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Japan’s renewable energy market and JESCO’s approach

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Article - January 9, 2024

From energy innovations to real estate ventures – a glimpse into JESCO’s business evolution.

THE SOLAR PANEL PROJECT MANAGED BY JESCO

“We provide infrastructure, basically setting up the foundation for the energy companies to benefit from."

Toshihiro Matsumoto, Chairman & President, JESCO Holdings, Inc.

Founded in 1970, JESCO Holdings has had to diversify across various industries to deal with Japan’s changing landscape, but factors such as the quality of life, safety, and a strong economy have maintained its place as an attractive place to live. And this is where an investment opportunity lies linking with the company’s core business.

"Stability is important for any business out there, and this is especially true for real estate," Toshihiro Matsumoto, the company’s chairman and president explains, adding that increased investment from foreign investors has allowed the leveraging of exchange rate fluctuations to its advantage.

JESCO's commitment to sustainability is another element. With a focus on eco-friendly solutions, such as solar panels, the company is taking steps to shape a cleaner, more sustainable future for Japan. This journey involves not only renewable energy but also responsible recycling, as seen in their alliance with J&T Recycling Corporation, and an appreciation of getting the ideal energy mix which,  Mr. Matsumoto believes, would include hydrogen.

Strategic acquisitions have also played a vital role in securing high-quality human resources and skills in this field.

"Our bright future is very dependent on the expertise of skilled operators," Mr. Matsumoto states, and this is significant for expansion into Southeast Asia. "India is showing a lot of promise right now," he hints.

Mr. Matsumoto, who was nominated in the 'Good Ager Award of 2023’, has a clear commitment to the company's vision extending beyond numbers, focusing on making social contributions and ensuring the happiness of its employees.

"The key here is not necessarily being a big company, but rather being a good company," he concludes, targeting a more sustainable and prosperous future for all.

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