COMPANY PROFILE

MESSAGE FROM MANAGEMENT Message from Hiroaki Koda, President

Hiroaki Koda, President

To preserve our irreplaceable planet and
lead an ever-more environmentally friendly
and prosperous global community into the future.

Prime Planet Energy & Solutions started operations in April 2020.
We are currently facing a wide range of social issues, including global warming, air pollution, and energy security. In this situation, the significance of batteries is growing in a number of fields for the electrification of mobility, for energy-saving power controls, and even as vital infrastructure in the event of natural disasters. We need to resolve these issues and enrich our lives to pass on a sustainable world to the next generations. Battery technologies can be the motive force that plays a central role in realizing this objective.

The name of the company, Prime Planet Energy & Solutions, was chosen to illustrate our desire to both provide batteries and to offer a wide range of added value and solutions based on these vital energy devices for the sake of protecting the environment and abundance of our precious planet.

We combine the supremely safe, high-quality, and reliable automotive battery technologies of Panasonic Corporation, the leading vehicle electrification and advanced battery development capabilities of Toyota Motor Corporation, practical manufacturing(Monozukuri) know-how in a sophisticated and cutting-edge company. Together, we will continue providing all our customers with the widest range of new value for an ever-more prosperous future.

Representative director and President
Hiroaki Koda,

ESTABLISHMENT History of Prime Planet Energy & Solutions

Toyota Motor Corporation and Panasonic Corporation agree to start studying the feasibility of a joint automotive prismatic battery business.
The two companies came to the shared realization that the popularization of electrified vehicles would be necessary to help address pressing social issues such as global warming, air pollution, the depletion of natural resources, and energy security, and that meeting customer demand and expectations around the world for electrified vehicles would help to realize a more sustainable society. Therefore, it was agreed to begin meaningful studies into the feasibility of achieving further advances in core automotive battery technologies and ensuring stable battery supplies.
Toyota Motor Corporation and Panasonic Corporation agree to establish a joint venture company specializing in automotive prismatic batteries.
Prime Planet Energy & Solutions, Inc. started operations

PROFILE Company outline

Name Prime Planet Energy & Solutions, Inc.
Details
of business
Development, manufacture, and sale of high-capacity and high-power automotive prismatic lithium-ion batteries
Development, manufacture, and sale of automotive all-solid state batteries
Development, manufacture, and sale of next-generation automotive batteries other than those mentioned above (including batteries based on new principles)
Ancillary and other operations related to the above
Start
of operations
Executive structure Representative director and President: Hiroaki Koda
Number of employees Approximately 5,100
(including 2,400 at a subsidiary in China)
Share
structure
Toyota Motor Corporation: 51 percent
Panasonic Corporation: 49 percent

ACCESS Locations

Tokyo Head Office
13F Muromachi Furukawa Mitsui Building,
2-3-1, Nihonbashi-Muromachi, Chuo-ku, Tokyo, Japan
Kansai Head Office
194-4, Tokonabe-cho, Kasai-shi, Hyogo, Japan