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Other Disclosures9025Konoike Transport Co.,Ltd.Transportation and Logistics

Konoike Transport invests in Helical Fusion

Konoike Transport invested in Helical Fusion, a startup pursuing the commercial application of fusion power generation, and established a capital relationship with the company. It will explore opportunities to procure and use clean energy for its business in the future.

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Announced details

Helical-type commercial fusion reactor; fusion energy (nuclear fusion power generation)
Applicable field (uses covered by this announcement)

Fusion power generation, clean energy, electricity for refrigerated and frozen warehouses, and stable energy supply

Relationship between the counterparty and the company
Konoike Transport Co.,Ltd.9025
Relationship with the Company

Konoike Transport acquired an equity stake in Helical Fusion. The investment amount and ownership ratio were not disclosed.

CounterpartyHelical Fusion, Inc.

6F, N&E BLD, 1-12-4 Ginza, Chuo-ku, Tokyo. Established in October 2021. Its representative director and CEO is Taguchi Koya (田口昂哉). The startup designs and manufactures helical-type commercial fusion reactors and develops related technologies.

Location (as indicated in this announcement)

6F, N&E BLD, 1-12-4 Ginza, Chuo-ku, Tokyo

Impact on Business Performance

No impact on financial results was stated.

The company does not address Contract Value / Offering price.

Source (materials cited by the company)

The Japanese government's Fusion Energy Innovation Strategy and research findings from the National Institute for Fusion Science

Announced details
ItemDetails
Names of Products / Services CoveredHelical-type commercial fusion reactor; fusion energy (nuclear fusion power generation)
CounterpartyHelical Fusion, Inc.
Counterparty overview6F, N&E BLD, 1-12-4 Ginza, Chuo-ku, Tokyo. Established in October 2021. Its representative director and CEO is Taguchi Koya (田口昂哉). The startup designs and manufactures helical-type commercial fusion reactors and develops related technologies.
Relationship with the CompanyKonoike Transport acquired an equity stake in Helical Fusion. The investment amount and ownership ratio were not disclosed.
Applicable areaFusion power generation, clean energy, electricity for refrigerated and frozen warehouses, and stable energy supply
Location6F, N&E BLD, 1-12-4 Ginza, Chuo-ku, Tokyo
Impact on Business PerformanceNo impact on financial results was stated.
SourceThe Japanese government's Fusion Energy Innovation Strategy and research findings from the National Institute for Fusion Science
Items this document does not state (10)
Contract ValueOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocation scaleQuantitative EffectsUsage history

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 support Helical Fusion's efforts to commercialize fusion energy in anticipation of future changes in the energy supply structure, while exploring the potential for stable, clean energy procurement for the Konoike Transport Group's business activities.

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Konoike Transport invests in Helical Fusion | Konoike Transport Co.,Ltd. (9025) timely disclosure | Komori