VALUE CREATION THROUGH RENEWABLE ENERGY UTILIZATION
We achieve CO₂ emissions reduction and contribute to greenhouse gas reduction
in a tangible manner within our entrusted assets.
- Note 1: The projected power generation is calculated based on the panel output of each managed asset as of August 1, 2023 (assuming 1,000 kWh per kW per year) and adjusted emission coefficients with each electricity provider.
- Note 2: The figures are calculated based on the projected power generation, assuming an annual consumption of 4,258 kWh per household, and the panel output of each managed asset as of August 1, 2023.
- Note 3: The average CO2 absorption capacity of a 50 year old cedar tree is calculated to be approximately 14 kg.
CONTRACT FOR SPECIFIC WHOLESALE SUPPLY
WITH MINNA DENRYOKU
On January 10, 2019, a contract for specific wholesale supply was concluded between Takara Leben Co., Ltd. (currently MIRARTH Holdings Co., Ltd., hereinafter referred to as “MIRARTH Holdings”) and Minna Denryoku Co., Ltd. (currently UPDATER Co., Ltd., hereinafter referred to as “Minna Denryoku”) regarding LS Shizuoka Omaezaki Power Plant and LS Mie Yokkaichi Power Plant, where our company is engaged in asset management.
The aforementioned contract has been transferred to Green Energy LLC (a MIRARTH Holdings Group company), the current holder, and aims to supply environmentally friendly energy to general consumers and businesses through Minna Denryoku, contributing to decarbonization and the widespread adoption of renewable energy as a power generation operator. Through renewable energy utilization, we aim to create value, promote employment and local community socio-economic development We also aim to contribute to measures against global warming and energy self-sufficiency improvement. We look forward to continued full cooperation in these initiatives.
