Minami‑Alps City, Yamanashi Prefecture, September 12, 2025
News Summary
Tri Chemical Laboratories has closed ¥10 billion in financing through a term loan and committed credit line to fund a new production plant in Minami‑Alps City, supporting capacity expansion with limited near‑term fiscal impact. Separately, a major beverage and spirits group is progressing a 16‑megawatt power‑to‑gas electrolyzer in the Southern Alps of Yamanashi to produce green hydrogen for a nearby distillery and water plant. The ¥14 billion project aims to use local renewable electricity for heat, sterilization and vehicle fuel, with construction targeted for completion and verification phases following soon after.
Tri Chemical Laboratories secures ¥10 billion to build new plant in Minami‑Alps City; hydrogen push in Yamanashi advances
A Tokyo‑listed chemical maker has closed financing worth ¥10,000,000,000 to fund a new production plant in Minami‑Alps City, Yamanashi Prefecture. The funding comes in the form of a term‑loan agreement plus a commitment‑line agreement intended to supply capital for the company’s planned expansion. Company officials say the deal is meant to secure the funds needed for growth while keeping the current fiscal results largely unchanged.
Key points first
The borrower is Tri Chemical Laboratories Inc., a developer and producer of chemical products listed on the Tokyo Stock Exchange Prime Market under the ticker JP:4369. Market data tied to the company show a market capitalization around ¥83.52 billion and an average trading volume near 589,417 shares. Analysts whose ratings are tracked place the stock at a Buy recommendation with a stated price target of ¥3,500. A short‑term technical signal listed alongside the data reads Sell.
What the financing covers
The loan package is targeted at construction costs for the new Minami‑Alps facility and broader expansion needs. Company statements emphasize the financing structure as designed to back growth without materially affecting the current fiscal period. The firm also points stakeholders to publicly available analyst forecast pages and stock analysis services for deeper market detail.
Why this matters
New production capacity in Yamanashi signals the company is moving forward with planned capital projects. For investors and local suppliers, the deal reduces uncertainty about funding and supports hiring, construction contracts and equipment purchases tied to the plant build.
Suntory advances a regional green hydrogen plan in Yamanashi
Separately, a major beverage and goods group has rolled out a mid‑ to long‑term Green Hydrogen Vision after a separate effort to win government support in another country fell short. The plan centers on using hydrogen made from renewable power and water to cut emissions across production, distribution and sales.
16‑megawatt Yamanashi Model P2G System
The group has joined forces with Yamanashi Prefecture and nine other firms to develop what is being called the Yamanashi Model P2G (power‑to‑gas) System. The centerpiece is a 16‑megawatt electrolyzer that will use local renewable electricity to split water and make green hydrogen. That hydrogen is planned to fuel a regional water plant and a nearby distillery in the Minami‑Alps/Hakushu area.
Project scale, timeline and funding
The project budget is reported at approximately ¥14,000,000,000, with roughly ¥10,000,000,000 expected to be provided through a national green innovation fund administered by a public technology and energy agency. Construction was slated for completion in 2024 with testing and verification running into 2025. When operating at full capacity, the system is expected to produce roughly the same annual heat energy currently consumed by the distillery and the adjacent water plant, allowing both facilities to run on locally produced green hydrogen.
How the hydrogen will be used
The plan calls for hydrogen to supply heat for distillation and to sterilize mineral water at the processing plant. A portion of the output will also be converted to fuel for local buses and trucks, supporting a local production for local consumption model. The operator already sources 100 percent clean electricity for some operations, and the new P2G system is intended to expand renewable energy use across the site.
Context and challenges
National energy strategy highlights hydrogen as a tool to decarbonize key industries, but green hydrogen faces cost and deployment hurdles. Electrolyzers remain relatively new and costly, meaning projects rely heavily on falling equipment costs and access to cheap renewable electricity. Public subsidy is a common part of early large projects, and this Yamanashi effort reflects that approach.
What to watch next
- Tri Chemical’s construction timetable and any updates on capital deployment or local permits.
- Announcements on the Yamanashi P2G project’s procurement milestones, construction start dates, and testing results in 2024–2025.
- Any changes to subsidy or regulatory support that affect the economics of large green hydrogen systems in Japan.
FAQ
Q: What exactly did Tri Chemical secure?
A: The company executed a term‑loan agreement and a commitment‑line agreement totaling ¥10,000,000,000 to fund construction of a new plant in Minami‑Alps City, Yamanashi Prefecture.
Q: Will this financing change Tri Chemical’s short‑term earnings?
A: The company expects minimal impact on current fiscal performance from the financing arrangement.
Q: What is the Yamanashi Model P2G System?
A: It is a planned 16‑megawatt electrolyzer system that uses renewable electricity to produce green hydrogen via water electrolysis and supply nearby industrial facilities.
Q: Who is funding the Hakushu hydrogen project?
A: The project is reported to cost about ¥14 billion, with roughly ¥10 billion expected from a national Green Innovation Fund managed by a public energy and technology agency.
Q: What will hydrogen be used for at the site?
A: Hydrogen will be burned to provide heat for distillation, used for sterilizing mineral water, and serve as fuel for facility vehicles.
Q: When will the hydrogen system be operational?
A: Construction aimed to finish in 2024 with testing and verification into 2025.
Key features at a glance
| Topic | Feature | Value / Note |
|---|---|---|
| Tri Chemical financing | Type | Term loan + commitment line |
| Tri Chemical financing | Amount | ¥10,000,000,000 |
| Tri Chemical | Market cap | ¥83.52 billion |
| Tri Chemical | Analyst view | Buy; target ¥3,500 |
| Yamanashi P2G | System size | 16 megawatts (electrolyzer) |
| Yamanashi P2G | Projected cost | ¥14,000,000,000 (approx.) |
| Yamanashi P2G | Expected subsidy | ~¥10,000,000,000 from Green Innovation Fund |
| Yamanashi P2G | Planned uses | Distillery heat, water sterilization, vehicle fuel |
| Timeline | Construction & testing | Construction 2024; verification 2025 |
Deeper Dive: News & Info About This Topic
Additional Resources
- TipRanks: Tri Chemical Laboratories secures financing for new plant construction
- Wikipedia: Minami-Alps, Yamanashi
- FuelCellsWorks: Suntory reinforces domestic hydrogen strategy after UK distillery project collapse
- Wikipedia: Green hydrogen
- Canary Media: Green hydrogen will power production of Japanese whisky (Hakushu)
- Wikipedia: Japanese whisky
- TheDrinksBusiness: Suntory doubles down on hydrogen plans despite UK distillery block
- Google Search: Suntory green hydrogen Yamanashi
- The Straits Times: Costco in Japan’s Yamanashi prefecture attracts visitors before opening
- Encyclopaedia Britannica: Yamanashi Prefecture
Author: Construction CA News
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