enechain company deck_english

We enechain operate Japan’s largest energy marketplace, where anyone can exchange electricity, fuel, and environmental commodities. In the face of global challenges such as resource price volatility and climate change, we strive to achieve economic stability and decarbonization through a fair and open market—paving the way for “Social Good.” Harnessing the power of the market, we commit to bring colors to society as a whole. We will enrich the life of the next generation.

This deck shares the following information:
・enechain's business overview
・Mission, Principles, and Values
・Work environment
・Recruitment information

If you're interested, please apply via this page. We look forward to talking with you!
https://herp.careers/v1/enechain

Transcript

1. Update 2025.10
2. Founded July 30, 2019 Capital JPY 6,520MM Employees 131※1 Location Tokyo (HQ), Singapore Investors DCM Ventures Minerva Growth Partners JP Investment Corp. Soros Capital Management LLC SMBC Venture Capital Co. Mizuho Capital Co. Sumitomo Mitsui Trust Bank MUFJ Capital Co. Main Business Energy Marketplace SaaS services related to energy trading Key KPIs Cumulative GTV：JPY 2T LTM GTV：JPY 1T Growth Rate※2：+140% ※1 As of 2025/4/1 ※2 2023/1-23/12 vs 2022/1-22/12 2
3. 3 Contents What we strive for 04 Energy Business 10 Our Culture 29 Mission Social issues and solutions CEO message Work Environment 37 Team 44 Policy and Benefits HR System Internal AI Adoption Photo Gallery Toward the stabilization of resource price impacts Products Leadership Team History Contribution to the Community Employee Interviews Overview of Mission/Principles/Values Principles Values Environmental Business 24 Toward the realization of carbon neutrality Products
4. What We Strive For 4 Mission Social Issues and Solutions CEO Message
6. 6 Social Issues and Solutions Two social issues we are addressing Stabilization of resource price impact Realization of carbon neutrality Resource prices are fluctuating wildly due to the impact of Ukraine crisis and the situation in the Middle East CO2 reduction is essential to achieve the carbon neutrality committed to by the international community
7. Solution for Stabilizing Resource Price Impact 7 Social Issues and Solutions What We Strive For l Our online marketplaces have surpassed a cumulative total of JPY 2 trillion in transactions in the five years since our founding l Approximately 300 companies can engage in hedge trading against wild price fluctuations, aiming for price stabilization l We provide a one-stop service to resolve transaction pains such as dealing with credit and market risks Enabling hedging of energy prices Electricity Spot Price Movement for Tokyo Area（JPY∕kWh） Electricity Marketplace Information Service Risk Management Tool Settlement Services Fuel Hedging Service 0 50 100 150 200 20/1 20/7 21/1 21/7 22/1 22/7 23/1 23/7 24/1 24/7 25/1 ウクライナ危機や中東情勢の 影響で、資源価格が乱⾼下 Wild price fluctuations due to the impact of the situations in Ukraine and Middle East
8. Solution for Carbon Neutrality 8 Social Issues and Solutions What We Strive For CO2 emission reduction targets against 2013（%） Marketplace e-Learning & Data Service l By creating a marketplace for trading environmental commodities※, we support corporate decarbonization and, in turn, accelerate the realization of carbon-neutral society ※ Environmental commodities refers to the value that environmentally friendly activities have in offsetting CO2 emissions l We provide an e-learning service specialized in cultivating "GX talent" who promote corporate decarbonization Making Carbon Credit Trading Easy 国際社会にコミットした カーボンニュートラルの実現に 向けてCO2削減が不可⽋ CO2 reduction is essential to achieve the carbon neutrality committed by the international community
