OREANDA-NEWS. ITOCHU Corporation (headquartered in Minato-ku, Tokyo; Masahiro Okafuji, President & CEO; hereinafter “ITOCHU”) announced today that it is launching a lithium-ion storage battery system for domestic use (hereinafter “the system”) developed and commercialized by NF Corporation (headquartered in Yokohama-shi, Kanagawa Prefecture; Tsuneo Takahashi, President and Representative Director). The product is scheduled to go on sale from December, 2014 collaborating with ITOCHU ENEX Home-Life companies nationwide through ITOCHU ENEX Co., Ltd. (headquartered in Minato-ku, Tokyo; Representative Director and President: Kenji Okada; hereinafter “ITOCHU ENEX”), which has a strong sales channel for regular households.

Upstream, ITOCHU is involved in the development, manufacture, and marketing of lithium resources projects and major battery components (cathode and anode materials). Downstream, for example in the marketing of the storage battery system, it is promoting the lithium-ion battery business as an eco-friendly business activity, developing a value chain utilizing the group’s network and working to create new value. The addition of an energy storage system for domestic use to the existing portable model and for industrial application launched last year extends our product lineup, responding to diverse customer needs and a range of applications, thereby helping to stabilize Japan’s electricity supply and contributing to the improvement of anti-blackout measures.