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Other Disclosures8424Fuyo General Lease Co.,Ltd.Financials (excluding banks)

Introduction of electricity generated from renewable energy sources at Ochanomizu Sola City

From 1 September 2021, all electricity used at Ochanomizu Sola City will be switched to electricity generated from renewable energy sources. This will effectively reduce CO2 emissions associated with electricity purchases to zero, with an estimated annual reduction of approximately 6,000 tonnes of CO2.

Worth reading
56In 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
6000
Estimated annual CO2 reduction of approximately 6,000 tonnes
Wording
Conditional
How definitive the wording is.

Announced details

Electricity generated from renewable energy sources (RE100 Menu)
Applicable field (uses covered by this announcement)

All electricity used at Ochanomizu Sola City. Applications include offices, retail stores, university and other education-related facilities, halls and meeting rooms, cultural exchange facilities, and parking facilities.

Launch date1 September 2021 (scheduled)
What the company reported numerically
Quantitative Effects

Estimated annual CO2 reduction of approximately 6,000 tonnes; zero CO2 emissions from electricity purchases

Relationship between the counterparty and the company
Fuyo General Lease Co.,Ltd.8424
Relationship with the Company

大成建設株式会社, ヒューリックリート投資法人, 安田不動産株式会社, 芙蓉総合リース株式会社, 大成有楽不動産株式会社 and ヒューリック株式会社 are jointly promoting the Ochanomizu Sola City project. A contract has been entered into with KDDI Corporation for the introduction of electricity generated from renewable energy sources.

CounterpartyKDDI Corporation株式会社エナリス・パワー・マーケティング

KDDI Corporation: Head office in Chiyoda-ku, Tokyo; Representative Director, President: Takahashi Makoto (髙橋誠). 株式会社エナリス・パワー・マーケティング: Described as an electricity supplier. Other details: not disclosed.

Location (as indicated in this announcement)

4-6 Kanda-Surugadai, Chiyoda-ku, Tokyo

Total floor area: 102,231.55 m² (including the storehouses); 23 floors above ground and 2 basement floors; approximately 110 m in height

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

Announced details
ItemDetails
Names of Products / Services CoveredElectricity generated from renewable energy sources (RE100 Menu)
CounterpartyKDDI Corporation, 株式会社エナリス・パワー・マーケティング
Counterparty overviewKDDI Corporation: Head office in Chiyoda-ku, Tokyo; Representative Director, President: Takahashi Makoto (髙橋誠). 株式会社エナリス・パワー・マーケティング: Described as an electricity supplier. Other details: not disclosed.
Relationship with the Company大成建設株式会社, ヒューリックリート投資法人, 安田不動産株式会社, 芙蓉総合リース株式会社, 大成有楽不動産株式会社 and ヒューリック株式会社 are jointly promoting the Ochanomizu Sola City project. A contract has been entered into with KDDI Corporation for the introduction of electricity generated from renewable energy sources.
Launch date1 September 2021 (scheduled)
Applicable areaAll electricity used at Ochanomizu Sola City. Applications include offices, retail stores, university and other education-related facilities, halls and meeting rooms, cultural exchange facilities, and parking facilities.
Location4-6 Kanda-Surugadai, Chiyoda-ku, Tokyo
Location scaleTotal floor area: 102,231.55 m² (including the storehouses); 23 floors above ground and 2 basement floors; approximately 110 m in height
Quantitative EffectsEstimated annual CO2 reduction of approximately 6,000 tonnes; zero CO2 emissions from electricity purchases
Items this document does not state (9)
Contract ValueOffering priceContract DateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateUsage historyImpact on Business PerformanceSource

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.

To advance initiatives to further reduce the environmental impact of Ochanomizu Sola City from an environmental perspective.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Introduction of electricity generated from renewable energy sources at Ochanomizu Sola City | Fuyo General Lease Co.,Ltd. (8424) timely disclosure | Komori