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    9202   JP3429800000

ANA HOLDINGS INC.

(9202)
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Delayed Japan Exchange  -  01:00 2022-11-30 am EST
2944.50 JPY   -0.19%
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ANA : and Sojitz Pla-Net launch recycling operation to reduce the disposal of plastic waste

09/29/2022 | 02:14am EST

ANA Group and Sojitz Pla-Net launch recycling operation to reduce the disposal of plastic waste

  • ANA Group and Sojitz Pla-Net will collect used cargo plastic to recycle the materials and reproduce new plastic products to be used by ANA.
  • This project marks the first closed recycling initiative by a Japanese airline.

TOKYO, Sept. 29, 2022 - ANA HOLDINGS INC. today announced a new partnership with leading plastics trading company Sojitz Pla-Net Corporation to reduce the disposal of plastic by introducing a new closed recycling initiative. This partnership will make ANA the first Japanese airline to undertake this innovative and sustainable approach. The project involves the collection of used plastic cargo coverings which will then be repurposed into recyclable plastic goods used by the ANA Group.

"Our partnership with Sojitz Pla-Net is a reflection of ANA's deep commitment and global efforts to meet our sustainability goals and furthers our ANA Future Promiseinitiatives," said Shinichi Inoue, President and Chief Executive Officer of ANA. "We take great responsibility being Japan's first airline to establish an extensive recycling initiative that reduces plastic disposal and hope to inspire others to follow suit."

Kenichi Ariga, President of Sojitz Pla-Net said, "Our initiative with ANA HD is an important milestone in reducing plastic waste in the environment. We hope this operation will be recognized globally and inspire not only other airlines, but other industries and corporations to do their part in recycling and repurposing the materials they already have."

Overview of process

  1. ANA collects plastic coverings used for cargo from airports across Japan.
  2. Once the materials are collected, all labels, tape and adhesives will be removed before compressing the materials to be recycled.
  3. Sojitz Pla-Net collects the compressed material and recycles it into pellets.
  4. Sojitz Pla-Net delivers the pellets to manufacturers of plastic products used by ANA.
  5. Once the plastic goods are reproduced, ANA will use the products in various operations, such as plastic film coverings for cargo and in-flight garbage bags.

This initiative is part of ANA's medium-to-long-term environmental targets, where the ANA Group aims to reduce the disposal rate of resources by at least 70% from the fiscal 2019 level by fiscal 2030, and to reduce waste to zero by fiscal 2050.

ANA Group is dedicated to conducting socially responsible operations and making a positive impact on the global environment. We will continue to monitor evolving environmental trends and set target goals accordingly to bring the utmost value for customers, stakeholders and communities.

Contact: ANA Corporate Communications, TEL +81-3-6735-1111,

publicrelations@ana.co.jp

Sojitz Pla-Net Corporation, TEL +81-3-6871-5619pnc.kankyo@sojitz-planet.com

About ANA HOLDINGS

Founded in 1952 with just two helicopters, All Nippon Airways (ANA) has grown to become the largest airline in Japan. ANA HOLDINGS Inc. (ANA HD) was established in 2013 as the largest airline group holding company in Japan, comprising 70 companies including ANA and Peach Aviation, the leading LCC in Japan.

ANA is a launch customer and the largest operator of the Boeing 787 Dreamliner, making ANA HD the biggest Dreamliner owner in the world. A member of Star Alliance since 1999, ANA has joint venture agreements with United Airlines, Lufthansa German Airlines, Swiss International Airlines and Austrian Airlines - giving it a truly global presence.

The airline's legacy of superior service has helped it earn SKYTRAX's respected 5-Star rating every year since 2013, with ANA being the only Japanese airline to win this prestigious designation for nine consecutive years. ANA also has been recognized by Air Transport World as "Airline of the Year" three times (2007, 2013 and 2018); it is one of only a select few airlines to win this prominent award multiple times.

In 2021, ANA was awarded the 5-starCOVID-19 safety rating by SKYTRAX, recognizing the airline's initiatives to provide a safe, clean and hygienic environment at airports and aboard aircraft, embodied in the ANA Care Promise.

ANA is the only company in the aviation industry to receive the Gold Class distinction from the 2022 S&P Global Sustainability Awards and ANA HD has been selected as a member of the Dow Jones Sustainability World Index list for the fifth consecutive year and the Dow Jones Sustainability Asia Pacific Index list for the sixth consecutive year.

For more information, please refer to the following link: https://www.ana.co.jp/group/en/

Disclaimer

ANA Holdings Inc. published this content on 29 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 September 2022 06:13:00 UTC.


ę Publicnow 2022
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Financials
Sales 2023 1 740 B 12 575 M 12 575 M
Net income 2023 50 199 M 363 M 363 M
Net Debt 2023 765 B 5 530 M 5 530 M
P/E ratio 2023 26,3x
Yield 2023 -
Capitalization 1 387 B 10 027 M 10 027 M
EV / Sales 2023 1,24x
EV / Sales 2024 1,06x
Nbr of Employees 42 196
Free-Float 91,5%
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Mean consensus HOLD
Number of Analysts 11
Last Close Price 2 950,00 JPY
Average target price 2 873,64 JPY
Spread / Average Target -2,59%
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Managers and Directors
Ichiro Fukuzawa Director, Manager-Finance & Investor Relations
Shinya Katanozaka Chairman
Koji Shibata Senior Executive Officer & Head-Group IT
Izumi Kobayashi Independent Outside Director
Ado Yamamoto Independent Outside Director
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