Resources & Environment and a Sustainable Society

「In April 2025, we invested in US-based Electra Steel Inc., which produces electrolytic iron, a raw material for green steel manufactured using methods that generate substantially lower CO₂ emissions than conventional methods. At the 9th Tokyo International Conference on African Development (TICAD 9) held in August 2025, we also signed a memorandum of understanding with the government of Namibia. We will continue to accelerate efforts to establish a sustainable, integrated supply chain centered on the wider adoption of green steel.」

「The sale of the asset has been completed. Assets held for sale recognized at the end of the consolidated fiscal year consisted of an investment held by the company in a Philippine coal-fired power generation company belonging to the Green Infrastructure Division. We decided to sell the investment in line with our policy of withdrawing early from fossil fuel projects.」

「Assets held for sale during the interim consolidated accounting period consisted of an investment held by a consolidated subsidiary of the Green Infrastructure Division in a North American gas-fired power generation company. As part of our initiatives addressing material sustainability issues, we have committed to contributing to the transition to a low-carbon society. In line with this policy, we decided to sell the investment in order to focus our business on clean energy.」

「The first lithium hydroxide manufacturing plant in Japan, which 豊通リチウム株式会社 had been constructing in Naraha, Fukushima Prefecture, was completed in November 2022.」

「To achieve a car-to-car circular economy, we will begin a nylon scrap recycling business in Vietnam in April 2023, using scrap generated during airbag production. In cooperation with Toyota Group companies in Vietnam, we aim to establish a recycling process that reduces CO2 emissions and enables low-carbon airbag production.」

「Last November, we formulated the Carbon Neutral Roadmap 2030. Renewable energy is one of its core elements, and we will continue to accelerate the expansion of this business.」

「To contribute to achieving carbon neutrality, we established Japan's first horizontal recycling system for environmentally friendly aluminum cups, covering the full cycle from introduction and collection through reuse, together with ユニバーサル製缶株式会社. We will contribute to the transition to a circular economy that recirculates and makes effective use of finite resources.」

「Toyota Tsusho Petroleum Private Limited conducted a trial supply of marine biodiesel fuel for Nippon Yusen Kabushiki Kaisha's ocean-going vessels at the Port of Singapore in June 2021, with the aim of decarbonizing the shipping industry. With a view to regular use of biofuels, we will continue efforts to transition vessels to alternative fuels.」

「To strengthen our renewable energy business, we invested in Northern Electricity Development & Investment Joint Stock Company No. 2, the operating company for Vietnam's Noi Phat Hydroelectric Power Plant, in January 2021, becoming involved in the management of an overseas hydropower business for the first time. We will work to improve hydropower operations and reduce generation costs by applying Japanese hydropower technology and expertise.」

「To stabilize and improve the efficiency of electricity supply in Egypt, we jointly undertook with Egypt's leading electrical equipment manufacturer Elsewedy Electric S.A.E. a project to upgrade distribution systems, awarded by the Egyptian Electricity Holding Company and North Cairo Electricity Distribution Company, both under Egypt's Ministry of Electricity and Renewable Energy, in November 2020. We will work on renewing and reinforcing distribution facilities toward system operation in mid-2023.」

「To support the commercialization of all-polymer batteries, the world's first next-generation lithium-ion batteries, and expand their applications in automobiles and large stationary power sources, we subscribed to a private placement by APB株式会社, which develops, manufactures and sells all-polymer batteries, and invested in the company in June 2020.」

「Assets held for sale during the consolidated fiscal year primarily consisted of investments held by consolidated subsidiaries of the Machinery, Energy & Plant Project Division in an Australian coal mining and production company and a Pakistani heavy-oil-fired power generation company. As part of our initiatives addressing material sustainability issues, we have committed to contributing to the transition to a low-carbon society. In line with this policy, we decided to sell these investments in order to focus our business on clean energy.」

「To help spread clean, affordable renewable energy and further expand its wind power business, we began commercial operations in October 2019 at a 262.5 MW wind farm in the Arab Republic of Egypt that we had been developing jointly with Euras Energy Holdings Corporation.」

「To support the development of local communities through electrification at the community level, we subscribed to a private placement by US venture company Powerhive Inc., which operates mini-grid businesses combining solar power generation systems and storage batteries in unelectrified areas of Kenya, and invested in the company in July 2019.」

「To establish a production and supply system for lithium hydroxide, we established 豊通リチウム株式会社 in Naraha, Futaba District, Fukushima Prefecture, together with Australian lithium resources developer Orocobre Limited, and signed a site agreement with the town in June 2019 in preparation for the start of production.」

「The Group made capital investments totaling ¥88,737 million, mainly in facilities related to wind power generation.」

「Together with Australian lithium resources developer Orocobre Limited and Jujuy Energy and Mining Society of the State, a mining company owned by the government of Argentina's Jujuy Province (JEMSE), we aim to establish a long-term, stable supply system for lithium, for which demand is expected to continue growing. In November 2018, we decided to expand lithium carbonate production capacity in Argentina from 17,500 tonnes per year to 42,500 tonnes per year.」

「In the Resources & Environment sector, we will focus on initiatives in businesses that contribute to the realization of a sustainable society, including renewable energy and lithium development.」

「In the Resources & Environment sector, we will focus on initiatives in businesses that contribute to the realization of a sustainable society, including renewable energy.」

「The former Earth & Resources sector has been renamed the Resources & Environment sector, and we will pursue further growth and expansion in businesses that contribute to the realization of a sustainable society, including renewable energy.」