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Other Disclosures9517eREX Co.,Ltd.Electricity and gas

Hachinohe Biomass Power Plant to provide environmental value to East Japan Railway Company through a virtual PPA, promoting decarbonization in the railway business

From April 2026, Hachinohe Biomass Power Plant will transition from the FIT scheme to the FIP scheme and provide East Japan Railway Company, through the イーレックス Group, with environmental value equivalent to the full amount generated by the plant through a virtual PPA.

Worth reading
69In 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
85000000
kWh/year (annual reduction of approximately 35,000 t-CO2, equivalent to approximately 2% of East Japan Railway Company's CO2 emissions)
Wording
Definitive
How definitive the wording is.

Announced details

Environmental value from Hachinohe Biomass Power Plant; virtual PPA
Applicable field (uses covered by this announcement)

Decarbonization of East Japan Railway Company's railway business

Launch dateFrom April 2026 (scheduled)
What the company reported numerically
Quantitative Effects

Annual reduction of approximately 35,000 t-CO2, equivalent to approximately 2% of East Japan Railway Company's CO2 emissions

Usage history

Since operations began in April 2018, the plant has supplied electricity equivalent to the consumption of approximately 27,000 households.

Relationship between the counterparty and the company
eREX Co.,Ltd.9517
Relationship with the Company

八戸バイオマス発電株式会社 was jointly established by Sumitomo Forestry Co.,Ltd., Sumitomo Osaka Cement Co.,Ltd. and East Japan Railway Company. East Japan Railway Company is also an 18% investor in Hachinohe Biomass Power Plant. The イーレックス Group serves as the channel through which the environmental value is provided.

CounterpartyEast Japan Railway Company (JR East)

Based in Shibuya-ku, Tokyo. Representative Director and President: Kise Yoichi (喜㔟陽一). The company operates a railway business and has long-term targets of reducing CO2 emissions by 50% from fiscal 2013 levels by fiscal 2030 and achieving net zero by fiscal 2050.

Award/certification name

Certification of a biomass power generation facility using regional resources

Location (as indicated in this announcement)

76-370 Hamana-Yachi, Oaza Kawaragi, Hachinohe, Aomori Prefecture

Generation capacity: 12,400 kW; estimated electricity generation: approximately 85 million kWh/year

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

Announced details
ItemDetails
Names of Products / Services CoveredEnvironmental value from Hachinohe Biomass Power Plant; virtual PPA
CounterpartyEast Japan Railway Company (JR East)
Counterparty overviewBased in Shibuya-ku, Tokyo. Representative Director and President: Kise Yoichi (喜㔟陽一). The company operates a railway business and has long-term targets of reducing CO2 emissions by 50% from fiscal 2013 levels by fiscal 2030 and achieving net zero by fiscal 2050.
Relationship with the Company八戸バイオマス発電株式会社 was jointly established by Sumitomo Forestry Co.,Ltd., Sumitomo Osaka Cement Co.,Ltd. and East Japan Railway Company. East Japan Railway Company is also an 18% investor in Hachinohe Biomass Power Plant. The イーレックス Group serves as the channel through which the environmental value is provided.
Launch dateFrom April 2026 (scheduled)
Applicable areaDecarbonization of East Japan Railway Company's railway business
Award/certification nameCertification of a biomass power generation facility using regional resources
Location76-370 Hamana-Yachi, Oaza Kawaragi, Hachinohe, Aomori Prefecture
Location scaleGeneration capacity: 12,400 kW; estimated electricity generation: approximately 85 million kWh/year
Quantitative EffectsAnnual reduction of approximately 35,000 t-CO2, equivalent to approximately 2% of East Japan Railway Company's CO2 emissions
Usage historySince operations began in April 2018, the plant has supplied electricity equivalent to the consumption of approximately 27,000 households.
Items this document does not state (7)
Contract ValueOffering priceContract DateAwarding / certifying bodyRegistration number and expiry dateImpact 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.

The Ministry of Economy, Trade and Industry is promoting the transition of FIT-scheme power sources to the FIP scheme to establish renewable energy as a primary power source. The initiative also aims to make renewable energy power sources self-sustaining and help create a carbon-neutral society.

How to read this page

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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.
Hachinohe Biomass Power Plant to provide environmental value to East Japan Railway Company through a virtual PPA, promoting decarbonization in the railway business | eREX Co.,Ltd. (9517) timely disclosure | Komori