Company: SEAH
Filing Date: 2025-11-24
Form Type: F-1/A
Source: 0001213900-25-113788
Chunk: 84

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-11-24
Form: F-1/A
Chunk 84
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 added in Japan will continue to rise at a moderate CAGR of 1.2%, reaching $1,165.8 billion by 2029. Source: The Frost & Sullivan Report Overview of Recycling Market In Japan Japan is a leader in Asia’s recycling industry, driven by a strong cultural emphasis on resource conservation, advanced infrastructure, and robust government policies. The Japanese government has established a national strategy centered on an economic system aimed at minimizing waste and making the most of resources by promoting practices like reuse, recycling, and regeneration (the so -called“circular economy”) and has implemented the Act Concerning Sophistication of Recycling Business, etc., to Promote Resource Circulation in May 2024. This legislation requires the use of recycled materials across multiple sectors, such as packaging, automobiles, and construction, along with corporate reporting obligations and incentives for green procurement, which has effectively established consistent demand and lowered procurement expenses for the recycling sector. In addition, the Japanese government has designated 600 million yen to assist companies in transforming waste from advanced industries into recycled materials and to foster collaboration with manufacturers that utilize these materials, ensuring their effective market entry and alignment with industrial needs. Additionally, Japan plans to stimulate a total of 150 trillion yen in public and private investment over the next decade by issuing climate transformation bonds to back the Green Transformation (GX) initiative. The funds generated will be directed towards enhancing emission reduction technologies, with a focus on ironmaking, batteries, semiconductors, and similar sectors, anticipated to foster technology sharing and industrial collaboration. As the Japanese government progresses in enhancing its policies and boosting its investment in resources, local environmental industry participants will further solidify the principle of sustainable management, leading to an ongoing expansion of the sustainable sector. 56 According to Japan’s Ministry of the Environment, Japan’s circular economy market size is targeted to expand to 80 trillion yen by 2030, compared to approximately 50 trillion yen in 2022, reflecting a CAGR of approximately 6%. In the waste production sector, Japan’s annual waste generation has decreased from 41.7 million metric tonnes to 39 million metric tonnes in 2023, indicating progress towards the desired goal. In the recycling and recovery sector, Japan has showcased its global leadership in the fields of steel and paper. Nonetheless, considerable opportunities for growth remain in other essential sectors, and the government is actively promoting the development of high -potentialrecycling regions. For instance, in the realm of electronic waste recycling, the Japanese government has established a goal of recycling