Establishment of New Company 'NTT Circurust' to Promote Recycled Material Use and Resource Circulation
NQ Score
0/100
N1 Content Completeness
9
Key facts
- Establishment of New Company 'NTT Circurust' to Promote Recycled Material Use and Resource Circulation
- NTT Corporation and Mitsubishi Materials Corporation will establish a new company, 'NTT Circurust, Inc.,' on July 1, 2026, to promote the use of recycled materials and advance resource circulation. The new company will handle the entire flow from collection of used IT equipment and telecommunications infrastructure to recycling, manufacturing and sales of recycled materials, as well as the transmission of characteristic information throughout the supply chain. The capital is 1.5 billion yen, with NTT holding 66.6% and Mitsubishi Materials 33.4%.
- Source: PR TIMES
- Date: Wed Jun 03 2026 22:00:01 GMT+0900 (Japan Standard Time)
Direct answer
NTT Corporation and Mitsubishi Materials Corporation will establish a new company, 'NTT Circurust, Inc.,' on July 1, 2026, to promote the use of recycled materials and advance resource circulation. The new company will handle the entire flow from collection of used IT equipment and telecommunications infrastructure to recycling, manufacturing and sales of recycled materials, as well as the transmission of characteristic information throughout the supply chain. The capital is 1.5 billion yen, with NTT holding 66.6% and Mitsubishi Materials 33.4%.
- Citation
- Establishment of New Company 'NTT Circurust' to Promote Recycled Material Use and Resource Circulation (Wed Jun 03 2026 22:00:01 GMT+0900 (Japan Standard Time)), PR TIMES
- Source
- PR TIMES
- Date
- Wed Jun 03 2026 22:00:01 GMT+0900 (Japan Standard Time)
AI Summary (NQ-processed)
NTT Corporation and Mitsubishi Materials Corporation will establish a new company, 'NTT Circurust, Inc.,' on July 1, 2026, to promote the use of recycled materials and advance resource circulation. The new company will handle the entire flow from collection of used IT equipment and telecommunications infrastructure to recycling, manufacturing and sales of recycled materials, as well as the transmission of characteristic information throughout the supply chain. The capital is 1.5 billion yen, with NTT holding 66.6% and Mitsubishi Materials 33.4%.
AI Analysis
Frequently Asked Questions
- Q: When will the NTT Circurust website be launched?
- A: It is scheduled to go live on July 1, 2026 at 10:00 AM.
- Q: What types of recycled materials will the new company handle?
- A: Initially, it will focus on metal resources (such as copper) from used IT equipment and telecommunications infrastructure.
- Q: Can other companies use the information transmission platform?
- A: The goal is to develop it into a common platform that can be used across industries, including recycled materials from other companies.