There is a harsh competitive environment in the electric power retail market due to companies from different industries entering the market, major power companies playing catch up, and continuous changes in the electric power business system. Meanwhile, as demonstrated by the entry into force of the Paris Accord and increasing focus on ESG investment, energy businesses must simultaneously pursue not only economic benfits but also environmental benefits. Japan’s Strategic Energy Plan approved by the cabinet stipulates making renewable energy the main power source by 2030, accounting for 20–24% of total energy production. Against this backdrop, creating a business model that responds to the dynamically changing market environment and diversifying needs of members of local communities is growing even more important.

Creating a structure that can respond to more diverse needs, from power generation to sales
The division has conducted business activities aimed at “becoming a one-of-a-kind presence that provides new services through electric power and heat” using the strength of our unified system from power generation through sales. Going forward as well, in the power generation field, we will pursue the balance of environmental benefits and economic benefits by strengthening renewable energy business incorporating financial solutions. Furthermore, in the sales field, together with our regional business partners with strong customer bases, we will provide services rooted in the local community such as new services and integrated energy services combining power and heat incorporating digital technologies and contribute to local development.