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Residential Air Conditioner Recycling Fee to be Revised to Reflect Consumption Tax Increase
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Tokyo, February 14, 2014 - Effective April 1, Mitsubishi Heavy Industries Air-Conditioning & Refrigeration Corporation, a group company of Mitsubishi Heavy Industries, Ltd. (MHI), will increase the fee charged for recycling the company's residential air conditioners. The recycling fee applied to home air conditioners is one of a number of charges levied in Japan in order to recycle specified types of discarded home appliances, based on the country's Home Appliance Recycling Law. The upward revision will be made to reflect the increase in the consumption tax rate scheduled to go into effect on April 1.
The new fee will apply in either of the following two cases: 1) when the issue date of the recycling coupon (i.e. the date when the air conditioner is received from the customer) is not earlier than March 31, 2014 and the date when the item is to be handed over to the specified recycling exchange is April 1, 2014 or later; 2) when the issue date of the recycling coupon is earlier than March 31, 2014 and the date when the item is to be handed over to the specified recycling exchange is May 1, 2014 or later.
As a transitional measure, the old fee will apply in the following case: when the issue date of the recycling coupon is earlier than March 31, 2014 and the date when the item is to be handed over to the specified recycling exchange is, at latest, April 30, 2014.
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| Issue date of recycling coupon
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| Before March 31, 2014 | Not earlier than March 31, 2014 | ||
| Date to be handed over to specified recycling exchange | From April 1 to April 30, 2014 | Old fee | New fee |
| After May 1, 2014 | New fee | ||
The above fee is imposed per unit of air conditioner on a uniform basis nationwide. Additional charges are required for collection and transport by retail operators, municipal agencies, etc.
For further information on this matter, customers should address inquiries to:
Mitsubishi Heavy Industries Air-Conditioning & Refrigeration Corporation
About MHI Group
Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.