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ASUENE USA Signs MoU with Pacific Summit Energy, a 100% Subsidiary of Sumitomo Corporation on Mutual Customer Referrals and Joint Marketing in the U.S. Market.

For Immediate Release
March 25, 2025

ASUENE USA, the U.S. subsidiary of ASUENE Inc. has signed a Memorandum of
Understanding (MoU) with Pacific Summit Energy LLC (PSE), a 100% subsidiary of Sumitomo
Corporation and a U.S.-based trading and marketing company specializing in energy and
environmental products. Through this partnership, we aim to expand our business in the U.S.
decarbonization market by facilitating mutual customer referrals and joint marketing activities.

Background of the Partnership and MoU

ASUENE Inc. provides “ASUENE,” a cloud-based solution that enables companies to measure,
reduce, disclose, and verify carbon emissions, supporting their journey toward decarbonization.
With over 10,000 corporate clients in Japan, ASUENE holds a leading market share, particularly
in the manufacturing sector, where it has built a strong customer base. Leveraging this success,
the company is actively expanding its presence globally.
ASUENE USA, established in November 2023, has brought the “ASUENE” platform to the
American market.

Pacific Summit Energy LLC (PSE), a wholly owned subsidiary of Sumitomo Corporation, is a
trading and marketing company specializing in natural gas, LNG, power, and environmental
products including Renewable Energy Certificates (RECs) in the US. Through its activities, PSE
is contributing to both energy security and the advancement of sustainable solutions.

This partnership was established with the goal of providing comprehensive decarbonization
solutions to customers by combining ASUENE’s extensive customer network with PSE’s
expertise in providing REC solutions. As ASUENE specializes in large energy-consuming
industries, such as manufacturing, and PSE focuses on the trading and marketing of RECs in
the U.S. market, this collaboration enables us to offer more efficient and effective services.
Furthermore, through joint marketing initiatives, we aim to support a wider range of companies
taking meaningful steps toward a more sustainable future.

Scope of the Partnership

Under this partnership, ASUENE USA will provide its cloud platform, “ASUENE,” which
measures, reduces, discloses, and verifies carbon emissions to support businesses in their
decarbonization efforts. PSE will support customers in achieving carbon neutrality goals by
supplying RECs.

Additionally, we will collaborate on joint marketing initiatives, including
participating in industry exhibitions, hosting webinars, and offering corporate education
programs to promote sustainable business practices. Through these activities, ASUENE USA
and PSE aim to strengthen our competitiveness in the U.S. market, drive business growth, and
enhance brand value.

For ASUENE, which aspires to be the global leader in decarbonization solutions, this
partnership marks a significant milestone. By working together, ASUENE will unlock new
business opportunities and accelerate its contribution to a more sustainable society.

About Pacific Summit Energy LLC
Company name: Pacific Summit Energy LLC (a 100% subsidiary of Sumitomo Corporation)
Representative: President & Chairman Eijiro Nagao
WEB site: https://pacificsummitenergy.com/

About ASUENE USA
Company name: Asuene USA Inc. (a U.S. subsidiary of ASUENE Inc.)
Representative: CEO Kohei Nishiwada
WEB site: https://asuene.com/us

Asuene Company Profile
Asuene Inc. is a leading Climate Tech company in Japan with the mission of ”Changing the
world for the next generation”. We provide “ASUENE”, a carbon accounting platform to
measure, report and reduce carbon emissions of companies and we contribute to the net zero
society.

Company name: Asuene Inc.
Representative: Founder & CEO Kohei Nishiwada
Date of establishment: October, 2019
Headquarters: WeWork, KDX Toranomon 1Chome Building 4F, 1-10-5 Toranomon, Minato-Ku
URL: https://corp.asuene.com/en

For media inquiries, please contact:
Asuene Inc.
Ayako Hattori
Email: press@asuene.com
Website: https://asuene.com/en

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