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    8750   JP3476480003

DAI-ICHI LIFE HOLDINGS, INC.

(8750)
  Report
Delayed Japan Exchange  -  02:00 2022-09-28 am EDT
2270.00 JPY   -2.43%
09/15Dai Ichi Life : Impact Investment in a Venture Fund by Energy & Environment Investment, Inc.- Supporting a Decarbonized Society via Venture Fund Focused on the Environment and Energy Sectors - PDF
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08/31Dai Ichi Life : Annual Report 2021
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08/24Dai Ichi Life : Impact Investment in JEPLAN, INC.- Contributing to a Sustainable Society through PET Chemical Recycling Technologies - PDF
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Dai ichi Life : Impact Investment in JEPLAN, INC.- Contributing to a Sustainable Society through PET Chemical Recycling Technologies - PDF

08/24/2022 | 03:48am EDT

August 24, 2022

Impact Investment in JEPLAN, INC.

- Contributing to a Sustainable Society through PET Chemical Recycling Technologies -

The Dai-ichi Life Insurance Company, Limited (the "Company"; President and Representative Director: Seiji Inagaki) has invested JPY 500 million in JEPLAN, INC. ("JEPLAN"; CEO & Co-FOUNDER: Masaki Takao), a company that uses proprietary recycling technologies to promote the circulation of PET bottles and other resources. This impact investment1 is a part of the Company's ESG investments.

  • JEPLAN is a Japanese start-up that aims to use its proprietary chemical recycling BRING Technology™ to achieve horizontal bottle-to-bottle2 recycling of PET bottles, and so promote the circulation of resources.
  • JEPLAN's proprietary recycling technology chemically depolymerizes and removes the impurities from polyethylene terephthalate, the raw material used to make PET bottles and polyester fibers. The technology enables the production of recycled PET of the same quality as petroleum-derived PET, and allows even dirty PET bottles, which have traditionally proven difficult to recycle horizontally, to be recycled with no loss of quality. Going forward, the company is planning to reduce production costs through low-cost material procurement and increased scales of production.
  • JEPLAN is the only company in the world to have successfully commercialized a horizontal PET bottle recycling process that utilizes chemical recycling technologies; by expanding the use of its technologies in Japan and overseas, the company expects to contribute both to the growth of environmentally friendly resource circulation, and to the realization of a sustainable society

The stages of recycling PET resin, from the initial PET flakes (far left) to the final PET bottle (far right)

Recycled PET resin

[Social Impact]

Reducing plastic

Reducing waste plastic and CO2

emissions generated by its combustion

waste and CO2

through the promotion of chemical recycling technologies

emissions

1Impact investment is an investment activity where an investor makes investment decisions with the intent to gain investment returns and generate social impact (e.g., structural change in society).

2Bottle-to-bottle recycling is the process of recycling PET bottles to create new PET bottles

1

The Company expects enough returns from its investment in JEPLAN; it will also provide financial support for and

continually monitor JEPLAN's initiatives, which it is hoped will have a positive impact on society by reducing both

plastic waste and CO2 emissions.

As a responsible institutional investor, the Company will continue to actively engage in ESG investment to realize a

sustainable society as well as to improve its investment returns through sophisticated and diverse investment methods.

Masaki Takao, CEO & Co-FOUNDER of JEPLAN, INC., provided the following comments:

Societies are seeking solutions to climate change and are increasingly adopting circular economies, which enable the coexistence of financial activities and the global environment. Against such a backdrop, we are extremely grateful that you endorse and have decided to invest in our business. At JEPLAN, we have a vision to "BRING everyone into a circular economy." We are involved in all aspects of the supply chain, and we are working to promote manufacturing that incorporates our proprietary chemical recycling BRING Technology™, and to develop our BRING Technology™ licensing business. Going forward, we intend to dedicate ourselves to accelerating the use of our chemical recycling technologies in resource circulation both in Japan and overseas.

[Company Profile]

Trade Name

JEPLAN, INC.