9. To the Ultimate Team of Exceptional Individuals Message from CEO What We Strive For Since our founding, we have pursued the philosophy of "creating Galácticos" without compromise, striving for both "exceptional individuals" and "teamwork." Each person hones their specialty and competes with teammates to improve. We're not a social club. When opinions clash, we engage in constructive criticism and exchange feedback for mutual growth. Yet once we step onto the field, we become One Team. We support each other across domains to achieve the same goals, and when results come, we celebrate together with high-fives. This is the kind of team we strive for. The journey toward realizing our mission is still long and challenging. We sometimes ask users to change their existing methods as we deliver cutting-edge technology and market value. Strengthening payment infrastructure, connecting with Western fuel and energy markets, further improving robustness and security—beyond that lies a massive market with a potential scale of 100 trillion yen. We believe that when world-class individuals who share our aspirations continue to challenge themselves as a team, no goal is too difficult to achieve. For those who resonate with our mission and values and wish to do Social Good work. For those who can enjoy major challenges while competing with excellent teammates. Let's forge together the colorful future that lies beyond our mission! Ryo Nozawa CEO 9
10. 10 Energy Business Toward the stabilization of resource price impacts Products
11. History of Global Electricity Retail Liberalization 11 Toward the stabilization of resource price impacts Energy Business In Japan, the liberalization of electricity retail was implemented more than 15 years behind US and Europe 1998 2016 1999 2001–02 2007 2003 1996 2019 1997– Intercontinental Exchange (ICE) Founded in 2000. Acquired the New York Stock Exchange in 2012. Market capitalization is approximately 14 trillion yen European Energy Exchange (EEX) Founded in 2002. Merged with Deutsche Börse in 2011. Market capitalization is approximately 6 trillion yen Established in 2019 after the liberalization of electricity retail in 2016 ※ In the U.S., 13 out of 50 states have fully liberalized their retail business. In Canada, Alberta deregulated electricity retail in 2021 and Ontario in 2022 Source: Created by enechain based on materials from the Federation of Electric Power Companies of Japan, etc.
12. Hokkaido Power Tohoku Power Tokyo Power Chubu Power Kansai Power Shikoku Power Hokuriku Power Chugoku Power Kyushu Power Okinawa Power Japan’s Electricity Liberalization 12 Toward the stabilization of resource price impacts Energy Business With the full liberalization of the Japan power industry, nearly 2,000 businesses entered the market Vertically integrated regional power companies monopolized retail Over 700 new electric power companies and over 1,000 retailers entered the industry Japan Power Telcos Trading Companies Oil Wholesalers Travel Agencies Renewable Energy Developers City Gas LP Gas Before Liberalization After Liberalization
13. Pain Points 13 Toward the stabilization of resource price impacts Energy Business Although hedge trading was needed to stabilize revenue, there was no open market available for hedging Generator A Generator B Generator C Retailer A Retailer B Retailer C JEPX Retail Power Generation l The costs of searching for and negotiating with counterparties were high l Transaction prices were hidden since there is no market l In the spot market (JEPX), it was difficult to forecast P&L due to intense price volatility (range of price movement) Previous Challenges
14. Pain Points 14 Energy Business Due to spot price volatility, many electricity providers were forced into bankruptcy or to withdraw from the business Electricity spot prices fluctuate wildly due to supply and demand factors such as soaring fuel prices, extreme heat/cold, and unplanned power plant outages Spot Price Volatility Of the 700 companies that entered the market, 119 (~20%) were forced to withdraw because they could not handle the volatility of the electricity prices Bankruptcies and Withdrawals Source: Created by enechain based on JEPX, Teikoku Databank data, and Mainichi Shimbun articles ref Toward the stabilization of resource price impacts Sport price for Tokyo Area（JPY∕kWh） 0 50 100 150 200 20/1 20/7 21/1 21/7 22/1 22/7 23/1 23/7 24/1 24/7 25/1 # Withdrawals (including Bankruptcies) # Retailers
15. Volatility Comparison 15 Toward the stabilization of resource price impacts Energy Business The volatility of electricity spot prices is 6 times more intense than that of Bitcoin ※2020.1 - 2024.3 Source: JEPX, Investing.com ref Electricity Spot Price 100% 0% -100% Price Movement (Normalized) Annualized Volatility 420% 69% Electricity's price movement is more intense
