To Our Stakeholders
Since our founding in 1930, Iwatani Corporation has provided a wide range of products and services for both daily life and industrial applications, including energy, industrial gases, and materials, based on our corporate philosophy: Become a person needed by society, as those needed by society can prosper. These efforts are grounded in our desire to contribute to society by creating new value society will need in the future. This is the major driving force underlying the progress of our businesses.
Since 1941, when we identified hydrogen as the ultimate clean energy source, we have pushed for progress toward widespread use of hydrogen energy. In addition, under the corporate slogan adopted in 1970—Creation of a more comfortable space on the Earth is what Iwatani wishes and strives for—we are striving to help achieve the Sustainable Development Goals (SDGs) and realize carbon neutrality by 2050.
As a co-representative of the Japan Hydrogen Association and as a key member of the Hydrogen Council established chiefly by global energy firms, we are acting to promote use of hydrogen around the world with the aim of moving toward a hydrogen energy-based society. In addition, to help establish a hydrogen-based society, we concluded an investment agreement in September 2024 with the Japan Hydrogen Fund, Japan’s first investment fund dedicated to hydrogen applications.
We are focusing on developing hydrogen-refueling stations for fuel cell trucks, buses, and other commercial vehicles, whose widespread adoption is anticipated. In April 2024, Iwatani Cosmo Hydrogen Station LLC, a joint venture between Iwatani and Cosmo Oil Marketing Co., Ltd., opened Iwatani Cosmo Hydrogen Refueling Station Heiwajima to service large fuel cell trucks. In March 2025, the joint venture opened the Iwatani Cosmo Hydrogen Refueling Station Ariake Bus Depot. This is Japan’s first hydrogen-refueling station located inside a bus garage facility.
With hydrogen demand growing in breadth and in scale of applications, ranging from factory decarbonization efforts to fuel for real-world transportation and mobility, whether by train, marine craft, or other mode, we are also considering building a new liquid hydrogen plant at the Chiba Refinery of Cosmo Oil Co., Ltd. We remain committed to meeting customer demand to reduce carbon emissions.
Funded by the Green Innovation Fund of the New Energy and Industrial Technology Development Organization (NEDO), the Liquefied Hydrogen Supply Chain Commercialization Demonstration Project is a joint effort to establish a CO2-free hydrogen supply chain, backed by Iwatani and project partners. This project will establish world-leading large-scale hydrogen liquefaction and transport technologies.
Our main LPG business features a customer base of some 3.4 million households across Japan. We support the lives of our customers in various ways, including efforts to ensure stable supplies and provide solutions related to security, community contributions, and the environment. We’re making energetic strides to achieve LPG decarbonization, including research on supplying LPG mixed with hydrogen through a piping system and synthetic green LPG production. At Expo 2025 Osaka, Kansai, Japan, we’re supplying carbon offset LPG through the J-Credit Program to achieve net zero environmental impact. These measures are part of our evolution into the energy and living total service provider of choice for our customers and communities.
In April 2024, to accelerate efforts to strengthen corporate value, we also concluded an agreement on a capital and business alliance with Cosmo Energy Holdings Co., Ltd. Both companies will move forward with efforts to establish a decarbonized society through the hydrogen business and related activities, in addition to examining joint efforts related to LPG and in other existing business fields.
As we advance toward our 100th anniversary and beyond, we remain firmly committed to achieving sustained growth, and will continue to offer new value to all our stakeholders.
Chairman and CEO
President