Table of Contents /Editorial Policy

Corporate Vision

Message from thePresident

GlobalTrading Business

A History ofValue Creation

Sustainability
StrategyAction Plan

Resource Circulation
Business

Global Trading
Business

Lithium-ion Battery
Recycling Business

ESG Initiatives

Corporate Data

The creation of new business on a global scale

02

Globally distributing and selling resourcesbiomass fuel, waste paper and used clothes▼ FY2020 export volume

NEWSCON Inc. was established in April 2020, succeeding theGlobal Resource Circulation Business of ECONECOL Inc. To playa role in the circular economy, the company supports theexpansion of the Global Trading Business of the ENVIPRO Group.
The NEWSCON name incorporates the idea of "the creation ofnew business on a global scale". The company will create uniquevalue to become "a company that brings the world closer to us".

Main business activities of NEWSCON Inc.
Domestic and overseasof ferrous raw
01 salesmaterials
Domestic sales ofbiomass fuels

Processing and supply

nonferrous raw
02 ofmaterials

04

International distribution ofwaste paper, used clothes,waste plastics, etc.

Value & Vision
Under a philosophy of "The creation of new business ona global scale," the company will play a role in expanding
the overseas business of the group, and will contributeto achieving a global circular economy society.

511,000
9,000
10,000Ferrous
scrap
Waste
paper

Biomass

tons

Used
clothes

tons

27,0002,000

Nonferrous
metalstons

tons

sediment sludge; mixed metals; etc.)

03

tons

and overseas sales of
01 Domestic
ferrous raw materials
NEWSCON Inc. collects ferrous scrap at ports around Japan, controls quality
according to customer requirements, and sells the scrap to steel mills (blastfurnaces and electric furnaces) in Japan and overseas. With the expansion ofsteel demand in Vietnam and elsewhere in Southeast and Southwest Asia,
the company is increasing the amount collected by establishing andexpanding stockyards in Japan. As logistics methods for transport diversify,
the company will makeactive use of large andsmall bulk ships andcontainer transport, willbuild a sales structure
covering Japan,
neighboring Asia, anddistant regions, and will
engage in the sale ofsteel resources around
Steelmaking raw materials (ferrous scrap, etc.)
the world.

Processing and supply of nonferrous
raw materials
Nonferrous metals contained in scrap materials are shredded and sorted
at the recycling plants of ENVIPRO Group companies, and are processedand supplied as nonferrous scrap of quality that meets the needs of majordomestic and overseas nonferrous smelters and secondary alloy
manufacturers. NEWSCON also makes use of its stockyard functions andoverseas network to collect nonferrous scrap such as aluminum andstainless steel. To supply copper,aluminum, and precious metals,
in recent years the company has
engaged in import and trilateral
trading of electronic scrap (circuitboards, etc.) from Europe andother locations, and isundertaking expansion into theNonferrous raw materials (aluminum;
European market.
stainless steel; gold, silver & copper

including ferrous scrap, nonferrous metals,

03

Other Business

Domestic sales of fuels
NEWSCON sells palm kernel shell (PKS) to Japan as a fuel for biomass
power plants. This fuel is attracting attention as a renewable fuel. Demandis expected to grow, particularly in Japan. The company has PKS collection
bases in Malaysia. By thoroughly removing foreign matter and controlling
moisture, it maintains the quality demanded by consumers and offers astable supply. The company plans to
expand its handling of PKS along withwood pellets, new fuels, and otherproduct types.
PKS

04

Wood pellets

International distribution of waste paper,
used clothes, waste plastics, etc.
NEWSCON exports waste paper as a raw material for paper mills and usedclothes as a reuse product. It also sells miscellaneous goods including
apparel from Japan and hygiene products aimed at growing cross-border
e-commerce markets. The company also sells waste plastics, which havecome under attention in recent years, to partners in Japan and Asia inorder to establish
optimal recyclingflows. These aremainly plastics fromhome appliances.
Waste paper
Used clothes
Waste plastics

17

Table of Contents /Editorial Policy

Corporate Vision

Message from thePresident

GlobalTrading Business

A History ofValue Creation

Sustainability
Strategy

Action Plan

Resource Circulation
Business

Global Trading
Business

Lithium-ion Battery
Recycling Business

Other Business

ESG Initiatives

Corporate Data

Promoting collaboration with regions, companies,and people around the world

Workplace introduction
Vietnam Representative Office

Europe Representative Office

Most ferrous scrap, an important recycled resource, is consumed as a raw
material by Vietnamese steel makers to be reborn as new steel finished goods.
Not only ferrous scrap but also nonferrous metals, waste paper, plastics, andother recycled resources from Japan find their way overseas. In 2015, NEWSCON
set up a representative office in Ho Chi Minh in Vietnam, and is steadily increasing
the amount of materials it handles. It plans to export to Vietnam from Japan as well
as from Europe, North America, and many other regions. It views Vietnam not as
the end point of Japan's resource recycling but as the starting point of therecycling business, and plans to establish a local corporation and collaborate withlocal companies to further develop a business with roots in Vietnam.

