Towards Creating New Value Creation Domains
The Fuyo Lease Group is pioneering new frontiers of value creation by anticipating societal changes and customer needs, unconstrained by the existing business framework. Our Business Solution Division and Business Creation Division, responsible for new business development, explore businesses that address various social issues while functioning as operational units with an incubation mindset. This section of the report profiles two examples of initiatives in our new domains.
1. Participation in Carbon Credit Creation Projects
Achieving net zero greenhouse gas emissions constitutes one of the most pressing social issues going forward. In viewing carbon credits as a shared value that connects the environment and the economy in achieving balance between the two, we will strengthen our support of corporate decarbonization management through our active participation in creating and supplying carbon credits.
PhilippinesCapital and Business Agreement with Green Carbon, Inc.and Rice Paddy Credit Pilot Project
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In November 2024, we entered into a capital and business agreement with Green Carbon, Inc., which focuses on creating carbon credits derived from forestry and agriculture and engages in the business of carbon credit creation and sales support primarily in Japan and Asia
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Together with Green Carbon, Inc. and Nippon Koei Co., Ltd., participation in a project to create carbon credits proportional to the volume of reduction in methane gas emissions from rice paddies through alternate wetting and drying (AWD) irrigation
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Fuyo Lease contributes to corporate decarbonization management through creation and sales of carbon credits.
Project site in Province of Bulacan, Philippines
Hamamatsu CityCreation of Forest Credits
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Partnership agreement entered into with Hamamatsu City, home to one of Japan’s most extensive forest areas, to create voluntary carbon credits based on the VCS* through forest maintenance including woodland thinning in the city’s municipal forests (eight participating companies including Fuyo Lease)
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Began testing for the issuance of VCS credits applicable to the city’s planted forests of cedar and cypress trees in September 2024
Municipal forest in Tenryu Ward, Hamamatsu City
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*The Verified Carbon Standard (VCS) is a carbon credit standard administered and certified by Verra (based in Washington D.C.), an international voluntary carbon credit certification body. VCS carbon credit trading volume is the highest in the world.
2. CSV Urban Development, a Collective Solution to Various Social Issues
We will contribute to revitalization of communities and their sustainable progress by promoting urban development that will generate a heightened level of excitement, extending beyond specific real estate and businesses. This will include our involvement in transportation, energy, and culture development with the aims of increasing flows of people and expanding engaged populations connected with localities.
Kobe Arena Project
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The Kobe Arena Project entails the creation of a privately-operated arena. Opened in April 2025, GLION ARENA KOBE is located on the Kobe waterfront.
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Promotes new community appeal and urban development using sports led by the professional basketball team Kobe Storks, in addition to energizing the community by creating urban vitality and enhancing community walkability centered on the arena
Rendering of the front of GLION ARENA KOBE
Kobe Suma Sea World (Suma Aqualife Park and Seaside Park Redevelopment Project)
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Fully opened in June 2024 as part of the park redevelopment project involving a joint venture of Kobe Suma Parks + Resorts, including the Company
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Launched initiatives to advance coordination among facilities within the area, including an event featuring the Kobe Storks held in June 2025.
