Tokyo, June 1, 2012 - (JCN Newswire) - Honda Motor Co., Ltd. today disclosed results of the recycling/recovering of fluorocarbons, airbags, and Automobile Shredder Residue (ASR) based on Japan's End-of-Life Vehicle (ELV) Recycling Law for the fiscal year ended March 31, 2012.
-- The number of ELVs from which fluorocarbons were collected was approximately 320,000 units (a decrease of 16% compared to the preceding fiscal year). -- The number of ELVs from which airbags were collected was approximately 240,000 units (a decrease of 6% compared to the preceding fiscal year).
-- The number of ELVs from which ASR was collected as the final stage of the ELV treatment was approximately 370,000 units (a decrease of 20% compared to the preceding fiscal year).
-- The recycling rate of airbag inflators and ASR was 93.6% and 93.3%, respectively, complying with the ordinances of the relevant ministries (85% for airbag inflators and 70% for ASR by the fiscal year ending March 31, 2016).
-- The total cost of the recycling efforts amounted to 3.48 billion yen, which was 290 million yen less than the total recycling deposits received which was 3.77 billion yen.
Honda will continue its efforts to ensure proper treatment of ELVs and further increase recycling rates. For a full overview of Honda's ELV recycling for the fiscal year ended March 31, 2012, please see http://world.honda.com/news/2012/c120601Results-of-Resource-Recycling/?r=m.
Honda Motor Co., Ltd. (TSE:7267/NYSE:HMC/LSE:HNDA.L) is one of the leading manufacturers of automobiles and power products and the largest manufacture of motorcycles in the world. Honda has always sought to provide genuine satisfaction to people worldwide. The result is more than 120 manufacturing facilities in 30 countries worldwide, producing a wide range of products, including motorcycles, ATVs, generators, marine engines, lawn and garden equipment and automobiles that bring the company into contact with over 19 million customers annually. For more information, please visit http://world.honda.com.
Honda Media Inquiries firstname.lastname@example.org +81-3-5412-1512
Copyright 2011 JCN Newswire. All rights reserved. www.japancorp.net