16. enechain’s Solution 16 Toward the stabilization of resource price impacts Energy Business By providing price discovery functionality on the online market eSquare, we lowered transaction costs Generator A Generator B Generator C Retailer A Retailer B Retailer C JEPX On eSquare, live bids/offers and contract prices are always disclosed Retail Power Generation l Counterparties can be freely discovered and negotiated within the market l Trading prices are made visible l Hedge trading becomes possible in a market with suppressed price volatility, simplifying revenue forecasting With eSquare
17. Strategic Value Proposition 17 Toward the stabilization of resource price impacts Energy Business In addition to the core value of matching on eSquare Live, we provide an integrated solution that solves user pain points Risk is not quantified P a i n P o i n t S o l u t i o n Cannot grasp the exposed risk amount, so it's unclear which position to hedge and how Opaque market prices Difficult to forecast and confirm earnings due to lack of access to the latest electricity market info High credit risk No mechanism to mitigate the credit risk of buyers in bilateral transactions High cost of regulatory compliance Burden of proving transaction fairness to the Electricity and Gas Market Surveillance Commission Visualization of hedge needs Ensuring price transparency Providing Clearing Regulatory compliance through the market Quantify own position and risk amount Provide appropriate transaction prices Reduce credit risk during transactions Conduct transactions on the market and report immediately Liquidity Improvement Reporting to Regulators Transaction Execution Market Info Gathering Portfolio Visualization
18. 18 Energy Business Online trading platform by Japan’s largest energy exchange operator l Having Japan’s largest energy companies as customers l The first power trading platform in Japan to provide automatic matching for both physical and futures l Integration with third-party systems via API l Winner of Good Design Award 2024 Products 1/5
19. 19 Energy Business Settlement Service That Reduces Credit Risk l Reduce counterparty risk in wholesale power trading on eSquare l Preventing credit issues and bankruptcies among power companies l Announced 49% investment from Mitsubishi UFJ Bank in August 2024 Products 2/5
20. 20 Energy Business No. 1 ETRM (Energy Trading Risk Management) system in Japan l Management of various risks of power portfolios of power generators and electricity retailers l Onboarding support of risk management environment setup l Timely hedge decision making l Simplify complex risk management operations Products 3/5
21. 21 Energy Business Data platform with aggregated information necessary for energy trading l Provides key information for energy trading: l JEPX prices l Fuel and FX forward l Fuel cost adjustment (燃調) forward curve l Interconnector available capacity (連系線空き容量) l European LNG storage levels, etc. l Significant functional enhancements and chart speed improvements are planned for the future Products 4/5
22. 22 Energy Business Fuel hedge service that minimizes the fuel price fluctuation risk for electricity providers l Market access to manage fuel price fluctuation risk l Provides opportunities for transactions with new trading companies l Supports business stabilization in the increasingly complex energy market l A new company established as a joint venture with Sumitomo Mitsui Financial Group (SMBC) Products 5/5
23. enechain's Role in Energy Policy 23 Energy Business As the operator of the largest domestic forward market, we support METI in designing the ideal market ※ Full name: Working Group for Practical Examination Toward the Realization of the Ideal Wholesale Electricity Market, Balancing Market, and Supply-Demand Operations Past Policy Involvement 2021/3/26 32nd Subcommittee on Basic Policy on Electricity and Gas 2021/11/9 Retailer study session for winter 2021 2022/6/24 1st Study Group for Promoting Electricity Savings and DR 2022/7 - 2023/4 Working Group for the Ideal Wholesale Electricity Market ※ 2023/3/29 60th Subcommittee on Basic Policy on Electricity and Gas 2023/8 - Present Study Group on the Ideal State of the Day-Ahead Market, etc. 2023/11 - 2024/4 Study Group for the Activation of Electricity Futures 2024/6/3 75th Subcommittee on Basic Policy on Electricity and Gas As a Solo As a Committee Member/Observer
