Company Overview

1. Company Overview

Regil <176A> is engaged in three electricity-related businesses, with a focus on decentralized energy operations. The bulk power reception service for condominiums in the decentralized energy business is a core business, converting high-voltage power sourced from multiple power generation companies into low-voltage power within the condominium complex, distributing it to each household and common areas. In addition, the decentralized energy business provides various services related to condominium disaster prevention. In the green energy business, externally sourced electricity, such as renewable energy, is provided to the decentralized energy business. The energy is also sold to small and medium-sized enterprises. In the energy DX business, the company undertakes facility security and inspection services, call center operations, and billing and collection services utilizing self-developed systems in the decentralized energy business, mainly from energy-related companies.

The renewable energy provided by the company consists mainly of renewable energy that can be supplied as a virtually zero CO2 emission power source through the purchase of FIT non-fossil fuel certificates, known as 'In-Reality Renewable Energy.'

2. History

The company was founded in 1993 by the founder Seiji Nakamura as a cost reduction consulting sole proprietorship. In 1999, it was established under the name Chuo Denryoku Co., Ltd. to conduct the bulk power reception service business for condominiums (current decentralized energy business), now its main business. The full-scale deployment of the bulk power reception service business began in 2004, and in 2012, the company entered the electrical work and electrical safety service sector. In 2016, to strengthen group management, it acquired Chuo Denryoku Solution Inc. and Chuo Denryoku Energy Co., Ltd. as subsidiaries. It also started retail electricity service (current green energy business) by registering as a retail electricity provider. In 2018, gas retail services were introduced, followed by entry into photovoltaic technology in 2021. The business expanded, leading to the establishment of Chuo Denryoku DX Inc. in the same year, later absorbed by the company, to venture into DX support services. The company continued to develop businesses necessary for solving issues in the electricity sector, with the second president, Yasutoshi Hirano, and the current third president, Hodzumi Tanji, driving the company's growth. In 2024, it was listed on the Tokyo Stock Exchange Growth Market.

(Author: FISCO guest analyst Nobumitsu Miyata)