Energy is the original business of Mitani Sangyo handed down by our founders. Since our establishment in 1928, we have worked to provide a stable supply of energy, putting safety and security first, based on our corporate ideal of "staying close to the community and the customer."
The lead actors in energy change with the era and the environment, going from coal and coke to petroleum products and LP gas, and then to alternative energy and renewable energy. We always position ourselves, however, for unchangeable value based on the motto "offering customers their optimal energy environment."
In a new development, we are supporting an energy shift by corporations that includes a switch from petroleum products to LP gas, the introduction of lithium-ion batteries and the purchase of solar power generation systems and biomass chips. We also have consumers' backs as they try to conserve energy, selling hybrid water heaters, high-efficiency pumps and the like.
Our energy business has and will continue working with its roots firmly planted in the community.
For our corporate customers, we directly deliver petroleum products from multiple oil terminals in Hokuriku-region harbor areas. But we also offer market information such as projections of trends in supply, demand and price, helping customers plan production and estimate costs. Our LP gas business for general consumers inspects meters and ensures security, and it is proactively adopting a telemetry-based automatic central monitoring system. We partner with other companies for safe, speedy LP gas delivery. We offer peace of mind as well. In addition to regularly scheduled inspections and maintenance, we have a 24-hour, 365-day structure in place to respond to unexpected sudden alarms from our automatic monitoring system.
Mitani Sangyo EC, which is in charge of the Group's energy business, also has built a chemical business in the Hokuriku district, which is a major strength. It supplies chemicals used as raw and secondary materials at various manufacturing plants to many customers in the Hokuriku district, supporting the development of the region's industry.
We provide various equipment, machinery, air conditioners and more to businesspeople working to increase productivity at their manufacturing sites or to improve working conditions and to general consumers who want to install air conditioners or make kitchen & bath improvements. To do so, we leverage our conglomeration ability and the broad network the Mitani Sangyo Group has built by supplying energy. We have a one-stop structure in place to respond to our customers' issues and increasingly advanced demands for multifunctional solutions.
Since our founding, the basic philosophy of Mitani Sangyo has been, even with conventional business schemes, to hold fast to the unchanging, essential nature of an endeavor while proactively changing and staying a step ahead of the times. Mitani Sangyo EC, having inherited these principles of tradition and innovation, is the core of the Group's energy business.
In October 2009, the old Mitani Sangyo EC, which had built a B2B petroleum product and butane business in the Hokuriku district, merged with Mitani Gas, a B2C business that sold propane to general consumers in the Hokuriku district, to get a fresh start as the new Mitani Sangyo EC The synergy created by the merger of the two companies made possible the development of a wide-ranging energy business that serves customers in all kinds of industry types and business conditions in the Hokuriku region.
With the pride of knowing we are expanding the original Mitani Sangyo business, energy, we will continue contributing to the development of industry and people's lives in the Hokuriku region.