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Other Disclosures2931Euglena Co.,Ltd.Food

Japan’s first use of “SUSTEO 51,” a fuel blended with 51% HVO, in route buses, by Tokyu Bus and euglena

At 東急バス株式会社’s Seta営業所, the fuel used by 65 route buses was changed to “SUSTEO 51,” a biodiesel fuel blended with 51% HVO, beginning in April 2026. Annual CO₂ emissions are expected to be reduced by approximately 1,300 tonnes compared with conventional diesel fuel.

Worth reading
70In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
1300
Approximately 1,300 tonnes of CO₂ emissions reduced annually
Wording
Conditional
How definitive the wording is.

Announced details

SUSTEO 51 biodiesel fuelSUSTEO biodiesel fuel brand
Applicable field (uses covered by this announcement)

Route buses, the transport sector, public transportation

Launch dateUse began in April 2026 (actual)
What the company reported numerically
Quantitative Effects

Approximately 51% lower CO₂ emissions than conventional diesel fuel, with an expected annual reduction of approximately 1,300 tonnes of CO₂ emissions

Usage history

Fueling began in April 2026 for 65 route buses assigned to 東急バス株式会社’s Seta営業所.

Relationship between the counterparty and the company
Euglena Co.,Ltd.2931
Relationship with the Company

A joint initiative by 東急バス株式会社 and Euglena Co.,Ltd. Fuel supplied by Euglena Co.,Ltd. is being introduced for route buses operated by 東急バス株式会社.

Counterparty東急バス株式会社Euglena Co.,Ltd.

東急バス株式会社: Headquartered in Meguro-ku, Tokyo, and led by President Furukawa Takashi (古川卓). It operates route buses and has 12営業所 and 949 buses. Euglena Co.,Ltd.: Headquartered in Minato-ku, Tokyo, and led by President Izumo Mitsuru (出雲充). It supplies SUSTEO biodiesel fuel.

Location (as indicated in this announcement)

東急バス株式会社 Seta営業所

65 route buses and annual diesel fuel consumption of approximately 1,000 kL. Two wrapped buses at the営業所 are scheduled to begin operating sequentially from mid-May 2026 onward.

In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.

Source (materials cited by the company)

Act on Promotion of Global Warming Countermeasures, Tokyo Metropolitan Government’s “Technology Development Support Program for the Promotion of New Energy,” and the amended Energy Conservation Act

Announced details
ItemDetails
Names of Products / Services CoveredSUSTEO 51 biodiesel fuel, SUSTEO biodiesel fuel brand
Counterparty東急バス株式会社, Euglena Co.,Ltd.
Counterparty overview東急バス株式会社: Headquartered in Meguro-ku, Tokyo, and led by President Furukawa Takashi (古川卓). It operates route buses and has 12営業所 and 949 buses. Euglena Co.,Ltd.: Headquartered in Minato-ku, Tokyo, and led by President Izumo Mitsuru (出雲充). It supplies SUSTEO biodiesel fuel.
Relationship with the CompanyA joint initiative by 東急バス株式会社 and Euglena Co.,Ltd. Fuel supplied by Euglena Co.,Ltd. is being introduced for route buses operated by 東急バス株式会社.
Launch dateUse began in April 2026 (actual)
Applicable areaRoute buses, the transport sector, public transportation
Location東急バス株式会社 Seta営業所
Location scale65 route buses and annual diesel fuel consumption of approximately 1,000 kL. Two wrapped buses at the営業所 are scheduled to begin operating sequentially from mid-May 2026 onward.
Quantitative EffectsApproximately 51% lower CO₂ emissions than conventional diesel fuel, with an expected annual reduction of approximately 1,300 tonnes of CO₂ emissions
Usage historyFueling began in April 2026 for 65 route buses assigned to 東急バス株式会社’s Seta営業所.
SourceAct on Promotion of Global Warming Countermeasures, Tokyo Metropolitan Government’s “Technology Development Support Program for the Promotion of New Energy,” and the amended Energy Conservation Act
Items this document does not state (7)
Contract ValueOffering priceContract DateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateImpact on Business Performance

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The initiative aims to establish a stable supply system for next-generation biodiesel fuel and advance its real-world deployment as part of the Tokyo Metropolitan Government’s technology development support program, thereby decarbonizing the transport sector, alleviating concerns among users and operators, and building public trust.

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Japan’s first use of “SUSTEO 51,” a fuel blended with 51% HVO, in route buses, by Tokyu Bus and euglena | Euglena Co.,Ltd. (2931) timely disclosure | Komori