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MIRARTH Energy Solutions and Its Sustainable Initiative

MIRARTH Holdings, a leading player in the energy sector, proudly announces that its subsidiary, MIRARTH Energy Solutions (MES), is now supplying 100% renewable energy to high-end rental apartments managed by another group company, Leben Trust. This initiative marks a significant step toward achieving carbon neutrality and contributing positively to the environment.

Details of the Renewable Energy Supply

The renewable energy provided by MES is generated from its own renewable energy power plants. This energy will be supplied to Hochzeit*Management properties, specifically focusing on the common areas of the luxurious LUXENA apartments. The transition to renewable energy started in August and will continue sequentially across its locations.

The renewable energy supply is part of a specific wholesale contract with Kagawa Electric Power Co., Ltd., which facilitates direct electricity supply from designated renewable sources to retail electricity businesses.

Power Generation Capacity and Future Plans

At present, MES operates renewable energy power plants with an outstanding generation capacity of approximately 385 MW. The firm's aim is to further extend the properties that will receive this renewable energy in the future, reinforcing its commitment to sustainability.

The Drive Towards a Carbon-Neutral Society

The push for decarbonization is more crucial than ever as society aims for carbon neutrality by 2050. In Japan, greenhouse gas emissions from households account for around 16% of the total emissions. While many corporations strive for carbon neutrality, progress in reducing emissions from households has been slower. This new endeavor is expected to significantly contribute to lowering household emissions.

Through this initiative, the MIRARTH Holdings group reinforces its purpose: “Designing a sustainable environment to bring happiness to people and the planet.” This aligns with global sustainability goals aimed at reducing carbon footprints and promoting environmental stewardship.

Corporate Information

Kagawa Electric Power Co., Ltd.

• - Representative: Hiroyuki Miyamae
• - Location: 4F, Takamatsu Central Sky Building, 10-5 Tenjinmae, Takamatsu, Kagawa 760-0018
• - Founded: April 2016
• - Business: Electricity trading and brokerage
• - Capital: 100 million yen
• - Website: kagawa-epco.co.jp

Essential Energy Co., Ltd.

• - Representative: Yoshihiro Iwase
• - Location: 2F, Ichigaya Science and Technology Innovation Center, 3-8 Ichigaya Tatekawa, Shinjuku, Tokyo 162-0843
• - Founded: April 1996
• - Business: Retail electricity
• - Capital: 10 million yen
• - Website: mydenki.com

MIRARTH Holdings, Inc.

• - Representative: Kazuichi Shimada
• - Location: 16F, Steel Building, 1-8-2 Marunouchi, Chiyoda, Tokyo 100-0005
• - Founded: September 1972
• - Business: Management of group companies
• - Capital: 9,056 million yen
• - Website: mirarth.co.jp

MIRARTH Energy Solutions, Inc.

• - Representative: Kentaro Taniguchi
• - Location: 5F, Iidabashi Building, 1-18 Yoyogi, Shinjuku, Tokyo 162-0824
• - Founded: March 2016
• - Business: Renewable energy initiatives
• - Capital: 2,155 million yen
• - Website: mirarth-es.com

Leben Trust Co., Ltd.

• - Representative: Takahiro Nomura
• - Location: 13F, Shiba Park Building, 2-4-1 Shiba Koen, Minato, Tokyo 105-0011
• - Founded: January 2016
• - Business: Property management, rental, sales, brokerage, and construction
• - Capital: 60 million yen
• - Website: leben-trust.co.jp

Conclusion

As MIRARTH Holdings celebrates two years since its transition to a holding company system and commitment to sustainability, the MIRAI for EARTH project launched in October 2022 reinforces its dedication effectively. The initiatives are instrumental in not just reducing carbon footprints but fostering a culture of sustainability for a brighter future. For more information on the MIRAI for EARTH project, you can visit mirarth.co.jp/corporate/mirai-for-earth and delve into their mission to create a sustainable future.