VISION
Accelerate
the adoption of
renewable
energy
MISSION 2030
自然エネルギーの爆発的普及を実現する。
太陽光、風力、潮力、熱などの自然エネルギー。再生可能エネルギーとも呼ばれるこうしたエネルギーの課題は、溜められないこと。生み出される場所で溜められない。溜められないから運べない。運べないと普及しない。PowerXは「溜める」「運ぶ」「使う」を統合的にデザインすることで、自然エネルギーの爆発的普及を実現させていきます。
Company Profile
Company Name
PowerX, Inc
Founding Date
March 22, 2021
Leadership
Director, President & CEO
Masahiro Ito
Chairman of the Board
Hardy T S Kagimoto, M. D.
External Director
Paolo Cerruti
Caesar Sengupta
Mark Tercek
Mitsugu Serizawa
Tatsuya Sakuma
Locations
Tokyo Headquarters
Midtown Tower 43F, 9-7-1 Akasaka, Minato-ku, Tokyo, Japan 107-6243
Annex / Show room
AXALL Roppongi 2F, 7 Chome-8-6 Roppongi, Minato City, Tokyo 106-0032
Okayama Battery Factory
Tai 6-9-1, Tamano, Okayama, Japan 706-0001
Tokushima Partner Factory
Takagawara 1524-3, Takagawara, Ishii, Myozai District, Tokushima 779-3223
Businesses
Manufacturing and Sales of Large-Scale Battery Energy Storage Systems
EV Charging Station Operations and Services
Development and Manufacturing of Marine Battery Energy Storage Systems
Power Supply Business
Capital
19.494 billion yen (capital reserve included)
Certification
Information Security Management System
Certification criterion: JIS Q 27001:2023 (ISO/IEC 27001:2022)
Certification number: JP024742
Privacy Mark (JIS Q 15001)
Registration number: 17004986(01)
Affiliated Companies
PowerX Manufacturing, Inc.
Company Name
PowerX Manufacturing, Inc.
Founding Date
April 28, 2023
Leadership
Chairman of the Board
Masahiro Ito
CEO
Michinori Ikezoe
Board member
Hidemi Nakaya
Locations
6-9-1 Tai, Tamano, Okayama
Businesses
Contract manufacturing of battery products
Capital
300 million yen
Ocean Power Grid, Inc.
Company Name
Ocean Power Grid, Inc.
Founding Date
February 9, 2024
Leadership
Chairman & Representative Director
Masahiro Ito
President & Representative Director
Hideyuki Onishi
Director
Naoki Sato
Part-time Director
Yusuke Kojima
Auditor
Toshiyuki Fujita
Outside Director
Shuji Murakami
Locations
Midtown Tower 43F, 9-7-1 Akasaka, Minato-ku, Tokyo, Japan 107-6243
Businesses
Development and sales of Battery Tankers
Maritime power transport and sales using Battery Tankers
Sales of marine batteries
Capital
10 million yen (capital reserve included / 100% subsidiary of PowerX, Inc.)
Shareholders & Investors
Imabari Shipbuilding
NYK Line
Spiral Capital K.K.
Toda Corporation
SHOEI KISEN KAISHA, LTD.
Mitsui & Co.
TATSUMI SHOKAI CO.,LTD
MY.Alpha Management HK Advisors Limited
BEMAC Corporation
SENKO Group Holdings Co., Ltd.
Japan Petroleum Exploration Co., Ltd. (JAPEX)
JAPAN GREEN INVESTMENT CORP. FOR CARBON NEUTRALITY（JICN）
ITOCHU Corporation
SMBC Nikko Securities Inc.
Anchor Ship Partners Group
Chugin Capital Partners Co., Ltd.
Future Creation Capital Co., Ltd (Mizuho Leasing CVC)
Mitsubishi Corporation
FOOD TECHNO ENGINEERING CO., LTD.
NIPPON GAS CO., LTD.
MUFG Bank
Frontive Holding
ITOCHU Corporation
Japan Airlines & TransLink Innovation Fund, L.P. (JAL Innovation Fund)
JA Mitsui Leasing, Ltd.
Sompo Japan Insurance Inc.
Mori Trust Co., Ltd.
Tokyo Century Corporation
NAMICS CORPORATION
NEC and Translink Orchestrating Future Fund, L.P.
YASKAWA Electric Corporation
Toho Gas Co., Ltd.
Toyota Tsusho Corporation
Shikoku Electric Power Company, Incorporated
Mizuho Capital Co.
Electric Power Development Co., Ltd. (J-POWER)
K4 Ventures GK (Kansai Electric Power Group)
Tohoku Electric Power Co., Inc.
Corporate Governance
Director, President & CEO
Masahiro Ito
Masa launched his first company Yappa at just 17 years old. In 2014, Masa joined ZOZO Group through M&A and served as the CEO of ZOZO Technologies. Later, Masa was appointed as the Board member and COO of ZOZO, which is now well-known for his many innovative inventions, including 3D body measuring devices such as ZOZOSUIT and ZOZOMAT.
Chairman of the Board
Hardy T S Kagimoto, M. D.
Hardy is the Founder, Chairman and CEO of Healios, a biotech company leading the development of stem cell derived regenerative therapies. Prior to that, he founded and ran as President and CEO of Aqumen Biopharmaceuticals. Graduated from Kyushu University School of Medicine, Hardy holds patents in the US, Europe, Japan and China.
