News / IR

We would like to extend our best greetings to you on the occasion of the New Year 2024.
I would like to express my sincere gratitude to all of our stakeholders who have continued to support Blue Capital Management and the Blue Group.

Looking back on 2023, the novel coronavirus was reclassified into Class 5, and daily life and activity gradually returned. On the other hand, Against the backdrop of prolonged global tensions, the ongoing depreciation of the yen since last year, soaring prices, and labor shortages drastically changed conventional business models, work styles, and living environments.

This year is also expected to be another year of rapid change, and companies will be challenged to adapt to changes in the business environment.
The Blue Group is, therefore, moving into the next phase.
Since 2011, we have been working to promote the spread of renewable energy, and we have played a role in meeting the increasing demand for electricity in Japan and helping realize a decarbonized society.
In order to develop our business more flexibly by utilizing the technologies and know-how we have accumulated, we will focus on the Storage Battery Business, which can both promote the spread of renewable energy and stabilize the supply and demand of electricity.

○ Storage Battery Business
Japan aims to become carbon-neutral by 2050, so it has been actively promoting the adoption of renewable energy.
However, while renewable energy is becoming increasingly popular, solar and wind power generation is difficult to control because weather conditions often affect the amount of power generated.
To solve this problem, we will promote the construction of grid storage facilities that can flexibly adjust the supply and demand of electricity to the power grid.
In addition to power generation, we will aggressively pursue new businesses to stabilize the supply and demand of electric power.

The Blue Group will continue to push forward.
Nowadays, more and more people are placing more importance on spiritual wealth than material wealth, and lifestyles and values are becoming more diverse.
Thus, we will provide new values in our Real Estate Business and Resort Business to meet the diversifying needs of this age.

○ Real Estate Business
Various urban redevelopment projects such as Akasaka Entertainment City Project, Second Roppongi Hills, and Azabudai Hills (opened in November 2023) are currently underway in Minato City, which will transform it into an even more attractive town as a center of business, culture, and the arts.
We are also steadily advancing construction projects for apartment complexes and commercial facilities, mainly in Minato City, in order to contribute to the revitalization of the surrounding area and the creation of a more attractive town through our business.
We will not only buy and sell real estate, but also provide new values by maximizing the potential of real estate and developing it with an eye to the next 10 to 20 years.

○ Resort Business
With the novel coronavirus infection subsiding and the depreciation of the yen, demand from foreigners traveling to Japan has recovered, and domestic travel demand has become more active.
In addition, the needs for resorts are becoming more individualized and segmented due to changes in lifestyles, so we need to meet these diversifying needs flexibly. That is why we will promote the renovation of our group’s resort facilities to provide new value in the form of more comfortable and special value-added resorts.

We aim to be a company that brings joy to people and the world by contributing to the settlement of social issues through our business activities.
We will boldly take on the challenges of the changing environment, and the entire Blue Group will work together as “One Team” to move forward.
We would appreciate your continued guidance and encouragement in the year ahead.

Hideo Harada
Chairman and CEO
Blue Capital Management Co., Ltd.