Tokyu Department Store and Suntory Collaborate to Launch "Bottle to Bottle" Horizontal Recycling (*1): Starting the Circulation of PET Bottle "Resources" at Three Stores: Tama Plaza, Machida Tokyu Twins, and Hiyoshi Tokyu Avenue

Tokyu Department Store Co., Ltd. (hereinafter "Tokyu Department Store") and the Suntory Group have signed an agreement regarding a "bottle to bottle" horizontal recycling initiative, in which used PET bottles collected at three Tokyu Department Store locations (Tama Plaza, Machida Tokyu Twins, and Hiyoshi Tokyu Avenue) will be reborn as new PET bottles. This horizontal recycling initiative will commence on Wednesday, April 1, 2026.

*1: A form of recycling where used products are used as raw materials to create products of the same type.

□ Background of this Initiative

Based on its corporate philosophy, Tokyu Department Store encourages all employees to keep in mind the motto, "Hug the world: Think about the global environment and move toward the future with a global perspective," actively engaging in environmental conservation and conducting business activities that fulfill corporate social responsibility. The Suntory Group, with the purpose of "To inspire the brilliance of life, by creating rich experiences for people, in harmony with nature," has aimed to realize a sustainable society since its founding. Regarding PET bottles, the group is also undertaking various initiatives with the goal of achieving "100% sustainability."

This initiative was born from the shared belief of both companies that "contributing to the realization of a sustainable society by circulating PET bottles—which have high recyclability and an established system for resource recovery—as a resource" is essential.

□ Target Store Names and Locations

Name

Location

Tokyu Department Store Tama Plaza

1-7 Utsukushigaoka, Aoba-ku, Yokohama, Kanagawa

Machida Tokyu Twins

6-4-1 Haramachida, Machida, Tokyo

Hiyoshi Tokyu Avenue

2-1-1 Hiyoshi, Kohoku-ku, Yokohama, Kanagawa

□ About the Suntory Group

The Suntory Group has been a long-time leader in technological innovation and the practical application of "bottle to bottle" horizontal recycling. This began in 2012 when it became the first in the domestic soft drink industry to introduce 100% recycled PET bottles (*2), and continued with the development of the world's first "FtoP Direct Recycling Technology" (*3), which reduces CO2 emissions compared to conventional methods.

The group continues to promote activities aimed at achieving a sustainable society and its goal of "100% sustainable PET bottles," as outlined in its 2019 "Plastic Policy": to eliminate the use of new fossil-fuel-derived materials by transitioning all PET bottles used globally to recycled or plant-derived materials by 2030.

*2: As mechanical recycling.

*3: Jointly developed with four companies, including Kyoei Sangyo Co., Ltd.