Hino Motors Releases FY2009 Recycling Performance Based on the Automobile Recycling Law
Hino Motors Ltd. (“Hino”) has released its performance in recycling end-of-life vehicles for FY2009 (April 2008 to March 2009) based on the Automobile Recycling Law*1.
Under the Automobile Recycling Law, automakers and importers are required to collect, recycle, and properly treat three specified items, namely automobile shredder residue (ASR) generated from end-of-life vehicles, airbags, and chlorofluorocarbons (CFCs).
Hino collects and recycles these three specified items properly and efficiently by outsourcing its ASR recycling to the Toyotsu Recycle Corporation and its treatment of airbags and CFCs to Japan Auto Recycling Partnership.
The company’s performance in FY2009 resulted in 10,743 units of ASR (amount collected: 3,764.5 tons), 559 units of airbags and 3,151 units of CFCs (amount collected: 1,575.7 kg).
The recycle rate for ASR was 77%, achieving the 70% required by the legal standards for FY2016 (April 2015 to March 2016) in advance. The recycle rate for airbags was 94%, surpassing the legal standard of 85%. The 1,575.7 kg of CFCs collected were appropriately broken down.
The total cost of recycling these three specified items was 241,676,000 yen. This amount was 107,787,000 yen more than the total amount of customer deposits received from the Fund Management Institute, namely, 133,889,000 yen.
While adhering to the spirit of the Automobile Recycling Law, Hino will further promote the development of a sound material-cycle society based on the Hino Global Environment Charter established by Hino.
*1 Official name: Law for the Recycling of End-of-Life Vehicles