Announced details
Corporate decarbonisation and procurement of renewable energy environmental value
Procurement of renewable energy environmental value equivalent to approximately 2.065 million kWh per year
The company is responsible for balancing supply and demand and selling electricity into the market. KONICA MINOLTA,INC. and RICOH LEASING COMPANY,LTD. are parties to the virtual PPA. Capital and personnel relationships: not disclosed
KONICA MINOLTA,INC.: Head office in Chiyoda-ku, Tokyo; Representative Executive Officer, President and CEO: Daiko Toshimitsu (大幸利充). RICOH LEASING COMPANY,LTD.: Head office in Minato-ku, Tokyo; Representative Director, President and Executive Officer: Nakamura Noriharu (中村徳晴). Other details: not disclosed
First plant: the roof of a logistics facility in Osaka City. Remaining 2 plants: not disclosed
Fixed price for 20 years (specific unit price: not disclosed)
The company does not address Contract Value / Impact on Business Performance.
| Item | Details |
|---|---|
| Names of Products / Services Covered | Virtual PPA (trading of renewable energy environmental value) |
| Counterparty | KONICA MINOLTA,INC.; RICOH LEASING COMPANY,LTD. |
| Counterparty overview | KONICA MINOLTA,INC.: Head office in Chiyoda-ku, Tokyo; Representative Executive Officer, President and CEO: Daiko Toshimitsu (大幸利充). RICOH LEASING COMPANY,LTD.: Head office in Minato-ku, Tokyo; Representative Director, President and Executive Officer: Nakamura Noriharu (中村徳晴). Other details: not disclosed |
| Relationship with the Company | The company is responsible for balancing supply and demand and selling electricity into the market. KONICA MINOLTA,INC. and RICOH LEASING COMPANY,LTD. are parties to the virtual PPA. Capital and personnel relationships: not disclosed |
| Offering price | Fixed price for 20 years (specific unit price: not disclosed) |
| Launch date | 15 October 2026 (first solar power plant began operations; actual result). The remaining 2 plants are scheduled to begin operations in 2027 |
| Applicable area | Corporate decarbonisation and procurement of renewable energy environmental value |
| Location | First plant: the roof of a logistics facility in Osaka City. Remaining 2 plants: not disclosed |
| Location scale | 3 rooftop solar power plants |
| Quantitative Effects | Procurement of renewable energy environmental value equivalent to approximately 2.065 million kWh per year |
Items this document does not state (8)
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.Fixing the unit price over an extended period reduces exposure to price fluctuations and enables the company to secure the environmental value of renewable energy while having visibility into future procurement costs.