KYOTO, Japan--(BUSINESS WIRE)--Jul 24, 2018--Kyocera Corporation (herein “Kyocera”) and Tokyo Century Corporation (herein “Tokyo Century”) announced that Kyocera TCL Solar LLC (herein “Kyocera TCL Solar”) has completed construction of a 28 megawatt (MW) utility-scale solar power plant in the town of Taiwa, Kurokawa District, Miyagi Prefecture, Japan. The company has developed this 28MW solar power plant in collaboration with Tokyo-based Tsuboi Corporation and started operations in late June 2018.

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KYOCERA TCL Solar completes 28MW solar power plant in Miyagi Prefecture, Japan (Photo: Business Wire)

This is the company’s first solar power plant in Miyagi Prefecture and its second largest solar power plant following the 29.2MW solar power plant in Tottori Prefecture. 103,950 Kyocera solar modules will generate an estimated 33,000 megawatt hours (MWh) per year — enough electricity to power approximately 11,100 average households* 1 and capable of providing power to almost all the local households in the town of Taiwa which is adjacent to Sendai City, the heart of the Tohoku region. With more companies entering Miyagi Prefecture’s largest industrial park in this area, it is experiencing urbanization and population growth. The company hopes its solar power plant will be a local symbol of supporting people’s lives and developing the local community while coexisting with the region’s rich nature.

Kyocera TCL Solar has constructed solar power plants in 67 sites across Japan including this 28MW plant, with approximately 258.1 MW* 2 of total output since the company was established in August 2012. Kyocera TCL Solar, Kyocera and Tokyo Century remain committed to promoting renewable energy as well as contributing to environmental protection and the creation of a sustainable society through their solar energy business.

*1 Based on average annual use of 2,973.6 kWh per household. Source: Japan Atomic Energy Relations Organization (Graphical Flip-chart of Nuclear & Energy Related Topics) *2 Total output of the plants in operation as July 1, 2018

For more information about Kyocera solar energy: https://global.kyocera.com/prdct/solar/

Kyocera Corporation (TOKYO:6971) ( http://global.kyocera.com/ ), the parent and global headquarters of the Kyocera Group, was founded in 1959 as a producer of fine ceramics (also known as “advanced ceramics”). By combining these engineered materials with metals and integrating them with other technologies, Kyocera has become a leading supplier of solar power generating systems, industrial and automotive components, electronic devices, printers, copiers and mobile phones. During the year ended March 31, 2018, the company’s consolidated net sales totaled 1.58 trillion yen (approx. USD14.9 billion). Kyocera appears on the “Top 100 Global Innovators” list by Clarivate Analytics and is ranked #612 on Forbes magazine’s 2018 “Global 2000” list of the world’s largest publicly traded companies.

Tokyo Century Corporation (TOKYO:8439) ( https://www.tokyocentury.co.jp/en/ ) was launched in 2009 through the merger of Century Leasing System, Inc. and Tokyo Leasing Co., Ltd. Its core lines of business include equipment leasing, specialty financing, domestic automobile financing, and international business, with operations in 37 countries and regions around the world. Tokyo Century is focused on high-growth areas that transcend the boundaries of leasing and finance, such as aviation, solar power generation, and robot rental businesses. As of the year ended March 31, 2018, the company's consolidated segment assets reached total of 3.3 trillion yen (approx. USD31.3 billion), and the company's market capitalization stood at 703 billion yen (approx. USD6.6 billion).

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CONTACT: KYOCERA Corporation (Japan)

Natsuki Doi, +81-(0)75-604-3416

Corporate Communications

webmaster.pressgl@kyocera.jp

Fax: +81-(0)75-604-3516

or

Tokyo Century Corporation

Keisuke Yamashita, +81-(0)3-5209-6710

Investor Relations Division

Inquiry:https://www.tokyocentury.co.jp/en/contact/form.php

KEYWORD: ASIA PACIFIC JAPAN

INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY TECHNOLOGY HARDWARE OTHER TECHNOLOGY SEMICONDUCTOR MANUFACTURING ENGINEERING OTHER MANUFACTURING ENVIRONMENT CONSTRUCTION & PROPERTY OTHER CONSTRUCTION & PROPERTY

SOURCE: Kyocera Corporation

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PUB: 07/24/2018 08:07 AM/DISC: 07/24/2018 08:07 AM

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