Sustainable resource use

Contribute to development of a circular economy focused on the value of assets

The leasing business Tokyo Century has developed since its founding is built on the 3Rs (reduce, reuse, and recycle), meaning that the Company has been contributing to the realization of an environmentally sound, sustainable economy and society since its inception. Leasing businesses necessarily involve assets, and focusing on the value of assets and their effective utilization is thus of crucial importance to such businesses. By further honing the propensity for judging the value of the assets we have refined throughout our history, we look to broaden the scope of assets we handle to branch out from traditional financing and leasing to engage in life-cycle management operations related to automobiles and aircraft. At the same time, we will work together with our partners to combine our specialties and areas of expertise to address social issues. In this manner, Tokyo Century will seek to evolve business models in fields where it can contribute to the realization of an environmentally sound, sustainable economy and society and in which it is possible to achieve economic growth while using resources efficiently.

Information and communications equipment is a major offering of our leasing business. In recent years, greater importance has been placed on the environment and on information management with regard to the disposal of end-of-lease IT equipment. This trend is anticipated to spur rapid growth in demand for IT asset disposition (ITAD) services such as data erasing and disposal for IT equipment, which can be used to ensure the safe and appropriate disposal of these IT assets. We anticipate that this demand will be seen centered on global companies seeking to provide services that are standardized on a worldwide basis. In this regard, U.S.-based IT leasing subsidiary CSI Leasing, Inc., is a major source of strength. The company is able to supply high-quality global-standard services through its IT equipment leasing and ITAD service operations in more than 50 countries across the globe. CSI Leasing has been acquiring companies in various countries and taking other steps to establish local bases in markets around the world for propelling the development of its IT equipment life-cycle management service businesses.

Contribution to the SDGs

Opportunities

Increased range of business opportunities related to a circular economy focused on the value of assets

Risks

Higher costs related to waste processing
Damage to reputation due to environmental pollution

Logic Model and Impact KPI

Goals and Progress

Output KPIs

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KPI	Applicable companies	Unit	Target year	Target	Fiscal 2022	Fiscal 2023	Fiscal 2024
Transaction volume (leases, financing, investments, etc.)	Tokyo Century Corporation and 15 major subsidiaries	Billions of yen			396.5	473.0	481.9
Refurbishment business (annual secondhand computer sales volume)	Tokyo Century Corporation, EPC Japan K.K., and FLCS Co., Ltd.	Computers	Fiscal 2025	508,777 computers or more	327,017	350,813	425,066
ITAD data erasure services (number of units processed with ITAD services)	EPC, Inc. (U.S. subsidiary of CSI Leasing, Inc.) and 11 other companies	Units	Fiscal 2025	1,700,000 units	1,713,011	1,694,606	1,648,242
Rate of reduction of use of plastic office supplies (recycling rate for clear plastic files)	Tokyo Century Corporation	%	Fiscal 2025	Reduce purchases of clear plastic files by 50% (compared with fiscal 2022)	100.0	105.4	110.8

Impact KPI

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KPI	Applicable companies	Unit	Target year	Target	Fiscal 2022	Fiscal 2023	Fiscal 2024
Recycling rate for plastic-containing products and other industrial waste	Tokyo Century Corporation	%	Fiscal 2026	Maintain average recycling rate of at least 90% for five fiscal years starting in fiscal 2022	93.9	95.8	96.2
Re-leasing rate (renewal rate)	Tokyo Century Corporation	%			78.6	78.7	78.8