24. 24 Green Business Towards the realization of carbon neutrality Products
25. である Carbon Credits accelerate decarbonization 25 Toward the realization of carbon neutrality Green Business l Energy saving l PHV/EVs l Carbon farming l Renewable energy plant construction l Battery storages l Forest conservation Carbon Credit Trading “CC” Green Currency D e m a n d D i s t r i b u t i o n S u p p l y
26. Services Overview 26 Toward the realization of carbon neutrality Green Business We provide solutions for the corporate decarbonization process in partnership with other companies Reduce CO2 Emissions Visualize & Plan CO2 Emissions Learn about GX (Green Transformation) （Education & Awareness） GX-specific learning content that anyone can easily understand. Supports efficient and comprehensive information gathering on the latest trends Partnerships We support corporate decarbonization through the trading of domestic and international environmental commodities such as J-Credits, Non-Fossil Fuel Certificates, and Voluntary Credits We do not offer this as an in-house service but partner with multiple companies. We support the visualization of CO2 emitted through corporate activities and the formulation of effective reduction plans
27. 27 Green Business Trading platform for all kinds of domestic and international environmental commodities l Products l Domestic： J-Credits, Non-Fossil Fuel Certificates, Green Power Certificates l Overseas： Voluntary Credits (VC), I-REC l Through our partnership with Xpansiv, the world's largest environmental value exchange, trading of VCs from around the world is possible Products 1/2
28. 28 Green Business An e-learning service to systematically learn about decarbonized management l e-Learning Service l Engaging content (Japanese) that can be learned as if watching a news program. l Allows for smartphone viewing in short 15-minute video segments. l Data Service l Operates its own qualification exam, allowing users to obtain the "Decarbonization Advisor Qualification" approved by the Ministry of the Environment. Products 2/2
29. 29 Our Values Relationship among Mission, Principles, and Values Principles Values
30. 30 Relationship among Mission, Principles, and Values Our Values
31. 31 Our Values
32. 32 Our Values
33. 33 Our Values
34. 34 Our Values
35. 35 Our Values
36. 36 Our Values
37. 37 Our Work Environment Policy and Benefits HR System Internal AI Adoption Photo Gallery
38. Work Environment for Professionals 1/2 38 Policy and Benefits Our Work Environment Policies and Benefits l Stock Options l Corporate-defined Contribution Pension Plan l Maternity/Paternity Leave Support (100% paternity leave uptake rate as of end of Apr 2024) l Generous Holidays Ø Weekends, public holidays, year-end/New Year holidays Ø "Yohaku" leave (one-time, 5 consecutive days, must be taken, resulting in a 9-day break including weekends) Ø Sick leave Ø Galácticos Development Program Ø Support for self-development and qualification acquisition. Work Environment l Sunny office, 3-minute walk from Omotesando! l Remote work possible (with subsidy) l Full flex-time system l Top-tier professional work setup Ø Herman Miller Aeron chairs Ø standing desks Ø large 4K dual monitors Ø latest high-spec PCs (Win/Mac) l Full reimbursement for book purchases ※ 2024/4/1
39. Work Environment for Professionals 2/2 39 Policy and Benefits Our Work Environment Health Support l Regular health check-ups and comprehensive medical examinations Ø Covers costs for employees over 35 l Well-equipped kitchen/cafe space Ø Office Okan Ø mini office convenience store Ø water server Ø "choi-nomi" (light drinking) system with office drinks Ø free drip coffee with beans from famous roasters Communication l All Hands: Bi-weekly company-wide updates l Office Friday: Monthly offline social gathering l Open Door: Casual 1-on-1s with executives l eneTrip: 2-day company trip l Christmas Party l Internal Newsletter " e⚡News ” l Internal Radio hosted by CEO Nozawa “e⚡Radio” l Club Activity Support l Various novelty goods (T-shirts, hoodies, tumblers, etc.)
