company will work to expand its business domain while exploring all possibilities, including capital and business alliances with other companies.」
The Company positioned battery recycling as a pillar of its growth strategy, and its plans became more concrete through consideration of a hydrometallurgical plant from 2025 onward, construction of a system including precursor production, and capital and business alliances. Annual sales were ¥356 million and the segment loss was ¥80 million, with the segment becoming profitable in the fourth-quarter consolidated accounting period. - FY2021-Q3AdvancedAnnual report
「Although costs continue to be incurred ahead of revenue in the new business involving the recycling of lithium-ion secondary batteries and other batteries, progress was made through the conclusion of procurement contracts with major battery manufacturers and contracted processing of waste batteries under the waste disposal permit. The Company will continue to invest resources actively to establish this business as a pillar of its growth strategy.」
While costs continue to be incurred ahead of revenue, progress was made in concluding procurement contracts with major battery manufacturers and securing contracted processing of waste batteries under the waste disposal permit. In addition, impairment losses on equipment and other assets were recognized following a review of the earnings plan to make it more realistic. - FY2021-Q2AdvancedAnnual report
「In the new business involving the recycling of lithium-ion secondary batteries and other batteries, costs were incurred ahead of revenue, but progress was made through procurement contracts with major battery manufacturers and contracted processing of waste batteries under the waste disposal permit. The Company will continue to invest resources actively to establish this business as its next growth pillar.」
Progress in procurement contracts with major battery manufacturers and contracted processing of waste batteries under the waste disposal permit demonstrated concrete progress in the business despite costs being incurred ahead of operations. - FY2021-Q1AdvancedAnnual report
「In the new business involving the recycling of lithium-ion secondary batteries and other batteries, costs were incurred ahead of revenue, but progress was made by securing procurement from major EV battery manufacturers and processing volumes under a waste disposal permit obtained in July. The Company will continue to invest resources actively to establish this business as its next earnings pillar.」
Concrete progress was made despite costs being incurred ahead of operations, through procurement from major EV battery manufacturers, use of the waste disposal permit obtained in July and securing processing volumes. - FY2020-Q3RestatedAnnual report
「We will continue working to increase the volume of resources handled and launch new businesses.」
The Company continues to launch new businesses, including the battery recycling business. Although higher fixed costs related to recycling lithium-ion secondary batteries and other batteries are weighing on earnings, no further change in the planned operating schedule was disclosed this quarter. - FY2020-Q2SoftenedAnnual report
「In the new business of recycling lithium-ion secondary batteries and other materials, processing facilities did not begin operating until the third quarter or later, so costs were incurred ahead of revenue and pressured profitability.」
The planned start of operations at the battery recycling processing facility was postponed from the second quarter or later to the third quarter or later. Costs incurred ahead of operations were also disclosed. - FY2020-Q1Operations and costs scheduled from the second quarter onwardAnnual report
「In the new business of recycling lithium-ion secondary batteries and other materials, the processing facilities did not begin operating until the second quarter or later, so costs were incurred ahead of revenue.」
Operations at the battery recycling processing facility were scheduled to begin in or after the second quarter. Fixed costs and start-up costs were incurred ahead of operations. - FY2019-Q3Pilot plant completion target specified and fixed costs incurred ahead of revenueAnnual report
「In the new businesses, the battery recycling business for lithium-ion secondary batteries and other batteries is targeting completion of the pilot plant by the end of the fiscal year, with fixed costs incurred ahead of revenue.」
VOLTA's battery recycling business was at the stage of aiming to complete the pilot plant by the end of the current fiscal year, with fixed costs being incurred ahead of completion. - FY2019-Q2AdvancedAnnual report
「In the new businesses, the equipment for 株式会社ＶＯＬＴＡ’s recycling business for lithium-ion secondary batteries and other batteries is approaching the point of becoming operational, and the Group will continue to work actively toward early commencement of operations.」
VOLTA's battery recycling business progressed from the previous quarter, when equipment installation delays were reported, to a stage where the outlook for commencing operations was becoming clearer. - FY2019-Q1Postponement of equipment installationAnnual report
「At VOLTA in particular, equipment installation was delayed beyond expectations, but the Company engaged in active sales activities and focused on securing raw materials with a view to early monetization.」
While VOLTA's equipment installation is behind schedule, it continues sales activities and efforts to secure raw materials with a view to early monetization. - FY2018AdvancedAnnual report
「VOLTA Co., Ltd. Head Office Plant (Fujinomiya, Shizuoka Prefecture) Battery calcination, crushing and sorting equipment, etc. ¥480 million March 2018 September 2018」
Following the establishment of VOLTA, the Company presented an investment plan of ¥480 million for battery calcination, crushing and sorting equipment, advancing the battery recycling business to the equipment installation stage. It also set out equipment plans of ¥1.5 billion each for the Kanto and Kansai plants. - FY2018-Q3AdvancedAnnual report
「During the consolidated accounting period of the third quarter, the Company newly established 株式会社ＶＯＬＴＡ to recycle lithium-ion secondary batteries, for which demand is expected to grow with the spread of electric vehicles, stationary storage batteries and other products, and to recover useful metals.」
The incorporation of VOLTA was completed and the company was included in the scope of consolidation. Development of the battery recycling business, anticipating the spread of electric vehicles and stationary storage batteries, progressed from the preparation stage to the establishment of an operating company. - FY2018-Q2First statedAnnual report
「The Group made active investments and advanced preparations to establish new sources of earnings, including the establishment of 株式会社プラ２プラ, a joint venture engaged in the production and sale of recycled plastics, and preparations for establishing 株式会社VOLTA, which will operate a battery recycling business for lithium-ion secondary batteries and other batteries.」
The Company first stated its policy of developing a business to recycle lithium-ion secondary batteries and recover useful metals as a new source of revenue. The incorporation of VOLTA Co., Ltd. was completed with capital of ¥200 million on 10 January 2018, with the Company holding 100% of the shares.