Pursuing Circular Economy Businesses
First written in FY2021. 4 of 5 entries say "Advanced", first in FY2023. Latest entry: FY2026.
The whole theme swung hardest in 2025: 4 of 21 companies on the "Worse" side.
10 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Creation of circular economy business models/products: cumulative total of 15 businesses / (cumulative total of 16 businesses) Cumulative total of 17 businesses (fiscal 2028)」
For the circular economy, the targets were updated to 15 businesses for fiscal 2025, a cumulative total of 17 businesses for fiscal 2028, and fiscal 2028 targets of 22,000 tons of recycled resin and 2,500 tons of recycled iron. - FY2025AdvancedAnnual report
「The revised content is as shown in the table below. …Promotion of the circular economy …Use of recycled resin (fiscal 2025): 25,000 tons …Number of circular economy business models: cumulative total of 16 businesses (fiscal 2025)」
The circular economy initiative was updated with new metrics and targets of 25,000 tons of recycled resin and a cumulative total of 16 CE business models for fiscal 2025. A factory waste recycling rate of 99.4% was also disclosed as the fiscal 2024 result. - FY2024AdvancedAnnual report
「In the GREEN IMPACT PLAN 2024, in addition to setting decarbonization targets, we set targets contributing to the realization of a circular economy: maintaining a factory waste recycling rate of at least 99%, using a cumulative total of 90,000 tons of recycled resin over 3 years from 2022 to 2024, and creating a cumulative total of 13 CE business models by 2024. Furthermore, …in December 2023, we formulated the "Circular Economy Group Policy."」
The circular economy initiative advanced to 2024 targets of a recycling rate of at least 99%, 90,000 tons of recycled resin and 13 CE business models, as well as the formulation of a Group policy in December 2023. - FY2023AdvancedAnnual report
「In GIP2024, in addition to the 3 impacts, we set targets for creating circular economy (CE) business models and advancing circular manufacturing, taking into account the momentum toward a circular economy in Europe.」
The pursuit of circular economy business models advanced to the setting of targets for CE business models and circular manufacturing under the environmental action plan through 2024. - FY2021First statedAnnual report
「In working toward carbon neutrality, we recognize that the effective use of resources, together with energy, is an important issue, and are pursuing circular economy business models suited to changes in customers' lifestyles and values.」
We explicitly stated for the first time that we would pursue circular economy business models as a means of using resources effectively in the effort to achieve carbon neutrality.