News / IR

I would like to say a few words as we welcome in the new year of 2022.

As we begin the year, I would also like to express my sincere gratitude to all the stakeholders who have continually supported Blue Capital Management and the Blue Group.

The Glasgow Climate Change Conference (COP26) was held in the United Kingdom from October 31 to November 13 last year.
An agreement was reached about the rate of the rise in temperature at this conference. The Paris Agreement adopted at COP21, which was held in Paris, France in 2015, stated an aim to keep the average rise in temperature across the globe within 1.5 degrees Celsius if possible and no more than 2 degrees Celsius compared to before the Industrial Revolution. In contrast to this, the target was strengthened to keep the rise in temperature within 1.5 degrees Celsius at COP26. In addition, agreement was reached to gradually reduce coal-fired thermal power generation and to stop support of use of inefficient fossil fuels.
Furthermore, the targets announced by Japan include the aim to reduce greenhouse gas emissions by 46% by 2030 and to then further decrease emissions to 50% and the aim to be carbon neutral by 2050. Under these aims, Prime Minister Fumio Kishida positioned the period up to 2030 as a “do-or-die 10 years” and called for the world to take measures against climate change at the World Leaders Summit. The pace of the decarbonization of the world during the “do-or-die 10 years” will further accelerate.
We will promote our business while thinking hard about what we can do and what we should do toward these targets and issues.

In addition, the world is facing critical situations. These include the COVID-19 pandemic that has yet to be brought to an end and an increase in the frequency and severity of natural disasters associated with climate change.
We are aiming for safe development and sustainable power supply as a company that plays a role in the supply of energy.
However, we were unfortunately unable to coordinate well with the government and local residents last year. I apologize for the concern local residents and stakeholders in some areas felt.

We will communicate even more closely with affiliated companies, the government, and local residents this year. We will thoroughly comply with laws and appropriately respond to all projects.
We will create sustainable new value and work to solve social issues in the future. We will do this by actively taking on the challenge of new businesses looking to the future. This will include the construction of all-electric eco-resorts which use self-consumption type solar systems that do not rely on FIT and supply of electricity to companies that demand power with power purchase agreement (PPA) and power producer and supplier (PPS) systems.
The Blue Group will come together to work as “One Team” to make an even greater leap forward this year. I would appreciate your continued support.

Hideo Harada
Chairman and CEO
Blue Capital Management Co., Ltd.