The Joshin Group’s Goal of a Recycling-Based Society

The Joshin Group is currently considering two main “cycles” as part of our effort to establish a circular economy business model. The first is a scheme in which products collected from customers are dismantled by designated contractors, the recovered materials are recycled by suppliers, and these recycled raw materials are then used to manufacture and sell new products. The second is a scheme in which collected products are repaired and refurbished, then resold as reused products. Through these initiatives, the Group aims to establish circular business practices suited to the retail industry and contribute to the development of a recycling-based society.

Roadmap for a Major Action Plan for the Formation of a Recycling-Oriented Society by FY2030

Developing a resource-recycling society
Environmental sustainability in sustainability management, especially the creation of a recycling-oriented society along with climate change, is the key to our environmental initiatives. Moreover, in addition to the existing 3R (reduce, reuse, and recycle) initiatives, it is necessary to promote the circular economy from a new perspective and study how to transform it into a business model.