JFE Engineering Acquires All Shares of Tōkan and Seifuko, Companies Operating Landfill and Intermediate Treatment Businesses, to Construct Akita Prefecture's Largest New Landfill Site!

June 30, 2026

JFE Engineering Corporation

JFE Engineering Corporation (President and CEO: Kazumi Fukuda, Headquarters: Chiyoda-ku, Tokyo) announced today that on June 24, 2026, it acquired all shares of Tōkan Co., Ltd. (President and CEO: Tadataka Watanabe, Headquarters: Akita City, Akita Prefecture), which operates a final disposal site business primarily in Akita Prefecture, and Seifuko Co., Ltd. (President and CEO: Tadataka Watanabe, Headquarters: Fujiyoshida City, Yamanashi Prefecture), which operates intermediate waste treatment [Note 1], collection, and transportation in Yamanashi and Nagano Prefectures.

This marks JFE Engineering's first entry into the final disposal site business. In addition to participating in this business, the company has decided to plan, construct, and operate a new landfill site that will be the largest in Akita Prefecture.

Note 1: Intermediate waste treatment refers to processes such as sorting, reduction, detoxification, and stabilization to promote resource recovery and reduce the amount of waste for final disposal.

Overview of Acquired Companies

As of June 30, 2026

Company Name

Tōkan Co., Ltd.

Seifuko Co., Ltd.

Head Office Location

Kanagurokurokawa 1, Akita City, Akita Prefecture

4840 Kamiyoshida, Fujiyoshida City, Yamanashi Prefecture

Representative Director and Title

Katsuhisa Kurashima, President and CEO

Katsuhisa Kurashima, President and CEO

Sales

1.4 billion yen (Fiscal Year ending March 2025)

1.6 billion yen (Fiscal Year ending April 2025)

Business Activities

Waste Treatment (Final Disposal Site Operation)

Intermediate Waste Treatment, Collection, and Transportation

Intermediate Waste Treatment, Collection, and Transportation

Final Disposal Site Facility Scale

Licensed Capacity: 2,423,111 m3

ー

Capital Stock

30 million yen

9 million yen

Number of Employees

30

29

Purpose of Share Acquisition

Our group has set a long-term vision of contributing to society through the realization of a circular economy.

Through this share acquisition, we will be able to provide integrated processing and services for the entire reverse logistics chain, including final disposal, in addition to our existing waste collection, sorting, incineration, and recycling operations. This will further enable us to contribute to the establishment of a circular society.

Furthermore, through Tōkan Co., Ltd., we are planning the establishment of a controlled final disposal site in Akita Prefecture, with operations scheduled to commence in fiscal year 2030. This disposal site will have a capacity of 3.16 million m3, making it the largest facility in the prefecture.

In operating this disposal site, we will build upon the strong trust relationships we have cultivated with local residents. We will also consider establishing a system for rapid support during disasters, in addition to the final disposal of waste during normal times. We aim to coexist with the community while serving as a local hub that supports the safety and security of the residents' lives.

Moving forward, our group will continue to contribute to the realization of a circular society by balancing sustainable growth with the reduction of environmental impact.

Overview of New Final Disposal Site

Facility Scale

Total Site Area: 511,800 m2

Landfill Area: 157,200 m2

Landfill Capacity: 3,161,400 m3

Location

Kanaguroyama 1-28, Kanagurokurokawa, Akita City, Akita Prefecture, and other adjacent areas

Scheduled Start of Operations

Scheduled for fiscal year 2030

Type of Waste Treatment Facility

Controlled Final Disposal Site (Municipal Solid Waste & Industrial Waste)

Permitted Items

[Industrial Waste]: Cinders, sludge (excluding organic sludge), plastic waste, paper waste, wood waste, fiber waste, animal and vegetable residues, rubber waste, metal waste, glass, concrete, and ceramic waste (excluding gypsum board), slag, construction debris, dust, industrial waste specified in Article 2, Item 13 of the Cabinet Order.

*Includes crushed materials from automobiles, etc., industrial waste containing asbestos, industrial waste from mercury-containing products, mercury-containing dust, etc.

*Excludes special control industrial waste.

Total 18 types

[Special Control Industrial Waste]: Asbestos waste, etc.

[Municipal Solid Waste]: Incineration ash, melted and solidified ash, dust after detoxification treatment, non-combustible crushed and sorted residue.

Existing Final Disposal Site Operated by Tōkan Co., Ltd. (at completion)

For inquiries regarding this matter, please contact:

JFE Engineering Corporation, Public Relations Office, General Affairs Department