Head Office

12-2 Ogimachi, Kawasaki-ku, Kawasaki City, Kanagawa

Representative

CEO & Co-FOUNDER Masaki Takao

Established

January 2007

Business

Recycling and related businesses of PET bottles and clothing using its PET chemical recycling

Description

BRING Technology™; sales of clothing that contain recycled materials

2

Dai-ichi Life's Impact Investment History (Last 3 years)

Headline

Release Date

URL

Dai-ichi Life to Impact Invest in Modulus Discovery, Inc.

https://www.dai-ichi-

- Contributing to Realizing Accessible Healthcare for All by Cutting Development

May 13, 2020

life.co.jp/english/news_release/2020/pd

Timelines and Costs of Pharmaceuticals -

f/index_003.pdf

Impact Investment in Metcela Inc.

https://www.dai-ichi-

- Contributing to Extending Healthy Life Expectancy of Patients with Heart Failure

Jan. 4, 2021

life.co.jp/english/news_release/2020/pd

through the Development and Provision of a New Treatment -

f/index_017.pdf

Impact Investment in Sharing Energy Co., Ltd.

https://www.dai-ichi-

- Contributing to CO2 emission reduction through distributed renewable energy

Feb. 15, 2021

life.co.jp/english/news_release/2020/pd

power generation for residential solar power -

f/index_021.pdf

Impact Investment in GITAI Japan

https://www.dai-ichi-

- Contributing to Economic Growth through Promotion of Space Development by

Mar. 1, 2021

life.co.jp/english/news_release/2020/pd

Means of R&D for Space Worker Robots -

f/index_024.pdf

Impact Investment in Noile-Immune Biotech, Inc.

https://www.dai-ichi-

- Extending Healthy Life Expectancy through Development and Provision of Next-

Mar. 22, 2021

life.co.jp/english/news_release/2020/pd

Generation Cancer Immunotherapy -

f/index_028.pdf

Investment in Climate Infrastructure Fund for Emerging Countries

https://www.dai-ichi-

- Contributing to Resolving Climate Change Challenges Through Joint

Jul. 8, 2021

life.co.jp/english/news_release/2021/pd

Public/Private Support for Development of a Low Carbon Economy -

f/index_003.pdf

Impact Investment in RIVERFIELD Inc.

https://www.dai-ichi-

- Contributing to Improving Patients' Quality of Life by Lessening Burden on Mind

Jul. 30, 2021

life.co.jp/english/news_release/2021/pd

and Body Through Usage of Surgery Support Robots -

f/index_005.pdf

Impact Investment in PaMeLa Co., Ltd.

https://www.dai-ichi-

- Contributing to Improving Patients' Quality of Life through Development of

Sep. 29, 2021

life.co.jp/english/news_release/2021/pd

Medical Device That "Visualizes" Pain Using Brain Waves -

f/index_008.pdf

Impact Investment in WASSHA Inc.

https://www.dai-ichi-

- Contributing to Sustainable Development through Offering an Electric Power

June. 10, 2022

life.co.jp/english/news_release/2022/pd

Service to Off-Grid Communities in Africa -

f/index_004.pdf

Impact Investment in READYFOR INC.

https://www.dai-ichi-

- Achieving a Society that Overflows with Heartfelt Support through Vitalization of

Jul. 13, 2022

life.co.jp/english/news_release/2022/pd

the Donation and Subsidy Market -

f/index_005.pdf

Impact Investment in Clean Energy Connect

https://www.dai-ichi-

Aug. 1.2022

life.co.jp/english/news_release/2022/pd

- Accelerating uptake of renewable energy by expanding off-site corporate PPAs -

f/index_006.pdf

3

Disclaimer

Dai-ichi Life Holdings Inc. published this content on 24 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 August 2022 07:47:03 UTC.


© Publicnow 2022
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Sales 2023 7 953 B 55 068 M 55 068 M
Net income 2023 272 B 1 886 M 1 886 M
Net Debt 2023 883 B 6 111 M 6 111 M
P/E ratio 2023 8,52x
Yield 2023 3,79%
Capitalization 2 326 B 16 104 M 16 104 M
EV / Sales 2023 0,40x
EV / Sales 2024 0,42x
Nbr of Employees 62 260
Free-Float 93,3%
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Number of Analysts 13
Last Close Price 2 270,00 JPY
Average target price 2 920,83 JPY
Spread / Average Target 28,7%
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Managers and Directors
Seiji Inagaki President, CEO & Representative Director
Tetsuya Kikuta Chief Financial Officer & Representative Director
Koichiro Watanabe Chairman
Rieko Sato Independent Outside Director
Ungyong Shu Independent Outside Director
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