Risks Related to End-of-Life Vehicle Processing and EPR Compliance under India’s ELV Rules
First written in FY2026-H1. 2 of 3 entries say "Restated". Latest entry: FY2026.
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- FY2026RestatedAnnual report
「In India, the ELV Rules (Environment Protection (End-of-Life Vehicles) Rules, 2025) also came into force on 1 April 2025. Under the ELV Rules, automobile manufacturers are subject to extended producer responsibility (EPR) obligations regarding the disposal of end-of-life vehicles, which are fulfilled by obtaining EPR certificates from dismantlers. However, the implementation framework is still being established, and we believe it is difficult to reasonably estimate the amount of the impact at this time.」
The Company continues to recognize the risk that the implementation framework for India's ELV Rules and EPR obligations remains under development, making it impossible to reasonably estimate the amount of the impact. - 2026-05-25RestatedGeneral Meetings of Shareholders
「In India, the ELV Rules (Environment Protection (End-of-Life Vehicles) Rules, 2025) also came into force on 1 April 2025. Under the ELV Rules, automobile manufacturers are subject to extended producer responsibility (EPR) obligations concerning the disposal of end-of-life vehicles, which are fulfilled by obtaining EPR certificates from dismantlers. However, the implementation framework is still being established, and we believe it is difficult at this point to reasonably estimate the amount of the impact.」
Reiterated the risk related to EPR compliance under India's ELV Rules, noting that the implementation framework is still being established and the amount of the impact cannot be reasonably estimated. - FY2026-H1First statedAnnual report
「In India, the ELV Rules (Environment Protection (End-of-Life Vehicles) Rules, 2025) came into force on 1 April 2025. Under the ELV Rules, automobile manufacturers are subject to extended producer responsibility (EPR) obligations regarding the disposal of end-of-life vehicles, which are fulfilled by obtaining EPR certificates from dismantlers. However, an implementation framework has not yet been established, and we believe it is difficult to reasonably estimate the amount of the impact at this time.」
The ELV Rules came into force in India, imposing EPR obligations on automobile manufacturers regarding the disposal of end-of-life vehicles. This has been disclosed as a risk whose impact cannot be reasonably estimated because the implementation framework has not been established.