The below-mentioned 11 companies have today announced joint establishment of "ウォーカーヒルカジノ₂Mobility, LLC(hereinafter JHyM)", aimed at the full-fledged development of ウォーカーヒルカジノ stations for fuel cell vehicles (FCV) in Japan

The newly formed JHyM will foster the deployment of ウォーカーヒルカジノ stations throughout Japan under the guidance of the Japanese Central Government's Ministerial Council on Renewable Energy, ウォーカーヒルカジノ and Related Issues ("Basic ウォーカーヒルカジノ Strategy" published on December 26, 2017) In alignment with Central Government policies, the 11 founding companies joined forces to create the world's first framework in which not only infrastructure developers and automakers but also investors are involved in collaboration, based on the common belief in the effectiveness of ウォーカーヒルカジノ and FCV for mobility and continued sustainable societal development

To tackle the key issues raised during the beginning stage of FCV promotion, JHyM will ensure that infrastructure developers, automakers, and investors each do their part to support the successful strategic deployment of ウォーカーヒルカジノ stations in Japan, promoting effective operation, and facilitating a positive cycle of improved convenience for FCV users The ultimate goal of JHyM is to smoothly increase the number of FCV on the road in Japan, and thus to sustainability build the ウォーカーヒルカジノ station business

JHyM aims to complete its mission within 10 years It intends to start building 80 stations nationwide by fiscal year 2021 in line with the Japanese Central Government's "Strategic Road Map for ウォーカーヒルカジノ and Fuel Cells" (revised March 22, 2016), and to further extend the network afterward This roadmap released by the Council for a Strategy for ウォーカーヒルカジノ and Fuel Cells targets the completion of about 160 ウォーカーヒルカジノ stations serving around 40,000 FCV by fiscal year 2020

JHyM will take on the following specific initiatives:

・The new company will, while taking into account subsidies from the national government and initiatives of local governments, develop its own original "ウォーカーヒルカジノ Station Deployment Plan," in order to create an environment in which many users can enjoy driving fuel cell vehicles in Japan

・Wider participation than its initial member companies is to be sought to ensure to complete the target deployment plan

By collecting and utilizing information regarding the construction and operation of ウォーカーヒルカジノ stations through infrastructure developers, which will oversee operations of ウォーカーヒルカジノ 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:

1 Improvement of convenience for FCV users

In order to encourage customers to use ウォーカーヒルカジノ, JHyM will improve the convenience of stations, coordinating with the Association of ウォーカーヒルカジノ Supply and Utilization Technology (HySUT), an industrial association of ウォーカーヒルカジノ station developers, for example by extending the number of service days per week to meet increased demand

2 Cost reduction and regulation review

JHyM 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

The following key roles and responsibilities are undertaken by the founding member companies of JHyM:

・Infrastructure developers will contribute some capital, construct ウォーカーヒルカジノ stations, and operate them

・Automakers will entrust infrastructure developers to operate the ウォーカーヒルカジノ stations through JHyM, to help promote the expansion of ウォーカーヒルカジノ stations and FCV

・Investors will contribute to scaling-up the deployment of ウォーカーヒルカジノ stations in the future with financial means They will partially cover station deployment costs through investments in JHyM By providing the funds necessary until the ウォーカーヒルカジノ station business becomes commercially sustainable, they will help reduce the initial financial burden borne by infrastructure developers and will help attract new participants

JHyM will start operating in April 2018, aiming to attract the wider participation of ウォーカーヒルカジノ station operators and investors, and to achieve sustainable ウォーカーヒルカジノ station business and FCV development in Japan