40. Transparent and fair HR system based on meritocracy 40 HR System Our Work Environment 同じグレードでも サブグレードが上がると昇給 Competitive Compensation System l A competitive compensation structure designed for professionals to maintain high performance Ø Achieving the highest standard for startups by referencing market compensation data Ø Benchmarks and tables tailored to each job type Evaluation System with 360°Feedback and Calibration l Sharing expectations and conducting check-ins Ø Disclosure of expectations for each grade and sub- grade l Bi-annual evaluation and grade review Ø "ene-PRO System" for self-evaluation and review every half-year Ø Fair evaluation system that incorporates 360°feedback and conducts calibration between departments during the bi-annual evaluation Even within the same grade, your salary increases as your sub-grade goes up Grades (Expected Role) Sub-grade Executive Director
41. Accelerating efficiency by actively adopting the latest AI tools 41 Internal AI Adoption Our Work Environment Coding & Product Development General-purpose Task Efficiency & Collaboration Notion AI Gemini CLI CURSOR Devin NotebookLM Claude Code
42. Photo Gallery
43. F2Fイベントや部活動等の様⼦ Photo Gallery
44. 44 Team Leadership History Contributions to Business & Developer Communities Employee Interviews
45. Industry professionals and leaders with proven track records in other fields 1/2 45 Leadership 野澤 遼 Founder, President & CEO Led LNG trading at Kansai Electric Power, worked for a U.S. resource trading company, and provided management consulting for energy companies at BCG before establishing enechain in 2019 Ryo Nozawa 藪内 悠貴 Director, CFO After working at JP Morgan Securities and The Carlyle Group, he joined Paidy. As Director and CFO, he led the construction of the balance sheet, leading to its acquisition by the PayPal group in 2021 Yuki Yabuuchi 須藤 優介 Executive Officer, CTO At GREE's web game division, he led projects from release to team formation. After working at BCG Digital Ventures, he became CTO of the marketing venture company LIDDELL Yusuke Suto 加藤 秀明 Director, Vice President After experience in the energy division at Kanematsu, led petroleum product broking at Amerex Energy Com. After electricity liberalization, he launched the electricity broking desk, realizing many transactions Hideaki Kato ⼤津 清太 Executive Officer / CEO, eClear Inc. / Managing Director, enechain Singapore After working in the coal division at Sojitz, he engaged in coal sales and purchase agreements at Vitol Asia and JERA Trading Singapore. He then led the sales of Australian and Indonesian equity coal at BMS Coal Sales Seita Otsu 樽井 直良 Executive Officer, Head of Sales Division As a reservoir engineer at JAPEX, he was in charge of reserve evaluation and production management for domestic oil and gas fields. He later provided management consulting mainly for electric power companies at BCG Tadayoshi Tarui Team
46. Industry professionals and leaders with proven track records in other fields 2/2 46 Leadership 堀越 徹哉 Executive Officer, General Manager, CEO Office After engaging in LNG/natural gas trading-related business at Mitsui & Co., he supervised LNG, crude oil, and other fuel trading in London and led M&A and PMI of local affiliated companies Tetsuya Horikoshi ⼤橋 奎哉 Executive Officer, Head of Product Planning Dept., Technology Division After working at GREE and as Executive Vice President of its new business subsidiary, he joined Mercari. He then led product development across multiple services as CPO at Apérza Keiya Ohashi 新井 友也 Executive Officer / CEO, eXstend Inc. After working at JGC Corporation and a foreign consulting firm, he joined A.T. Kearney, where he supported business strategy formulation. He then led projects for the energy industry Tomoya Arai Team 髙橋 昌⼦ Auditor After working at a major audit firm, she became a full- time auditor at Paidy. She currently provides accounting and tax services at her own accounting firm and serves as an independent outside director for listed companies. Certified Public Accountant/Tax Accountant Masako Takahashi
47. Grown to over 130 employees and reached Series B funding in 5 years since founding 47 History Team 2021.2 Product releases 2019.10 Founded in a room of a 55-year-old apartment building in Harajuku シリーズB 総額60億円の資⾦調達 2020.12 Relocated to Omotesando office 2022.8 Relocated office due to business and personnel expansion 2024.4 2022.9 Service launched 2023.4 Released 2023.10 Released シリーズA 16億円の資⾦調達 2022.1 2024.11 Released Employee Growth Series A funding Raised 1.6 billion yen Series B funding Raised 6.0 billion yen
48. Hosted a conference for energy companies titled "Japan Power Week," with over 350 people from more than 100 companies attending and provided updates on market views and institutional trends To Business Community Actively contribute to the communities that support our technology stack, such as serving as a Bronze Sponsor for Go Conference 2024 To Developer Community Contributing to the business and development communities that support our business 48 Team Contribution to Communities
