REFINVERSE Group,Inc. [7375.T]
TOKYO, Apr 01 (Pulse News Wire) – Refinverse Group,inc. (7375.T) announced today that its subsidiary, Refinverse Corporation, will invest in new equipment at its Kameguchi factory to expand polyolefin recycling operations.
The investment, totaling approximately ¥324 million, includes wet processing facilities aimed at increasing production capacity and enhancing purity levels of recycled materials. The project is expected to commence manufacturing in September 2026 and contribute to achieving sales targets of ¥1 billion by June 2028. This initiative involves developing technology to separate composite plastics composed of polyolefin film and other materials, which currently face challenges due to their complex composition. By leveraging advanced separation techniques, Refinverse aims to transform waste plastic into high-purity raw materials suitable for material and chemical recycling processes. This move supports circular economy goals and enhances resource circulation within Japan.
In addition to the capital expenditure, the company expects to secure funding through self-funding and bank loans, with partial support from government subsidies amounting to around ¥66 million. The investment decision was made during a board meeting held on April 01, 2026, and the acquisition of assets is scheduled for July 2026. Regarding the impact on the fiscal year ending June 2026, the company anticipates minimal effects on its consolidated performance. According to previous forecasts published on August 14, 2025, the group projects consolidated revenue of ¥4.800 billion, operating profit of ¥380 million, ordinary profit of ¥330 million, and net income attributable to shareholders of the parent of ¥300 million for the fiscal year ending June 2026. In comparison, the prior fiscal year's figures stood at ¥4.070 billion in revenue, ¥182 million in operating profit, ¥151 million in ordinary profit, and ¥146 million in net income.
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