Shinsho to Set Up Recycling Joint Venture With Taguchi Metals

MT Newswires Live2025-12-23

Shinsho (TYO:8075) said it has agreed to establish a joint venture with Taguchi Metals following a basic agreement announced in June, with the partnership aimed at building a low-carbon recycling supply chain, according to a Tuesday filing on the Tokyo Stock Exchange.

The venture will focus on advanced sorting of non-ferrous metal scrap, with an emphasis on supplying low-carbon aluminum to rolling manufacturers.

By combining Shinsho's sales channels and market access with Taguchi Metals' shredding facilities and non-ferrous metal sorting technologies, the joint venture aims to make more effective use of low-grade scrap, promote local resource circulation and support decarbonization efforts.

Commercial operations are expected to begin in fiscal 2027, primarily in the northern Kanto region. In addition to aluminum, the venture will handle other metals and supply furnace-ready materials.

The joint venture will have capital of 100 million yen, with Shinsho holding a 70% stake and Taguchi Metals 30%. Establishment is scheduled for April 1, 2026.

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