Vancouver, BC, March 30, 2023—The Copperleaf® Decision Analytics Solution is now live at Idemitsu Kosan, one of Japan’s largest producers and suppliers of energy. Copperleaf was selected to help Idemitsu Kosan improve operational efficiency, optimize capital investment portfolios, and align investment decisions with business strategy.
“We are very grateful that the implementation was completed successfully on schedule and that we were able to collaborate with Copperleaf as one team. We are using Copperleaf Portfolio™ to improve investment management and evaluation, and streamline the investment entry process,” said Shuhei Ono, Manager, Planning & Coordination Section, Manufacturing & Technology Department at Idemitsu Kosan. “We believe that establishing a more consistent Asset Investment Planning and Management (AIPM) process in our manufacturing division will contribute to a safe and stable operation and help us on our journey to a carbon neutral future.”
“It’s been a great experience working with Idemitsu Kosan and everyone is delighted by the success of the implementation,” added Hayato Osawa, Sales Director of Copperleaf in Japan. “We’re excited to help the company leverage its operational, financial, and asset data to make more sustainable investment decisions that deliver the highest business value.”
“We’re thrilled to be part of Idemitsu Kosan’s journey to improve its investment decision-making processes,” commented Rob Tanner, Copperleaf’s Managing Director, Asia Pacific and Japan. “We look forward to a long-term partnership with Idemitsu Kosan to deliver the value that we know our solution can help to unlock. We thank the company for their trust and confidence in us.”
This news release may contain “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities laws in Canada, including, without limitation, statements with respect to our expectations, future plans or opportunities. Forward-looking information is necessarily based on a number of opinions, estimates and assumptions that we considered appropriate and reasonable as at the date such statements are made, but which are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to the risk factors described in our 2021 Annual Information Form (“AIF”) under “Risk Factors. Accordingly, readers should not place undue reliance on forward-looking information.
These statements reflect the Company’s current expectations regarding future events, performance, and results and speak only as of the date of this news release. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except as required by securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if the Company’s expectations regarding future events, performance, or results change.
About Idemitsu Kosan Group
Idemitsu Kosan Co., Ltd. is one of Japan’s leading producers and suppliers of energy. The company’s global operations, spanning over 60 business bases across 20 countries and regions outside of Japan, encompass fuel oils, lubricants, asphalt, oil and gas development, renewable energy, coal and low-carbon solutions, petrochemicals, electronic materials, and agri-bio products. For more information about Idemitsu Group, see: www.idemitsu.com
Copperleaf (TSX:CPLF) provides enterprise decision analytics software solutions to companies managing critical infrastructure. We leverage operational and financial data to empower our clients to make investment decisions that deliver the highest business value. What sets us apart is our commitment to providing extraordinary experiences, shaped by people who care deeply, products that deliver exceptional value, and partnerships that stand the test of time. Copperleaf is a patron of The Institute of Asset Management and actively participates in shaping the future of asset management standards, including ISO 55000. Headquartered in Vancouver, Canada, our solutions are distributed and supported by regional staff and partners worldwide. Together, we are transforming how the world sees value.
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