49. 49 Employee Interview Team Executive Officer, CTO Yusuke Suto After graduating, I joined GREE as an engineer, where I gained experience in the development and management of web games and new businesses. Later, I was involved in business and organization as an engineer at BCG Digital Ventures and as CTO of a venture company. When I was looking for a new challenge, I had an interview with Mr. Nozawa. I will never forget the impact of that meeting. The scale and passion of the business, the impact on society, and the approach to building an organization. All of it was wonderful, and I remember being excited for some time after the interview. After talking with everyone at the company, I found them to be attractive in both their skills and personalities, and I immediately felt that I wanted to work with them. I think there are still many legacy aspects to the industry, but I find it rewarding to take on the challenge of breaking into it as a venture company. Taking on a legacy industry as a venture company
50. 50 Employee Interview Team Manager, Technology Division Yoichi Sugita After starting my career as an embedded systems engineer, I transitioned to a project manager role and was engaged in the contract development of smartphone applications for a long time. After that, at bitFlyer, while promoting the development projects of our own products, I also led the management of the engineering organization as the head of the system development department. When I was looking for my next challenge, a former colleague reached out to me, which was my first encounter with enechain. As I had more interviews with the employees, enechain's mission "Building Energy Markets, Coloring Our Society" and its values struck a chord with me, and I intuitively felt that this was the only place for my next challenge. In the new-to-me energy industry, I truly believe in achieving this grand mission by contributing to the scaling of the engineering organization, solving problems, and dramatically increasing productivity. Together with colleagues who embody our values, I want to accomplish "Social Good" with "Fly High" in our hearts. The mission and values struck a chord with me, and I knew this was the only place for my next challenge
51. 51 Employee Interview Team Head of Power Trading Division Miyoko Suzuki After graduating, I joined Mitsubishi Corporation and was involved in the overseas EPC business. I was mainly in charge of Asia, was stationed in Taiwan twice, served as a project manager for the construction of coal-fired and gas-fired power plants, and then engaged in the offshore wind power generation business. After that, I consistently worked in the electric power field, including establishing a joint venture with an electric power company and developing services for corporate customers there. Although I was enjoying my fulfilling days in the power industry, which I had hoped to be in, I came across enechain, learned about its mission and values, and met the passionate people trying to realize them. This made me want to become an agent of change in the transforming energy industry together with these people. After carefully reconsidering what working means to me and what kind of environment I want to be in with my limited time, I no longer had any hesitation about joining enechain. I feel that here is a place where I can grow together with professional and warm colleagues, supporting and stimulating each other. I want to be an agent of change in the energy industry, which is in a period of transformation
52. 52 Employee Interview Team General Manager, eClear Division Yuki Kawamoto While I was gaining a sense of growth at BCG, I was thinking about my next career—whether to join a large company or a startup. That's when Mr. Nozawa, with whom I had spent a year on a BCG project, reached out to me. The market size of tens of trillions of yen, the certainty of the business's path to success within it, and the seriousness of the organization tackling it—I felt a thrill I hadn't felt in a long time. I felt it was more than enough as a field to dedicate my life to challenging. On the other hand, since I was committed to continuing to be involved in tech, I communicated this desire directly in my interviews, and we had repeated conversations until both sides were satisfied with my career vision and the post-employment duties and long-term expectations. In my current job, in addition to being able to fully utilize the "tech knowledge x consulting capabilities" I have cultivated so far, I am also currently tackling organization building, which I had wanted to experience in the future, and I feel the true pleasure of proactively growing the people, organization, and business. Before, my days were busy, chasing after must-do tasks, but now, spontaneous ideas like "I want to do this" or "it would be interesting if I did this" keep popping up, and through them, I'm making myself busy (laughs). I'm living fulfilling days. My weapon is my ʻtech knowledge x consulting capabilities’
53. 53 Let’s build energy markets together! We look forward to your applications! Corporate Website This is enechain's corporate website. It provides information about our mission, company profile, services, etc. note We publish articles with member interviews and initiatives related to our organizational culture Tech Recruit Portal This is the recruitment site for the Technology Division. You can see our tech stack, organization members, open positions, etc. Open Positions https://enechain.co.jp https://tech.enechain.com Tech Blog Members of the Technology Division regularly post articles about technology and the organization https://techblog.enechain.com https://note.com/enechain https://herp.careers/v1/enechain