The market size of the environmental sector, including the waste treatment and recycling industry, in which the TRE Group operates, is projected to expand to approximately 80 trillion yen by 2030 and reach 120 trillion yen by 2050. While this estimate confirms that the environmental sector, including the waste management industry, is undoubtedly a growth industry going forward, I feel that the capital markets have thus far been conservative in their evaluation of the waste management industry, and that there is still a gap in how the growth potential of the industry is perceived.

In addition to ensuring profitability in our business, as a leading company in the waste management industry the TRE Group must communicate the societal importance and value of the environmental sector. We must also strengthen information disclosure and communication with stakeholders to secure the proper understanding and support. With this in mind, we have set a long-term vision of becoming a WX environmental company in our Second Medium-Term Business Plan that was announced in May 2024.

WX (waste transformation) refers to the process of revolutionizing the resource cycle by overcoming the technological and economic challenges associated with waste treatment. We will contribute to the creation of a circular economy, and ultimately to the realization of an efficient recycling, carbon-neutral society. To achieve this goal, we will harness the power of co-creation, transcending the boundaries between the waste management industry, other industries, government, and academia.