Funded Projects

Category How Funds Are Used Amount
(Unit: 100 million yen)
Evaluation Target (Sustainability Project)
Renewable Energy ■Installation of solar panels
■Procurement of renewable energy
0.6
Energy Efficiency ■Increasing the number of YAMASHIN NANO FILTER™ production sites
■Introducing facilities for recycling YAMASHIN NANO FILTER™
50
Pollution Control and Prevention
Protecting Biodiversity of Land and Marine Life
Access to Essential Services ■Adding facilities to manufacture general-use and medical-use masks 20
Clean Transport ■Research and development of YAMASHIN NANO FILTER™ technology
(partial)
9.4
Subtotal 80
■Funds reserved for mergers and acquisitions 36.1
Total 116.1

*As this fund-raising is financed by stock warrants, fluctuations in stock price may prevent it from being carried out as planned or may cause the amount of funds to differ from the estimate. In either case, we will disclose such information in a timely and appropriate manner.

Sustainability Project and Its Impact

Source: Second Party Opinion by the Japan Research Institute
URL:http://www.yamashin-filter.co.jp/ja/news/news_20200908_001/main/00/link/SecondPartyOpinion.pdf