The NOF Group prioritizes conducting the following efforts as resource circulation initiatives.
　

1. Promotion of the sale of waste as valuable materials and internal treatment:
   We sell waste as valuable material for reuse and actively promote internal treatment.
   This promotes the efficient use of resources through the reuse and recycling of waste.
2. Reduction of waste generated by maintaining separate disposal and improving processes:
   By maintaining separate waste disposal and improving manufacturing processes, we reduce the amount of waste generated.
   This initiative prevents resources from going to waste and ensures their efficient use.
3. Ongoing search for recycling contractors and implementation of recycling:
   We continuously collaborate with recycling contractors and actively recycle waste.
   This initiative promotes the reuse of resources, efficient use of resources, and reduction of waste.
4. Reduction of landfill disposal through recycling existing waste:
   By recycling existing waste, we reduce disposal in landfills.
   Through this initiative, we are effectively utilizing resources and contributing to the reduction of waste and environmental impact.

The circular economy is an economic model that aims to create sustainable value through the efficient use of resources and the minimization of waste. It promotes reuse and recycling, reduces environmental impact, and contributes to the long-term enhancement of corporate value.

The NOF Group promotes resource recycling efforts by setting targets.
　

1. Promotion of zero emissions*1
   Zero emissions rate: 0.10% or lower annually
   We promote the sorting and recycling of waste, including hazardous waste, and minimize the generation of waste disposed of in landfills.
2. Promotion of waste plastic recycling
   Waste plastic recycling rate*2: 99% or higher annually
   (From FY2025)
   We promote waste plastic recycling to circulate and effectively utilize resources.

1. Here, this means an endeavor to make the disposal quantity of industrial waste through corporate and production activities close to zero.
   Definition of zero emissions rate: (Volume of final disposal by landfill / volume of waste, etc. generated) × 100
2. Definition of recycling rate: (Volume of waste plastics recovered through thermal, material, or chemical processing / Waste plastics generated) × 100
3. Hazardous industrial waste: Aggregated specially controlled industrial waste as defined by the Waste Management and Public Cleansing Act

In fiscal 2025, the final landfill disposal volume for the Domestic Group was 57.2 tons, for a zero emissions rate of 0.040%.

Meanwhile, NOF’s final landfill volume was 53.0 tons, with the zero emissions rate standing at 0.038%.

We will continue to promote separate collection of waste and recycling to reduce the final disposal volume by landfill.

In FY2025, the NOF Group’s waste plastic emissions decreased by 17 tons to 873 tons, and the recycling rate against the emission amount was 99%. In addition, the Domestic Group’s sales from the recycling of waste amounted to 234 million yen.

We will continue to actively sort and recycle waste plastics and also continue our recycling efforts.

At the Kawasaki Works, used stretch film and PP bands are collected, sorted, and sold to an external recycling contractor. FY2025 results were 7.8 tons of stretch film and 0.2 tons of PP bands. The transferred materials are mechanically recycled by the receiving contractor and used as raw materials for plastic bags and PP bands. Reusing waste promotes resource circulation and contributes to reducing environmental impact.

In fiscal 2025, the NOF Group generated 135,661 tons of waste, of which 111,976 tons (82.5%) were reduced through internal weight reduction measures, and 22,836 tons (16.8%) were outsourced for external treatment. The breakdown of outsourced treatment was 15,188 tons (11.2%) recycled externally, 6,604 tons (4.9%) reduced externally, and 1,043 tons (0.8%) landfilled externally, resulting in a recycling rate*1 of 12.2% of the total waste generated.

As part of our efforts toward resource circulation, we strive to improve yields through process improvements and reduce the amount of waste generated, while also promoting the conversion of waste into valuable materials and internal processing. We will also work to reduce landfill volume through recycling of existing waste, ensure thorough waste separation, and expand recycling routes for waste plastics. We will continue to actively work to promote resource circulation, reduce waste, and lessen our environmental impact.

1. Definition of recycling rate: (total amount of waste reused, recycled or thermally utilized / amount of waste generated) x 100
2. Hazardous substances: Totaled as specially controlled industrial waste under the Waste Management and Public Cleansing Act
3. Waste plastics
4. Scum: Oil residue, sludge, foam, and other solids that float on the water surface