Hino Motors releases its FY2006 ELV recycling performance based on the Automobile Recycling Law

Hino Motors Ltd. (“Hino”) has released its performance in the recycling and treatment of ELVs in FY2006 (April 2006 – March 2007) based on the Automobile Recycling Law*1.

The law stipulates the obligation of automakers and others for the acceptance, recycling and proper disposition of three items, namely, automobile shredder residue (ASR), airbags and chlorofluorocarbons (CFCs) generated by ELVs.
Hino is promoting the appropriate and effective treatment and recycling of these three items by consigning ASR to Toyotsu Recycling Corporation and the treatment of airbags and CFCs to the Japan Auto Recycling Partnership (a limited liability intermediary corporation).

The company’s performance in FY2006 indicates 10,403 units of ASR (accepted volume: 3,384.9 tons), 169 units of airbags and 2,811 units of CFCs (accepted volume: 1201.8kg).
The recycling rate for ASR was 65%, achieving the 30% statutory standard for FY2006. In addition, the recycling rate for airbags was 95%, a level exceeding the 85% statutory standard. The 1201.8kg of accepted CFCs were subjected to appropriate breakdown treatment.

Moreover, the total amount of expenses required for recycling these three specified items was 223,237,000 yen while the total amount of deposits received from the Fund Management Institution was 117,784,000 yen, posting a net loss overall of 105,453,000 yen.

Hino will continue its efforts to effectively promote automobile recycling with the aim of realizing a recycling society based on the spirit of the Automobile Recycling Law and the Hino Global Environment Charter.

*1 Formal name: Law for the Recycling of End-of-Life Vehicles