TRE HOLDINGS CORPORATION was established in October 2021 through the integration of TAKEEI CORPORATION and REVER HOLDINGS CORPORATION (currently REVER CORPORATION), based on a spirit of equal partnership. At the time of the integration, both companies were major players in the waste treatment and recycling industry (waste management companies) listed on the Tokyo Stock Exchange. Each had an established presence in the industry, with TAKEEI known for its industrial waste treatment and REVER for its metal recycling.
While pursuing growth independently was an option for both companies, the respective management teams opted to integrate their business operations. This management decision was driven by a shared vision of creating an efficient recycling and carbon-neutral society by pursuing overall optimization to achieve a sustainable society, rather than simply pursuing the growth of each company alone. The two companies also shared a strong sense of mission to transform Japan’s waste management industry.

In order to achieve this shift to a circular economy, coordination between the manufacturing industry and the waste treatment and recycling industry is vital. However, there was one issue that hindered this cross-industrial collaboration — the fact that operations in the waste management industry were relatively small in scale.Compared to the manufacturing industry, companies in the waste management industry tended to be smaller in terms of financial capital, human resources, technological capabilities, and the size of their facilities, which meant that they were unable to build an equal relationship with their counterparts in the manufacturing industry.
In order to overcome this challenge and accelerate Japan’s shift to a circular economy in tandem with companies in the manufacturing industry, we believed that the best solution was an integration between two companies that shared the same vision and in which both companies would invest capital to increase the size of the company and strengthen its operations. I believe that our constructive ambition to create a better waste management industry is the driving force behind TRE’s value creation, and will enable us to help solve societal challenges.

Considering the seriousness of environmental issues such as climate change as well as resource and energy problems, we believe that the transition to a circular economy must be implemented with a greater sense of speed. At TRE, we have created a new five-year Medium-Term Business Plan, which began in April 2024. Under this new business plan, we intend to make concerted efforts to push our strategy forward as quickly as possible.