This office mainly collects mixed metals, including
nonferrous metals and precious metals. It currently ships to
Asian countries and Japan, and is developing activities toperform collection and sales in Europe in the future. It
sends out information on a daily basis, including on
incidents in Europe related to the businesses ofNEWSCON Inc. and the ENVIPRO Group, leading
European environmental policies, and the latest recycling
business models.

Interview with overseas
human resources

Nguyen Pham Dieu Linh

Le Van Hai

Liku Kouketsu

Ho Chi Minh Representative Office

Ho Chi Minh Representative Office

Tokyo head office

Joined: 2017

Joined: 2020

Joined: 2019

I've been working at the Vietnam HCMC Representative Officesince 2017, focusing on daily administrative work and engaging
in communication with Vietnamese customers and Japanesestaff. I had no experience in the field of scrap until I joined thecompany; my only strength was practical experience indocument creation and office work. In the workplace, managers
and the office head in particular have created a great working
environment for honing skills. I'm learning a lot about the scrap
business and the field of trading. I consider it an honor tocontribute to the prosperity of the company. I'm focusing on
improving my Japanese skills to improve support andcommunication with Japanese staff. I'm now working from home
due to the COVID-19 pandemic, but am making efforts toimprove means of communication and work efficiently.

I began my career as a domestic-market salesman at a Koreancompany. That's where I first learned about the steel market andimproved my foreign language skills. Demand for steel is very
high in Vietnam, so I decided to take this job as an opportunity tocontinue down a path in the steel business. Although I had noexperience in international trade, I was put in charge ofimport/export work and gained a lot of knowledge in that field.
This gave me a multifaceted understanding of the steel industry
and its giant companies. I joined the company in 2020. Workingwith products such as iron, plastics, paper waste, and aluminum,I've been able to gain more knowledge of international businessalong with opportunities to work with enthusiastic and energetic
colleagues. I am confident that by working hard and always
learning, I can make further contributions to the development ofthe company.

My main work is arranging bulk carriers for exporting ferrous
scrap overseas. I work with shipping companies to find shipsthat meet shipping date, quantity, and other conditions for ourferrous scrap, negotiate charges, and deal with troubles thatcrop up after the ship sails. This is my first time to be involved in
the ferrous scrap trading business, but I feel that a lot of senior
employees are giving me kind support and are watching over mygrowth. I'm also in charge of exporting miscellaneous goods toChina by air, inspecting clothes, sneakers, toys, and otherexported items collected from all over Japan, accompanying
loading work, and managing deposits and withdrawals. In thefuture, I hope to utilize my Chinese language skills to develop
marketing in China and create new businesses.

18Table of Contents /Editorial PolicyCorporate Vision

Message from thePresident

GlobalTrading Business

A History ofValue Creation

Sustainability
Strategy

Resource Circulation
Business

Action Plan

Global Trading
Business

Lithium-ion Battery
Recycling Business

Other Business

ESG Initiatives

Corporate Data

Cross-border circulation of resources through the reuse of used cars
distribution of used cars
01 Internationaland maintenance parts

Distributing used cars and maintenance parts

3WM Co., Ltd. engages globally in the reuse of used cars and other usedproducts, contributing to the effective use of resources through its business.
The company exports used cars, trucks, heavy machinery, and othervehicles, as well as select high-quality engine and other parts, from Japan toCentral and South America, the Middle East, and Southeast Asia. With
distribution and sales bases in Chile and the UAE, the company has earned
the trust of local customers through sales and service rooted in localcommunities. In addition to acting as an agent for logistics work such as
shipping arrangements and export customs declarations, the company isdeveloping a truck purchase site and a camper rental business aimed atgeneral consumers in Japan.

internationally to promote reuse on a global scaleglobal-scale reuse through02 Promoting
trilateral trade
As used cars and used automobile parts decline domestically in recent years,
3WM is strengthening its handling of products from overseas and isdeveloping a global-scale reuse business through trilateral trade. By
promoting the efficient use of limited physical and energy resources, it willcontribute to the achievement of a sustainable society while aiding economic
development and improvement of livelihoods in importing countries.

Main business activities of 3WM Co., Ltd.
Export of and trilateral trade incars, trucks, heavy
01 usedmachinery, and maintenance parts● International distribution of used cars and maintenance parts

car maintenance business
02 Used(overseas)(Luxury cars)

03 Logistics agency business

rental business
04 Camper(domestic)

JapanMiddle East (UAE)

Kenya

Bangladesh
Thailand Vietnam Philippines
Cambodia
Malaysia
Singapore

Trinidad and Tobago
Export from Chile toneighboring countries

Indonesia

Value & Vision

Singapore → Chile

Southeast Asia

Promoting the efficient use of material and energy
resources and contributing to a sustainable society and to
the improvement of local economies worldwide.

New Zealand

LegendUsed cars
Trucks

Maintenance parts
Heavy machinery

UAE → Chile
Japan → Chile

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