Developing the environmental and recycling business into a new core business
First written in FY2019. 3 of 7 entries say "Advanced", first in FY2025. Latest entry: FY2026.
Toho Zinc moved to the "Worse" side of this theme in 2020.
The whole theme swung hardest in 2024: 3 of 11 companies on the "Worse" side.
9 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Although our Group is undergoing business rehabilitation, we will continue to pursue our basic sustainability policy based on the values in our management philosophy and the Group's code of conduct. Through strengthening resource recycling and precious-metal recovery by leveraging our Group's strengths in smelting technology, and providing distinctive product value through products such as electrolytic iron, we will contribute to the realization of a sustainable society.」
Strengthening the downstream and circular economy areas, including the environmental and recycling business, continued and took concrete form as a core measure of the rehabilitation plan, including precious-metal recovery, resource recycling and the provision of value through electrolytic iron. - 2026-05-14AdvancedEarnings presentation
「Strengthening the environmental and recycling business」
Strengthening the environmental and recycling business was identified as a measure to drive earnings growth in the foundation and growth businesses. - FY2025AdvancedAnnual report
「In the environmental and recycling business, we plan to expand zinc oxide production by strengthening the collection of dust used as a raw material.」
The environmental and recycling business took concrete form as a measure to expand zinc oxide production by strengthening dust collection, positioning the business as either a downstream growth area or a foundation business. - FY2024ReframedAnnual report
「In addition to the foundation businesses, which include the zinc recycling business with one of the largest domestic market shares, involving improved production efficiency for zinc oxide made from electric arc furnace dust,」
The policy took concrete form as a reorganization that positions the lead business and zinc recycling business as foundation businesses, rather than describing the environmental and recycling business alone as the new core. - FY2023ReframedAnnual report
「We regard downstream operations as a future growth area and have established a task force to consider and advance the expansion of the recycling, electronic components and functional materials businesses, as well as their development into new businesses.」
The previous description of the environmental and recycling business alone as the new core business was reorganized into a growth strategy for the entire downstream area, including recycling, electronic components and functional materials, and new businesses. - FY2020SoftenedAnnual report
「Profit in the environmental and recycling business also declined due to lower zinc prices and other factors.」
The goal of developing the environmental and recycling business into a new core business was not reiterated in the current fiscal year, and revenue from the business declined by 11% while operating profit fell by 43%. - FY2019First statedAnnual report
「We aim to optimize our operating structure and make the environmental and recycling business our new core business.」
The goal of making the environmental and recycling business a new core business, and the optimization of the operating structure as the means of achieving it, were outlined.