External Director
Paolo Cerruti
Paolo is Co-Founder and COO of Northvolt, a homegrown European battery company that is building a Gigafactory in Sweden and has to date raised more than 6.5 Bn USD. Previously, Paolo was the VP of Purchasing and Industrial Strategy for Tesla, and was instrumental in the early scale-up of the company and its operations.
External Director
Caesar Sengupta
Caesar was formerly the VP and GM of Payments at Google, leading the Next Billion Users initiative across the company. He also oversaw Chrome OS, Google Pay and managed all payment systems. After 15 years at Google, Caesar has launched his new fintech startup Arta.
External Director
Mark Tercek
Mark led the environmental NGO the Nature Conservancy as its CEO for 11 years until 2019. Previously, he was MD and Partner at Goldman Sachs for 24 years. Mark now advises companies, investors, and NGOs on environmental strategies. He was recently appointed as Senior Advisor at Centerview Partners.
External Director
Mitsugu Serizawa
Mitsugu first joined Mitsui Bank (now Sumitomo Mitsui Banking Corp.) in 1980 and was appointed as COO of SMBC Europe Ltd. in 2005. Later, he led Manufacturers Bank (US) as Chairman and CEO. From 2015, he oversaw SMBC International Business as President and from 2018 to 2020 SMBC Operation Service as Deputy President.
External Director
Tatsuya Sakuma
Tatsuya was the Public Prosecutor of Tokyo, Naha and Niigata District Public Prosecutors Offices before being appointed to multiple government offices including the Ministry of Justice, Tokyo District Public Prosecutors Office and more. He is now a lawyer and the Outside Director of companies such as AEON Financial Group.
Leadership
Director, President & CEO
Masahiro Ito
Masa launched his first company Yappa at just 17 years old. In 2014, Masa joined ZOZO Group through M&A and served as the CEO of ZOZO Technologies. Later, Masa was appointed as the Board member and COO of ZOZO, which is now well-known for his many innovative inventions, including 3D body measuring devices such as ZOZOSUIT and ZOZOMAT.
Executive Vice President
Etsuo Sato
Etsuo graduated from the University of Tokyo’s Faculty of Economics and completed graduate studies at Princeton University Woodrow Wilson School. He joined the Ministry of International Trade and Industry (now METI) in 1987, focusing on energy policy. In 2012, he became Director of the Policy Division at the Agency for Natural Resources and Energy, followed by his role as Director-General at the Small and Medium Enterprise Agency in 2014. Later, he became Executive Director of the Organization for Cross-regional Coordination of Transmission Operators, and in 2019, Secretary-General of the Electricity and Gas Market Surveillance Commission. After retiring in 2022, he became a Senior Advisor at MUFG Bank. Since July 2023, he had also been serving as a Senior Advisor at PowerX.
Corporate Executive Officer
Toshiyuki Fujita
Toshi led RareJob as its Director and CFO in 2012 and was appointed as the Executive VP in 2015. Prior to that, Toshi worked for KPMG, where he engaged in M&A and corporate reinvigoration. He also has experience taking an IT start-up public on TSE Mothers as its Director and CFO after working for Deloitte Touche Tohmatsu.
BESS Business Executive Officer
Hidemi Nakaya
Hidemi joined Keyence in 1996 after working at an automotive company. He specialized in sales consulting and marketing before transitioning to the Business Development Division and the Global Business Development Division. From 2014, Hidemi led the business expansion of Keyence’s overseas subsidiaries, serving as CBDO (Chief Business Development Officer) at the German subsidiary and as Director of the Singapore subsidiary.
Production and Procurement Executive Officer
Michinori Ikezoe
Michinori joined SANYO Electric in 1997 and was in charge of cell and module mechanical design. In 2002, he joined Nissan Motor and led the HEV/EV battery pack design. Later, Michinori was responsible for the medium and long-term of EV technology strategy planning, led Nissan's EV vehicle projects, and was the head of the development department of HEV/EV batteries, chargers, DCDC converters and battery strategy.
EV Charging Business Executive Officer
Kohei Morii
After graduating from Waseda University in 2002, Kohei joined Mitsui & Co.'s Project Division, handling power project development and energy service businesses. Later he led new business development and was in charge of power projects in South America and global acquisitions in the renewable energy sector. Kohei joined PowerX in August 2022 as Head of the EV Charging Station Business Division.
Power Business Executive Officer
Yusuke Kojima
After earning his master's in engineering from the University of Tokyo in 2008, Yusuke worked at a major electrical manufacturer and a foreign consulting firm. In 2014, he joined a leading new power company as Head of Retail Electricity, growing the business to over 50 billion yen. Yusuke became independent in 2023, providing management support in the energy sector. He also serves as a representative director of the Renewable Energy Promotion New Power Association and as an academic specialist at the University of Tokyo.
CTO, Engineering and Research Executive Officer
Deepak Raut
Deepak began his career in technical sales and field service at MAN Truck & Bus in India. He later contributed to the development of Euro 6 diesel engines, heavy-duty transmissions, and electrified powertrains at Tata - Jaguar Land Rover. Since 2016, he has led battery, high-voltage system, and charging infrastructure development at Mercedes-Benz Research and Daimler AG in Japan. He also oversaw safety and security assessments, and played a key role in developing the world’s first mass-produced electric light-duty truck, the FUSO eCanter, and its subsequent generations.