|November 19,2015 Management Agreement|
|Notice of Sales Contract agreed with ZE Design Inc. for woody biomass gasified equipment.|
1、The contents and background
On November 19, 2015, we have agreed the sales contract with renewable energy power producers,
ZE Design Inc. *(Kyoto-city, Kyoto Prefecture, Representative Director : Hideyuki Nishieda,
hereunder ZE Design) for 1,000 kW woody biomass gasified equipment which is planned at Mogami-town, Yamagata Prefecture.
*ZE Energy Inc.'s stock ownership: 49%
We are considering the effective use of the heat for hot spring facilities during power generation in Mogami-town project. We are planning to expand sales of 180 kW to 2,000 kW sized compact biomass power generating system, and promote the development of tri-generation (Power generation, exhaust heat, and complex facility with plant factory using exhaust carbon dioxide) plantation small power generation system.
Location of the construction : Mogami-town, Yamagata Prefecture
Facilities capacity : 1,000 kW
Operation scheduled to start : From October, 2016 (planned)
Operating principle party : ZE Design Inc.
2、Overview of the sales contractor
(1) Name : ZE Design Inc.
(2) Address : Kyoto Kuroto building 9F, 376, Ichinofunairi-cho,Kawaramachi-dori 2-jokudaru,Nakakyo-ku, Kyoto-city, Kyoto Prefecture
(3) Name and title of representative : Hideyuki Nishieda Representative Director
(4) Business : Power generation business derived from renewable energy, production and sale of agricultural products and processed agricultural products
(5) Capital : JPY 99 million