Development and Deployment of Hydrogen Stations

「We opened the 岩谷コスモ水素ステーション有明自動車営業所 hydrogen station, dedicated to fuel-cell buses, at a Tokyo Metropolitan Bureau of Transportation depot.」

「In addition, 岩谷コスモ水素ステーション合同会社 was selected as the operator for hydrogen station development at 2 sites owned by the Tokyo Metropolitan Government, including a bus depot, the first such facility in Japan, and proceeded with efforts to construct hydrogen stations to meet demand from fuel-cell commercial vehicles.」

「In addition, we opened a hydrogen station at the outbound Ashigara Service Area on the Tomei Expressway, the first such station in Japan at a highway service or parking area, and pursued initiatives to expand demand.」

「In addition, we established a joint venture with コスモ石油マーケティング株式会社 to construct hydrogen stations for fuel-cell commercial vehicles.」

「In the hydrogen business, sales of liquefied hydrogen increased, but operating expenses associated with the expansion of hydrogen stations rose.」

「In addition, we agreed with COSMO ENERGY HOLDINGS COMPANY,LIMITED to collaborate in areas including the hydrogen station business and engineering related to hydrogen production.」

「We decided to acquire shares in the company after determining that further business expansion could be achieved by generating synergies through collaboration between the company’s manufacturing and engineering capabilities and its broad range of products, services and solutions, and our energy and hydrogen businesses. Going forward, the two companies will work to create new value through the development, construction and operation of “new energy stations,” and aim for sustainable growth as a “comprehensive energy company” supporting a carbon-neutral society.」

「In the hydrogen business, hydrogen sales increased, mainly to the semiconductor industry, but expenses rose due to a decline following large projects in hydrogen-related equipment and the expansion of hydrogen stations.」

「The hydrogen business was affected by a decline following large projects in hydrogen-related equipment, and depreciation expenses increased as hydrogen stations were expanded. However, hydrogen sales remained strong.」

「In Japan, we currently operate and develop a cumulative total of 53 hydrogen stations.」

「We opened the Iwatani Hydrogen Station Tokyo Kasai, which can provide full-scale refueling for fuel-cell buses, bringing the number of stations we operate to 28 as of the end of March 2020. In fiscal 2020, we had already opened 9 hydrogen stations and plan to open the 38th station in July.」

「We opened 4 hydrogen stations during the cumulative second quarter of the current fiscal year. We also plan to open the Iwatani Hydrogen Station Tokyo Kasai within the current fiscal year and are working on the construction of an additional 10 stations.」

「We also built 4 new hydrogen stations, including one in Wakayama, bringing the number of hydrogen stations we operate to 27.」

「To acquire expertise in operating hydrogen stations in the United States and establish a CO2-free hydrogen production and supply system in North America, we acquired 4 hydrogen stations in California.」

「We began self-service hydrogen refueling in October as a labor-saving measure for hydrogen stations.」

「We also introduced state-of-the-art hydrogen research equipment to reduce hydrogen station construction costs and strengthen safety technology.」

「To promote a hydrogen energy society, we developed the first hydrogen station in Okayama Prefecture in April.」

「In February, to promote the adoption of fuel-cell vehicles, 11 companies in total, including our company, hydrogen station operators, and automakers, established 日本水素ステーションネットワーク合同会社 to develop hydrogen stations on a full scale.」

「We promoted the establishment of a new company to provide development and operating support for hydrogen stations to promote the adoption of fuel-cell vehicles.」

「In the hydrogen business, in addition to constructing hydrogen stations for fuel-cell buses and fuel-cell forklifts, we began expanding liquefied hydrogen production facilities in Yamaguchi Prefecture in preparation for future growth in demand.」

「In addition to strengthening existing businesses and expanding overseas operations through M&A, we continued working on the construction of hydrogen stations and began expanding liquefied hydrogen production facilities in Yamaguchi Prefecture in preparation for future growth in demand.」

「In the hydrogen business, we continued working on the construction of hydrogen stations and began expanding liquefied hydrogen production facilities in Yamaguchi Prefecture in preparation for future growth in demand.」

「In addition to establishing a new cassette gas canister plant, we proceeded with the construction of new hydrogen stations toward realizing a hydrogen society.」

「Toward realizing a hydrogen society, we worked to develop hydrogen infrastructure, including the construction of 20 hydrogen stations, mainly in the four major metropolitan areas.」