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Pursuing innovation in business management, aspiring to play an even more important role in society.

Since its foundation in 1930, Iwatani Corporation has offered gas and energy to our lives and society in many different forms, based on its corporate philosophy: Become a person needed by society, as those needed by society can prosper.
The root of this lies in our wish to contribute to society by creating new value that society needs for the future and by meeting customers’ needs. This is the big driving force for our business.

In our mid-term management plan, which we have been executing in five stages since fiscal 2000, we have incorporated the basic principles of strengthening profitability and improving our financial structure. We have been pursuing structural reform with Gas & Energy as our core business and have made substantial improvements in our profitability and financial structure.

With a view toward continued growth, PLAN18, our mid-term management plan which started in the fiscal year ended March 2017, called for developing our growth strategy and expanding our operating foundation as part of our basic principles.

As a result, in the fiscal year ended March 2018, we set new record income levels for the third consecutive year and successfully achieved all of the numerical management targets contained in PLAN18 (ordinary income of 24 billion yen, ROA of 5.5% or higher and ROE of 10.0% or higher), a year ahead of the schedule.

Subsequently, we announced a new mid-term management plan, PLAN20, in the fiscal year ending March 2019. Themed “Evolution and Creation,” PLAN20 continues to maintain the basic principles for developing our growth strategy and expanding our operating foundations that were set forth in PLAN18, targeting sustained growth and improved corporate value.

Since 1941, we have regarded hydrogen as the ultimate clean energy source and have consistently engaged in initiatives to encourage its widespread use. Under the corporate slogan “A world where all enjoy true comfort – this is Iwatani’s desire,” we strive to solve environmental concerns with the aim of achieving a carbon free society through the use of hydrogen.

In addition, we are a steering member of the Hydrogen Council, a global initiative of leading energy, transport and industry companies with a united vision and long-term ambitions for hydrogen to foster the energy transition. To stimulate new hydrogen demand, we are developing hydrogen refueling stations with the aim of the widespread distribution of fuel cell vehicles (FCVs) that do not discharge carbon dioxide while the car is in motion. Relevant initiatives are being promoted in cooperation with Japan H2 Mobility, LLC (JHyM), which was established jointly by infrastructure operators, automotive manufacturers, financial investors and other stakeholders as the driving force for developing hydrogen refueling stations. We also participate in initiatives involving carbon-free hydrogen, including a demonstration project for the production, transportation and storage of large quantities of liquid hydrogen derived from brown coal in Australia and the Fukushima Plan for a New Energy Society, one of the world’s largest hydrogen production projects, using renewable energy with zero CO2 emissions.

By maximizing the knowhow we have accumulated over many years, we will continue the pursuit of a hydrogen energy society.

Here at the Iwatani Group, we will continue to offer new value to all of our customers, shareholders, investors, suppliers, local communities and our employees, so that we can continue to grow and develop as an evolving comprehensive energy service provider.

Akiji Makino
Chairman and CEO

Mitsuhiro Tanimoto