Circular Economy Division
Mission
Delivering a better environment and new affluence to future generations, by designing a new style of resources recycling
Business Model Based on Mission
In the mobility area, this division will focus on building a global supply chain of local production for local consumption to ensure a stable supply of metal materials and components for batteries and motors, demand for which is increasing in line with mobility electrification. In addition, we are building a car-to-car recycling system that covers not only conventional internal combustion vehicles but also electrified vehicles, from collection and proper disposal of end-of-life vehicles to recycling.
In the Economy of Life (EoL) domain, the division will focus on promoting raw material recycling and raw material conversion, as well as product recycling, particularly regarding the sale of raw materials and products for detergents, sanitary products, packaging, and coatings, for which the company possesses a strong sales network, and manufacturing business operations related to such. Regarding the production of the important resource of iodine, of which the company has the largest share in the global market, the division is strengthening its value chains through activities such as the manufacture and sale of iodine compounds.
| Business Overview | |
|---|---|
| Resources Development | Development of critical metals (essential metals) essential for electrification and rare inorganic resources essential for daily life and the operation of intermediate products manufacturing businesses |
| E-Mobility Supply Chain | Expansion of the supply chain for materials and components related to electrification and the operation of the sales, processing, and distribution businesses for nonferrous and other metals and products essential to social infrastructure |
| Resources Recycling | Providing integrated functions from material supply to recycled resource collection, recycling, and production of recycled materials to support new sustainable manufacturing focused on resource circulation |
| Sustainable Materials | Sales of raw materials and products for detergents, sanitary materials, packaging, and coatings that are essential for daily life, with the operation of manufacturing businesses, as well as operation and promotion of bio-chemical handling/plastic recycling businesses, to realize a sustainable society |
| Market Environment |
|---|
| As the transition to a decarbonized society and demands for resources recycling and decarbonization increase, and with response to these demands becoming an essential requirement for business continuity, customers have high expectations for the global expansion of integrated “arterial” and “venous” businesses, which represent one of our division’s strengths. At the same time, there is a need for business continuity plans (BCP) that anticipate natural disasters and geopolitical risks as well as responses to business changes such as mobility reforms. Expanding needs for optimal building functions for each region are also expected. |
Data
| 2024/3 | 2025/3(forecast) | |
|---|---|---|
| Gross Profit | 105.3 billion yen | 125.0 billion yen |
| Profit for the Year Attributable to Owners of the Parent | 50.0 billion yen | 51.0 billion yen |
| 2024/3 | |
|---|---|
| Total Assets | 914.5 billion yen |
| ROA | 5.47% |
Business Examples
Resources Recycling SBU
Operation of businesses that collect, sort, and recycle end-of-life vehicles and a variety of other waste and that manufacture and sell recycled materials
Manufactures recycled molten aluminum and ingots from scrap aluminum generated from waste
Resources Development SBU
Develops lithium, one of the main raw materials for batteries, and produces intermediate products
Develops iodine, a chemical that is indispensable for daily life as a disinfectant and raw material, for X-ray contrast media and produces intermediate products
Sustainable Materials SBU
Manufactures recycled pellets for PET bottles from used PET bottles collected in cooperation with municipalities and businesses
Manufactures and sells detergents, soaps, toiletries, cosmetics, and quasi-drugs essential for daily life
E-Mobility Supply Chain SBU
Participates in an automotive battery manufacturing business to meet the growing demand for electrified vehicles in North America
Processes and distributes the various materials constituting batteries and manufactures and sells battery parts
