Regarding the formulation of a carbon-free management declaration by our company and the loan agreement with Hyakugo Bank for the expansion of coating equipment.

Supporting Hyakugo Bank in achieving carbon-free management and expanding its coating equipment

We have received support from the Hyakugo Bank, which supports the realization of carbon-free management, in formulating a carbon-free management declaration, and at the same time, we have concluded a loan agreement for the installation of additional coating equipment at our Coating Division in Mie.

The expansion of this coating equipment is in response to increased production of electrified parts for use in electric vehicles (PHEVs), which contribute to reducing GHG emissions.

This agreement was also introduced in the Hyakugo Bank's news release, so please take a look.

▶Hyakugo Bank News Release
March 21, 2024 (PDF)