2000s
2000
The 70th anniversary of the founding of the company was marked. Mr. Akiji Makino became President. LNG sales companies were established jointly with regional electric power companies at Kansai, Chubu and Hokuriku in 2000 and 2001. The world's first technology to run a diesel vehicle with LPG energy was developed in collaboration with the National Research Industrial Institute etc. "The Self-Stationα" - a simplified LPG filling system - was developed.

2001
"Inspection & Gas Safety Corporation", which boasted advanced expertise, was established.
2002
The construction of the "Hydrogen Station" in Yokohama was completed, following Japan's first Hydrogen Station in Osaka. The company took the initiative in building hydrogen infrastructure together with the development of Japan's first "Mobile Hydrogen Station".

2003
The company became the first private business in Japan to buy two fuel-cell vehicles (Honda FCX and Toyota FCHV), and held exhibitions and test-drive events across the country. Construction of the company's third Hydrogen Station was completed in Ariake, Tokyo. A pickup truck and a welfare minibus using the next generation fuel, DME, were also co-developed.

2004
An executive officer system was introduced. Japan's first long-distance, high-speed driving with fuel cell vehicles on expressways between Tokyo and Osaka was successfully completed. Gas canisters and cooking gas stoves were urgently supplied to areas of devastated by the Mid-Niigata Prefecture Earthquakes along with the dispatch of the Marui Gas Emergency Taskforce.
2005
Shikoku Iwatani Sangyo Co., Ltd. was established as a separate entity. A mobile hydrogen station using liquid hydrogen technology was co-developed with the Kansai Electric Power Co., Inc. A domestic LPG reformed fuel cell cogeneration system was installed in collaboration with Toshiba Fuel Cell Power Systems Corporation, and demonstration operation was started.

2006
Construction of Japan's third national LPG storage base, the Kamisu National LPG Stockpiling Base (storage capacity: 200,000 tons), was completed.
The company bought 'RX-8 Hydrogen RE', a hydrogen rotary engine vehicle developed by Mazda Motor Corporation.
Hydroedge Co., Ltd, jointly established with Sakai LNG Co., Ltd. in 2004, started operation for producing liquid hydrogen and air separation gases. The mid-term management plan, "PLAN 08", was unveiled to the public.
The company won the "Konstantin Tsiolkovsky Award" from the International Association for Hydrogen Energy.
The company held the Hydrogen Energy Forum aiming at the early realization of hydrogen society.

2007
"JHFC Kansai International Airport Hydrogen Station", a satellite hydrogen station that is expandable in parallel with a rise in demand for hydrogen, launched. Koga Energy Co., Ltd., a natural gas supplier, entered into full-scale operations. Koga Energy has engaged in not only wholesale supply of natural gas to general gas suppliers who are shifting batch supply of LPG toward natural gas business but direct supply of natural gas to bulk industrial gas customers. Hanoi Representative Office established in Hanoi, Vietnam in July and "Inspection&Iwatani Welding Seminar in Hanoi 2007" held at Hanoi Daewoo Hotel in November. "Inspection&Iwatani Hydrogen Energy Forum 2007" held at Keidanren Kaikan in Tokyo. "Inspection&Across the Country: FCV and Hydrogen-fueled Vehicle Caravan" held. The 33-day caravan covered ground of 5,930km. This grand event with a total of 9,000 participants included 34 science classes and 42 test-ride events that created a reality of hydrogen energy.
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