Press Release
August 6th, 2021
Sumitomo Corporation
Chiyoda Corporation
Toyota Motor Corporation
Japan Research Institute, Ltd.
Sumitomo Mitsui Banking Corporation

Feasibility Study on the receiving and distribution business of imported hydrogenin Chubu Region
Sumitomo Corporation (Head Office: Chiyoda-ku, Tokyo; Representative Director, President and Chief
Executive Officer: Masayuki Hyodo), Chiyoda Corporation (Head Office: Yokohama City, Kanagawa
Prefecture; President & COO : Masaji Santo), Toyota Motor Corporation (Head Office: Toyota City, Aichi
Prefecture; President and Representative Director : Akio Toyoda), Japan Research Institute, Limited(Head Office: Shinagawa-ku, Tokyo; Representative Director, President and CEO: Katsunori Tanizaki),and Sumitomo Mitsui Banking Corporation (Head Office: Chiyoda-ku, Tokyo; President and CEO:Makoto Takashima) (collectively, “Joint Contractors”) have been appointed by the New Energy andIndustrial Technology Development Organization ("NEDO") to conduct a feasibility study on thereceiving and distribution business of hydrogen in Chubu Region ("Study"). NEDO selected the Joint
Contractors in the public offeriing for "Development of Technologies for Realizing a Hydrogen
Society/Regional Hydrogen Utilization Technology Development/Hydrogen Production and Utilization
Potential Research" and the Study is scheduled to be conducted during FY2021 and FY2022.
In order to promote the utilization of hydrogen in Japan, it is essential not only to produce hydrogendomestically, but also to import large volumes of hydrogen from cost competitive areas. To materialize
large volume of imports, it is important to build supply chains from import terminals to demand
locations, and to put priority on identifying challenges and find its solutions.
Building on the previous study of potential hydrogen demand in Chubu region by the Hydrogen
Utilization Study Group (“Study Group”) conducted in February 2021, this Study will focus ondeveloping a large-scale hydrogen supply chain. The Study will also address the economic viability of
the large-scale receving and distribution business and sort out financial, technical and regulatory
challenges for commercialization assuming that hydrogen is imported in the Chubu region.
Iwatani Corporation, Chubu Electric Power Co., Inc., Toho Gas Co., Ltd., Air Liquide Japan G.K., andMitsubishi Chemical Corporation (collectively “Cooperation Companies”), as a member of Chubu
Hydrogen Utilization, and Joint Contractors have formed the consortium to complete this Study. Andalso cooperation of other member companies in the Study Group (Idemitsu Kosan Co., Ltd., ENEOS
Corporation, Kawasaki Heavy Industries, Ltd., JFE Engineering Corporation, Nippon Steel Corporation)

is expected to deepen the Study.
To achieve the Study Group's goal, “Social implementation of hydrogen in Chubu Region in 2025” inline with carbon neutrality in Japan in 2050, further progress toward FEED (Front End EngineeringDesign) stage will be considered with the completion of this Study.
< Reference Information >Outline & Scope of the Study

Cooperation

Scope of the study【Receiving】

CO2 Free H2Domestic
Receiving
Base

Supply Chain

Large Scale H2transportation【Distribution】【Utilization】
Power

Refining/Petro-Chem.
Factory
Port/Airport

Chiyoda Corporation
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URL: https://www.chiyodacorp.com/en/contact/index.php

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