As a result of discussions that began in May 2017, the following 11 companies have signed an agreement to form a new company in the spring of 2018, aimed at the full-fledged development of カジノスロット recharging stations (HRS) for fuel cell vehicles (FCV):Toyota Motor Corporation, Nissan Motor Co Ltd, Honda Motor Co Ltd, JXTG Nippon Oil & Energy Corporation, Idemitsu Kosan Co Ltd, Iwatani Corporation, Tokyo Gas Co Ltd, Toho Gas Co Ltd, Air Liquide Japan Ltd, カジノオンライン, andDevelopment Bank of Japan Inc

The new company will be established to accelerate Japan's カジノスロット initiative - which is driven mainly by these 11 companies - toward the achievement of Japan's common target shared by the government and industries regarding the development of カジノスロット recharging stations According to the "Strategic Road Map for カジノスロット and Fuel Cells" (revised March 22, 2016) released by the Council for a Strategy for カジノスロット and Fuel Cells, an industry body organized by the Ministry of Economy, Trade and Industry (METI) of Japan, in the initial phase of promoting fuel cell vehicles powered by カジノスロット, the target penetration is 160 stations and 40,000 fuel cell vehicles by FY 2020

The objective of the new company is to enhance the collaboration among infrastructure developers, automakers, and financial institutions in order to simultaneously accelerate and scale up Japan's deployment of HRS and FCV

The new company will take on the following specific initiatives:

・The company will aim to complete its mission in 10 years During the first four years in Phase 1, the new company intends to target the construction of 80 new stations To achieve this target, new member companies, extending beyond the current member companies, will be invited to participate

・The new company will, while taking into account subsidies from the national government and initiatives of local governments, develop its own original “カジノスロット Recharging Station Deployment Plan,” in order to create an environment in which many users can enjoy driving fuel cell vehicles in Japan

By collecting and utilizing information regarding the construction and operation of カジノスロット recharging stations through infrastructure developers, which will oversee operations of カジノスロット recharging stations, the new company, which will deploy and own stations nationwide, will contribute to efficient operations and other road map objectives in the following ways:

・Improvement of convenience for FCV users
In order to encourage customers to use カジノスロット, the new company will improve the convenience of stations, coordinating with the Association of カジノスロット Supply and Utilization Technology (HySUT), which has already begun actively expanding the market, for example by extending the number of service days per week to meet increased demand

・Cost reduction and regulation review
The new company will collaborate with external organizations, such as the Fuel Cell Commercialization Conference of Japan (FCCJ) and HySUT, to reduce cost by addressing issues such as the standardization of equipment and revision of regulations

To carry out these actions, member companies will play the following key roles:

・Infrastructure developerswill invest in and construct カジノスロット recharging stations, and operate them, on behalf of the new company;

・Automakerswill contribute financially to the operations of the new company in order to efficiently deploy カジノスロット recharging stations, improve convenience for users, and boost public awareness, while also striving for higher penetration of fuel cell vehicles during Phase 1;

・Financial institutionsカジノスロット partially cover HRS deployment costs through investments By providing the funds necessary until the HRS business becomes commercially sustainable, financial institutions will help reduce the financial burden borne by infrastructure developers during Phase 1 and will help attract new participants

The new company will aim to seek wider participation by HRS-operating companies and investors, to achieve a sustainable HRS business and FCV penetration as swiftly as possible, thus contributing to the creation of a full-fledged カジノスロット society in Japan