Announced details
Automotive use, heavy equipment used at the Company's plants, formation of a circular society, carbon neutrality
Reduces CO2 emissions during production by 85% compared with the distillation method. The use of BDF contributes to a reduction of 2.6 kg of CO2 emissions per liter of diesel fuel.
Selected for 3 consecutive years
Daiseki Eco Solution Co., Ltd. is a subsidiary of the Company. The Company and Sumitomo Mitsui Trust Panasonic Finance Co., Ltd. are jointly considering demonstration testing to promote the use of BDF in automobiles and the establishment of a business structure. The Company was selected by Aichi Prefecture for its subsidy program.
Aichi Prefecture is a local government that has established a subsidy program for promoting the formation of a circular society. The location, representative, business activities, capital, and year of establishment of Sumitomo Mitsui Trust Panasonic Finance Co., Ltd. are not disclosed.
Selection for the FY2026 Aichi Prefecture Subsidy Program for Promoting the Formation of a Circular Society
Aichi Prefecture
Inside the factory at the Company's Nagoya plant
In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.
| Item | Details |
|---|---|
| Names of Products / Services Covered | Biodiesel fuel (BDF) derived from waste cooking oil |
| Counterparty | Aichi Prefecture, Sumitomo Mitsui Trust Panasonic Finance Co., Ltd. |
| Counterparty overview | Aichi Prefecture is a local government that has established a subsidy program for promoting the formation of a circular society. The location, representative, business activities, capital, and year of establishment of Sumitomo Mitsui Trust Panasonic Finance Co., Ltd. are not disclosed. |
| Relationship with the Company | Daiseki Eco Solution Co., Ltd. is a subsidiary of the Company. The Company and Sumitomo Mitsui Trust Panasonic Finance Co., Ltd. are jointly considering demonstration testing to promote the use of BDF in automobiles and the establishment of a business structure. The Company was selected by Aichi Prefecture for its subsidy program. |
| Applicable area | Automotive use, heavy equipment used at the Company's plants, formation of a circular society, carbon neutrality |
| Award/certification name | Selection for the FY2026 Aichi Prefecture Subsidy Program for Promoting the Formation of a Circular Society |
| Awarding / certifying body | Aichi Prefecture |
| Location | Inside the factory at the Company's Nagoya plant |
| Quantitative Effects | Reduces CO2 emissions during production by 85% compared with the distillation method. The use of BDF contributes to a reduction of 2.6 kg of CO2 emissions per liter of diesel fuel. |
| Usage history | Selected for 3 consecutive years |
Items this document does not state (8)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.As part of Aichi Prefecture's project for promoting the formation of a circular society, the initiative aims to reduce greenhouse gas emissions through the use of BDF, promote the reuse and extended service life of heavy equipment engines, and establish a practical operating model for the wider adoption of BDF.