SOLABLE is a multifaceted company with a global presence, operating across various sectors including renewable energy, technology solutions, and IT services. The company is committed to addressing social and environmental challenges through technological innovation and sustainable practices.
Background
Established in 1998 by Chairman Tetsuo Yamashita, SOLABLE originated with the mission of creating and cultivating green communities. The company has evolved to focus on developing assets and businesses essential for solving global social problems, aiming to contribute to human society and create a happier tomorrow for all living beings nurtured by the sun's blessings. SOLABLE's philosophy emphasizes confronting challenges with integrity, adopting a future-oriented perspective, embracing positive transformation, and creating value through courageous innovation.
Key Strategic Focus
SOLABLE's strategic focus encompasses several core areas:
- Forest Solutions: Engaging in environmental conservation of forest resources, including log production, lumber processing, and promoting wood construction to contribute to climate change mitigation.
- Technology Solutions: Developing cutting-edge technologies and systems to realize a sustainable planet and enrich lives, with a particular emphasis on next-generation flexible solar panels for the mobility sector.
- Renewable Energy Development: Through its subsidiary, Solable Land & Renewables, the company specializes in land acquisition for renewable energy projects, including wind, solar, battery storage, and transmission projects across the United States.
- IT Services: SOLable India focuses on building software products and services, offering expertise in project management, application development, website development, UI/UX design, digital marketing, and technology consultancy.
Financials and Funding
As of the fiscal year ending March 2024, SOLABLE reported group sales of 34.3 billion yen and total group assets of 35.3 billion yen. The company operates as a pure holding company with a capital of 100 million yen. Its shareholder structure includes Green Project Ltd. holding 77% and executives and staff holding 23%.
Pipeline Development
SOLABLE's pipeline includes:
- Next-Generation Flexible Solar Panels: Focused on the mobility sector, aiming to commercialize products that transform energy supply for electric vehicles and aircraft, thereby reducing CO₂ emissions.
- Renewable Energy Projects: Through Solable Land & Renewables, the company is involved in multiple wind, solar, and battery storage projects across the United States, with significant megawatt capacities under development.
Technological Platform and Innovation
SOLABLE distinguishes itself through several proprietary technologies and innovative methodologies:
- LaVie Water Purifier: Developed by Solable S.A.S., this patented UV-A water purification technology produces clean, nutrient-preserved tap water, eliminating the need for single-use plastic bottles.
- GIS Mapping and CRM Systems: Solable Land & Renewables utilizes advanced GIS mapping integrated with a customized CRM database to streamline land acquisition processes for renewable energy projects, ensuring transparency and efficiency.
Leadership Team
SOLABLE's leadership comprises experienced professionals:
- Tetsuo Yamashita: Chairman and founder, with a vision for creating green communities and addressing global social issues.
- Shinichi Nishida: President, committed to continuing the company's mission and developing new businesses through appropriate resource allocation.
- Kazunobu Watanabe: Managing Executive Officer & CFO, overseeing financial strategies and operations.
- Tomoyuki Katsuta: Executive Officer, contributing to the company's strategic initiatives.
- Yosuke Yamashita: Executive Officer, involved in driving the company's growth and innovation.
Leadership Changes
In January 2023, the company underwent a rebranding, changing its name from JAG Co., Ltd. to SOLABLE Inc., reflecting a renewed commitment to its mission and strategic objectives.
Competitor Profile
Market Insights and Dynamics: The renewable energy sector is experiencing significant growth, driven by global efforts to combat climate change and transition to sustainable energy sources. The demand for innovative solutions in renewable energy, technology integration, and environmental conservation is on the rise.
Competitor Analysis: SOLABLE faces competition from various companies specializing in renewable energy development, technology solutions, and IT services. Key competitors include:
- Flucorrex AG: Provides energy harvesting and renewable energy solutions.
- Cordax Evaluation Technologies, Inc.: Offers engineering services related to energy and environmental sectors.
- Convert Italia SpA: Specializes in renewable energy projects and technological innovations.
Strategic Collaborations and Partnerships
SOLABLE has engaged in significant collaborations to enhance its market position and innovation capacity:
- Natural Sustenance Partnership: In April 2021, Solable S.A.S. appointed Natural Sustenance as the exclusive North American distributor for the LaVie Water Purifier, expanding its market reach and promoting sustainable water purification solutions.
- Acres.com Collaboration: Solable Land & Renewables partnered with Acres.com to enhance its GIS mapping capabilities, providing comprehensive land acquisition solutions for renewable energy projects.
