News / IR

As we begin the New Year of 2023, we would like to extend our best wishes for the New Year.
I would like to express my sincere gratitude to all of our stakeholders who continue to support Blue Capital Management and the Blue Group.

Nearly three years have passed since the outbreak of the COVID-19 pandemic, and a new way of life has taken root.
In addition, Russia’s military invasion of Ukraine heightened military tensions worldwide, and geopolitical risks became prominent.
This has had a major impact on the global economy, inducing the soaring of raw material prices, supply chain disruptions, and energy shortage.
Furthermore, the economic outlook still remains extremely uncertain due to the rapid depreciation of the yen and rising prices of commodities, which have had a significant impact on our corporate group’s business activities.
However, rather than passively enduring the current situation, we will respond quickly and appropriately to the ever-changing business environment, and all employees will unite in our business activities.

In 2023, we will continue to aggressively conduct the Renewable Energy Business, which is one of our core businesses.
In the Solar Power Generation Business, we will strongly promote the operation of power plants under preparation and construction in cooperation with joint proprietors and partner companies.
In the Biomass Power Generation Business, we will move forward with the construction and operation of a biomass power plant that is currently being planned, and we are also planning to make a new capital investment in a PKS stockyard in Malaysia to improve the storage capacity for PKS, which is used as fuel.
We will increase storage capacity during a period from 2023 to 2024, with a goal of shipping 1 million tons per year by 2025.

In 2023, we will also strengthen our Resort Business and Real Estate Business.
Aiming to further enhance the brand value of the resort facilities managed by Blue Resort Co., Ltd., which is a group company, we are implementing various plans, including the construction of an all-season hotel, the training of professional golfers, the development of a 9-hole golf course, and the establishment of glamping facilities on idle land.
With regard to the Real Estate Business, plans for constructing apartment buildings and commercial facilities have been started mainly in Akasaka, where our head office is located.
Urban redevelopment is currently underway in the area surrounding Akasaka Station, and the “Entertainment City,” a comprehensive project involving urban development, entertainment, and a train station is scheduled for completion in 2028, and the Akasaka area is expected to thrive even more.
Our company will also contribute to the revitalization of the surrounding area and the creation of an attractive town through our business.

The Chinese zodiac sign for the year 2023 is called “Mizu-no-tou,” which means a Water Rabbit.
It is said to be an auspicious year in which past efforts will pay off and the economy will take a vigorous leap forward.
The rabbit’s high jump is associated with “leap” and “improvement,” and there is also the saying “the rabbit jumps,” which means that the economy will recover and improve.
In this year of leaps and improvement, all staff of the Blue Group will continue to work together as “One Team” to make even greater strides forward.
We truly appreciate your continued support and patronage.

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