Open research and development centered on the Central Research Institute

「The 100 kW pure-hydrogen fuel-cell power generation facility installed to achieve carbon neutrality at the research institutes has been operating smoothly and is contributing to reductions in the institutes' CO2 emissions.」

「At the Iwatani Hydrogen Technology Research Institute, the Company used state-of-the-art hydrogen testing and research facilities to evaluate materials and equipment compatible with cryogenic liquid hydrogen and ultra-high-pressure compressed hydrogen gas, while pursuing R&D aimed at reducing hydrogen station construction costs and enhancing safety. It also advanced technology for recovering liquid hydrogen's cold energy for use in buildings at the institute, as well as filling technology for the future commercialisation of liquid hydrogen stations.」

「The Company installed pure-hydrogen fuel cells at the Central Research Institute and the Iwatani Hydrogen Technology Research Institute, and is conducting demonstration research on an energy management system using the cold energy of liquid hydrogen, with the aim of establishing energy supply models for factories and offices.」

「As new development themes, the Company also began work on liquid hydrogen cold-energy recovery technology and filling technology for the future commercialisation of liquid hydrogen stations.」

「To further develop the hydrogen technologies being advanced at the Central Research Institute, the Company established the Iwatani Hydrogen Technology Research Institute on 1 October 2021. Using state-of-the-art hydrogen testing and research facilities, it evaluated materials and equipment compatible with cryogenic liquid hydrogen and ultra-high-pressure compressed hydrogen gas, while accelerating R&D aimed at reducing hydrogen station construction costs and enhancing safety.」

「In particular, the Company used its state-of-the-art hydrogen testing and research facilities to evaluate materials and equipment compatible with cryogenic liquid hydrogen and ultra-high-pressure compressed hydrogen gas. It also strengthened its core technologies, focused on analysis, and actively pursued joint research with universities and public research institutions and joint development with partner companies, working to enhance its value as 'Iwatani, the technology company.'」

「The Central Research Institute in Amagasaki, Hyogo Prefecture, the hub of the Group's R&D activities, promoted the development of new technologies and products covering all business areas as the control tower for the Company's technology and product development. It also strengthened its core technologies, focused on analysis, and actively pursued joint research with universities and public research institutions and joint development with partner companies under an open innovation initiative.」

「The Central Research Institute in Amagasaki, Hyogo Prefecture, the hub of the Group's R&D activities, updated its existing hydrogen testing and research facilities and introduced new equipment for evaluating hydrogen-compatible materials. Through proprietary research and extensive product evaluations, it worked to establish the Group's position as a pioneer in hydrogen.」

「R&D expenses for the Group as a whole during the cumulative first quarter were ¥456 million. There were no material changes in the status of the Group's R&D activities during the cumulative first quarter.」

「The Central Research Institute in Amagasaki, Hyogo Prefecture, the center of the Company's research and development activities, entered its fifth year since establishment and continued to enhance its functions while upgrading its facilities. As an open research institute, it maintained broad contact with users, partner companies, and educational and research institutions such as universities, promoted development focused on applied research and product development, and worked to improve research and development efficiency and speed by making effective use of publicly funded grant programs.」

「As an open research institute, it works with the sales division and engages with users and partner companies while conducting basic and applied research and developing products. It also makes effective use of joint research with universities and other institutions and publicly funded grant programs to improve research and development efficiency and accelerate development.」

「As an open research institute, the institute engages with users and partner companies while conducting basic and applied research and developing products.」