4 TECHNICAL TRENDS

In Japan, in order to promote the reduction of hydrofluorocarbons (HFCs) stipulated by the Kigali Amendment, a system has been introduced to regulate products that use HFCs as designated products. Under this system, the global warming potential (GWP) target value for the refrigerants used in the designated products and the target year for achievement are set and each HFC product manufacturer and importer is required to achieve a weighted average target for its products shipped, by category.