Marubeni Corporation (hereinafter, “Marubeni”), H.I.S. Co., Ltd. (hereinafter, “H.I.S.”), Mizuho Bank, Ltd. (hereinafter, “Mizuho Bank”), and Tokio Marine & Nichido Fire Insurance Co., Ltd. (hereinafter, “Tokio Marine & Nichido”) have been selected by the Osaka Prefectural, Osaka City, and Hyogo Prefectural authorities to receive a subsidy for their urban flying car*1 business project.

As part of this grant project, following completion of an assessment comprising the following studies,
Marubeni, H.I.S., Mizuho Bank, and Tokio Marine & Nichido will collaborate in the creation of a business
promotion system for the operation of a flying car service.

Details:

Studies

1. Demand estimation for Kansai region 2. Flight plan analysis 3. Simulation of optimal charging and battery management method

Study areas

Source: Created by processing the Portal Site of Official Statistics of Japan (e-Stat; https://www.e-stat.go.jp/en/node) Routes will comprise various connections between two of the following areas ①-⑩. ① Yumeshima area ② Center of Osaka City (Morinomiya area) ③ Center of Kobe city ④ Center of Amagasaki city ⑤Kansai International Airport area ⑥ Kobe Airport area ⑦ Tajima area (Takeda Castle, Kinosaki, Tajima Airport) ⑧ Awaji area ⑨ Koyasan area ⑩ Seto Inland Sea area (Shodoshima, Naoshima, Fukuyama）

Roles for business feasibility assessment:

Marubeni	Project management, lead on multiple studies, business plan review
H.I.S.	Assessment of ticket pricing and sales promotion ideas for flying car service
Mizuho Bank	Evaluate depreciation expense and ownership costs for flying car aircraft
Tokio Marine & Nichido	Design Japanese insurance service for flying car aircraft

By identifying potential routes through this joint assessment, Marubeni, H.I.S., Mizuho Bank, and Tokio Marine & Nichido will work towards the early realization of a new form of aerial mobility in the Kansai region.

*1 Flying cars: An advanced means of aerial mobility, electrically powered and capable of autonomous takeoffs and vertical landings, to facilitate more accessible and convenient air travel.

Osaka Prefectural Government Website (Japanese language only):
https://www.pref.osaka.lg.jp/energy/evtol/hojyokin-soratobu2.html
Osaka City Government Website (Japanese language only):
https://www.city.osaka.lg.jp/keizaisenryaku/page/0000599923.html
Hyogo Prefectural Government Website (Japanese language only):
https://web.pref.hyogo.lg.jp/sr10/sorakuru.html