Company: SEAH
Filing Date: 2025-08-29
Form Type: DRS/A
Source: 0001213900-25-082696
Chunk: 112

Company: Seahawk Recycling Holdings, Inc.
Filing Date: 2025-08-29
Form: DRS/A
Chunk 112
---
Company with a Board of Company Auditors” provided by this Act. Laws on Storage, Export and Trading of Waste Papers and Scrap Metals Storage, export and trading of waste papers and scrap metals are mainly regulated by the following laws and regulations in Japan. (1)Waste Management and Public Cleansing Act (Act No. 137 of 1970, as amended) This law regulates the collection, storage, transport, recycling, and disposal of waste, including waste paper and scrap metals. It requires businesses handling waste to obtain proper licenses and comply with standards for storage, transportation, and processing. Exporters must ensure that waste is not hazardous and is managed in an environmentally sound manner, with strict documentation and reporting obligations. There is a strong emphasis on the proper storage and management of recyclable resources to promote the 3Rs (Reduce, Reuse, Recycle) and to prevent illegal dumping or improper handling. We believe we are compliant with this law in all material aspects as of the date of this prospectus. (2)Act on the Promotion of Effective Utilization of Resources (Act No. 48 of April 26, 1991, as amended) This law encourages the reduction, reuse, and recycling of resources, including waste paper and scrap metals. It sets out requirements for businesses to promote recycling and proper resource management, and in some cases, mandates recycling targets. The law also supports the development of recycling systems and technologies to facilitate the effective use of resources. We believe we are compliant with this law in all material aspects as of the date of this prospectus. (3)Foreign Exchange and Foreign Trade Act (Act No. 228 of December 1, 1949, as amended) FEFTA governs the export of goods from Japan, including waste paper and scrap metals. Exporters must comply with export control regulations, which may require permits or notifications for certain types of waste, especially if classified as hazardous or subject to international agreements. The law aims to ensure that exports do not harm national security or international relations. We believe we are compliant with this law in all material aspects as of the date of this prospectus. (4)Act for the Control of Export and Import of Specified Hazardous and Other Wastes (Act No. 108 of December 16, 1992, as amended) This law implements Japan’s obligations under the Basel Convention, which controls the transboundary movement of hazardous wastes. Exporters of waste paper and scrap metals must confirm whether their materials are classified as hazardous. If so