Building a Hydrogen Supply Network Through a Capital and Business Alliance with Cosmo Energy Holdings
First written in FY2024. 2 of 3 entries say "Advanced", first in FY2025-H1. Latest entry: FY2025.
13 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「① Initiatives toward achieving a decarbonised society; infrastructure development for a hydrogen energy society; domestic green hydrogen production; expansion of decarbonisation-related businesses; and promotion of next-generation fuel development」
For the capital and business alliance with COSMO ENERGY HOLDINGS COMPANY,LIMITED, the Company specified concrete areas for discussion under the alliance promotion committee, including hydrogen infrastructure, domestic green hydrogen, next-generation fuels, and strengthening procurement, production and sales in existing businesses. - FY2025-H1AdvancedAnnual report
「Going forward, the companies will discuss and advance specific alliance initiatives through an alliance promotion committee to be established between them.」
For the capital and business alliance with COSMO ENERGY HOLDINGS COMPANY,LIMITED, the Company specified an operating framework for developing the alliance through an alliance promotion committee chaired by the representative directors of both companies. - FY2024First statedAnnual report
「The Company and COSMO ENERGY HOLDINGS COMPANY,LIMITED agreed to enter into a capital and business alliance, having reached a shared view that, toward carbon neutrality in 2050 and amid changing energy demand, deeper collaboration drawing on the management resources and expertise of both companies to facilitate a smooth transition from fossil fuels, including LPG and oil, to hydrogen and renewable energy would create new synergies and contribute to enhancing the corporate value of both companies.」
The capital and business alliance agreement dated 23 April 2024 newly established a framework for discussing the expansion of hydrogen station infrastructure, domestic green hydrogen production, and the construction of a hydrogen supply network spanning production, supply and retail.