Investor Relations

Information about RENOVA, Inc.

To Become Renewable in Leader

Executive Chairman Sachio Semmoto, Founding CEO Yosuke Kiminami

Executive Chairman
Sachio Semmoto

Dr. Semmoto graduated from Kyoto University with a BS in Engineering and later obtained a PhD in Engineering from the University of Florida. He joined Nippon Telegraph and Telephone Public Corporation (now NTT) and later founded DDI Corporation (now KDDI) in 1984 together with Mr. Kazuo Inamori and others. From 1995 he was a full professor at Keio University and a visiting professor of University of California, Berkeley. In 1999 he founded eAccess Co., Ltd. Since August 2015, he has served as the Executive chairman RENOVA.

Founding CEO
Yosuke Kiminami

Mr. Kiminami graduated with a BS in Human Sciences from the faculty of Integrated Human Studies, Kyoto University. After working for McKinsey & Company Inc. Japan, he founded Recycle One Inc. (now RENOVA, Inc.) in May 2000. Mr. Kiminami has led RENOVA from its inception as its CEO, and continues to oversee its continued business expansion and growth.

Our Mission

To create green and sustainable energy systems for a better world

Our Strategies and Strengths

We are Japan's only publicly listed pure-play renewable energy developer and renewable energy industry leader
  • With our founding roots in environmental and energy consulting, we possess a robust business platform and network built upon well over 1,000 consulting engagements
  • We use our positioning as an independent developer to form wide ranging partnerships, and develop complicated and large-scale projects across various generation technologies, including solar PV, biomass, wind, and geothermal
  • We possess a unique ability to engage our local stakeholders to successfully develop projects and produce long term win-win relationships
We possess the human capital and technical expertise to internalize complicated development tasks, and add value at each step in the development process
  • We possess a strong project development track record and project management capabilities
  • Our in-house specialists span the entire development value chain, and allow us to maximize our added value at each step
We actively reinvest robust cashflows from our existing power plants into new projects and growth areas
  • Our project portfolio is backed by high feed-in tariffs, and provide stable and visible long term cashflows
  • We actively reinvest robust cashflows into new project and growth areas to realize sustained growth
We are technology agnostic across the renewable energy spectrum, and actively developing biomass, wind, and geothermal projects in addition to solar PV
  • We are actively developing large-scale biomass and wind power projects in addition to large-scale solar PV
  • We already have one top-tier biomass power plant under operation in Akita Prefecture
  • We are committed to our mid to long-term growth through the development of offshore wind and geothermal projects

Targeting the high-growth renewable energy market in Japan

Faced with new challenges, the world is increasingly turning towards renewable energy. The Japanese government introduced the feed-in tariff (FIT) in July 2012, and announced its Energy Mix Policy in June 2015, which aims to increase the ratio of renewable energy to between 22–24% by 2030. Under the Energy Mix Policy, the Japanese government set numerical targets for respective power generation technologies, as shown in the following figure. (The total volume of power generated by solar, biomass, wind and geothermal power is expected to increase by a factor of roughly four by fiscal year 2030, compared with the same volume in fiscal year 2013.)

To become Asia's renewable energy leader, RENOVA will actively invest its resources in new projects to secure sustained future growth. We will continue to develop, own, and operate large-scale solar PV, biomass, wind and geothermal power plants, and diversify our generation portfolio across various renewable energy technologies.

Japanese Renewable Energy Market Outlook (GWh/year)

Source: Japan's Energy Plan 2015 Edition published by the Agency for Natural Resources and Energy under the Ministry of Economy, Trade and Industry

RENOVA's Growth Trajectory

With a near term focus on Solar PV and biomass, RENOVA is currently working towards large scale offshore wind development, to be supplemented by growth in our global business and geothermal projects.

Sustained cash flows and visible growth from solar power (conceptual image)