ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

Mitsubishi Corp. dives deeper into renewables with eye on 2050

CEO Nakanishi calls raising Japan's energy self-sufficiency a top priority

Mitsubishi Corp. CEO Katsuya Nakanishi spoke recently with Nikkei about global challenges in the energy sector. (Photo by Yukinori Okamura)

TOKYO -- Mitsubishi Corp. is ready to act "now" on renewable energy toward meeting Japan's goal of achieving net-zero emissions by 2050, President and CEO Katsuya Nakanishi tells Nikkei.

The Japanese trading house has made plans to invest 1.2 trillion yen ($9.1 billion) in renewables by fiscal 2024 amid a global push toward decarbonization. Nakanishi said that renewables and nuclear power are key to Japan's security, given how the country currently relies heavily on imported energy.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more