[Environment Venture] Tsuginohi Co., Ltd. Certified as a "10 Billion Yen Declaration" Company by the Small and Medium Enterprise Agency

Tsuginohi Co., Ltd. (CEO: Seima Kurokawa), headquartered in Okayama City, Okayama Prefecture, has been officially listed on the "10 Billion Yen Declaration" portal operated by the Small and Medium Enterprise Agency and the Small and Medium Enterprise Corporation. This release discloses our company's growth potential, sustainability, ESG achievements, and governance structure.

The "10 Billion Yen Declaration" is a national initiative where small and medium-sized enterprises declare their own goal of "10 billion yen in sales" and publicize their efforts towards achieving it. As one of the 3,050 companies nationwide listed after review and confirmation by the secretariat, our company's growth strategy and social significance have been officially recognized.

■ Sales Increased 14.5 Times in 7 Years, Continuing 133% Growth

Our company operates a circular business model that integrates the purchase, refurbishment, and rare metal recovery of used commercial vehicle parts (such as DPF and SCR catalysts). By transforming used parts from "costs" into "resources," our model simultaneously achieves cost reduction for adopting companies and generates revenue for ourselves.

■ Non-transient Transaction Structure

Based on transaction data from our customer management system (Salesforce), our retention rates are 73.67% for purchases and 55.20% for sales. Among over 5,000 transactions, a majority are repeat purchases from existing customers, forming a stable revenue base.

■ Quantified Environmental Value

We have completed Carbon Footprint (CFP) calculations in collaboration with As-en Co., Ltd. The CO₂ reduction effect of our rebuilt DPFs, compared to new ones, is scientifically proven to be approximately 60%.

These environmental values directly contribute to reducing the Scope 3 emissions of our trading partners, aligning with the ESG response needs of large corporations and listed companies in their supply chains.

■ Governance and Human Capital: Reducing Operational Risk

To address organizational risks often associated with rapidly growing ventures, we have established the following systems:

Our growth roadmap is formulated as the medium-term management plan "Road to 10B," and we manage the plan, including capital investment, human resource investment, and governance strengthening, on a KPI basis.

■ Direction of Growth Investment: From Labor-Intensive to Technology-Intensive

We are currently promoting investment in the automation of our production lines, with the utilization of subsidies.

By transitioning from the current production capacity of 500 units per month to 1,120 units per month (a 224% increase from the current level), we will fulfill our responsibility for stable supply as infrastructure.

Concurrently, we will expand our nationwide bases (Okayama, Tokyo, Saitama, Aichi) and concurrently commercialize new business areas such as EV battery refurbishment and rare metal recovery.

■ "10 Billion Yen Declaration" Listing Information

We are officially listed as one of the 3,050 growth companies nationwide on the "10 Billion Yen Declaration" portal operated by the Small and Medium Enterprise Agency and the Small and Medium Enterprise Corporation.

• Listing URL: https://growth-100-oku.smrj.go.jp/companies/

• Industry: Manufacturing / Transportation Equipment Manufacturing

• First Publication Date: October 20, 2025

■ Comment from CEO Seima Kurokawa

"We aim to strengthen this circular infrastructure together with financial institutions, government bodies, and partner companies. We will explain our medium- to long-term growth strategy, including capital investment, human resource investment, and governance strengthening, on a KPI basis."

■ Company Overview

Company Name: Tsuginohi Co., Ltd.

Location: 1448-1 Makabe, Soja City, Okayama Prefecture (Headquarters)

　　　　　 5F, Dai 3 Koike Building, 1-1-11 Kita-Shinagawa, Shinagawa-ku, Tokyo (Tokyo Office)

Representative Director: Seima Kurokawa

Date of Establishment: July 2, 2018

Business Activities: Automobile Parts Recycling / Environmental Technology Development

Brand Statement: "Circulate, Connect, Good for the Earth"

URL: https://tsuginohi.com/

Related Links

[Official Website] https://tsuginohi.com/

[Official Movie] https://youtu.be/6uDLHdLkZyk

[YouTube Channel] https://www.youtube.com/@tsuginohi_okayama

[Business Site] https://dpf-dpd.com/

[GPTW Japan] Check Tsuginohi, a "Great Place to Work® Certified Company"!