UPDATER Inc./Japan
1 known investors
UPDATER is a Japanese company building "proof infrastructure" that measures and records tamper-proof data on how electricity, goods, and environmental impact are produced, verifying provenance and authenticity. Starting in 2011 with renewable electricity traceability, it consolidates this verification into a single proof ledger and serves businesses and consumers seeking to authenticate the origin of products and energy.
Also known as Minna Denryoku · みんな電力 · 株式会社UPDATER
Founders & leadership
Investors · 1
Company profile
researched Aug 2026株式会社UPDATER (UPDATER Inc.) is a Japanese company that develops what it calls "骨太なSX" (sustainability transformation) services built around making producers and supply chains visible. Its central premise is that the invisibility of the people who make everyday goods — coffee, clothing, the electricity used to charge a phone — is connected to social problems such as climate change, poverty, and physical and mental health, and its products are designed to disclose that origin information to buyers.
The company operates a portfolio of services spanning several sustainability themes, offered both to corporate customers and to individual consumers. In decarbonization, it supplies renewable electricity from generation plants across Japan as "顔の見える電力" (electricity with a visible face), disclosing the producer's identity and story to consumers, and supplies RE100-compliant renewable electricity with traceability to companies pursuing decarbonized operations. Other lines include a fashion sustainability service providing ethical scores for more than 6,000 fashion brands worldwide plus a corporate-facing ethical rating guide; an EC media business that plans and sells ethically sourced products; a supply-chain visualization service for clean transactions and "consumption with a visible face"; a soil service that visualizes soil carbon storage, biodiversity and plant-fungus symbiosis for land regeneration and farmland value-add; a corporate well-being service that redistributes recruiting costs on the principle that "good companies naturally attract people"; and a physical retail store in Shimokitazawa selling ethical confectionery, fermented sweets and craft goods. Consumer- and corporate-facing membership platforms consolidate these offerings into a single sustainability platform.
Brands and sub-businesses referenced by the company include みんな電力 (electricity), みんな商店 (ethical commerce), みんなワークス (workforce/well-being) and its SX services line.
Founding story
The company traces its origin to a idea from founder Eiji Oishi — the wish to be able to buy "the electricity that a particular person made" — which became the basis for UPDATER's producer-visible approach to energy and goods.
Business model
UPDATER sells sustainability services to both corporate and individual customers, consolidating them on a single platform. Corporate offerings include membership-based sustainability management support, RE100-compliant traceable renewable electricity supply, an ethical rating guide for fashion, supply-chain visualization, soil carbon and biodiversity measurement, and a well-being/recruiting service. Consumer offerings include renewable electricity retail with disclosed generators, a fashion brand ethical-score service, an ethical-commerce EC media property and a physical shop.
Latest developments
In August 2026 UPDATER announced it had provided an hourly-matching electricity tracking system to TISI for use in the EneLink series of core systems for electricity retailers, and announced a second consecutive year of sponsorship of the Sustainable Cosme Award with its UPDATER Prize revised to a consumer-participation format. It also issued a public warning about impersonation emails purporting to come from its representative. The company has obtained B Corp certification and runs projects including an acorn tree-planting donation initiative with Kyoko Koizumi.
▸Full profile — market position, technology, go-to-market, geography, risks & controversies
Market position
UPDATER positions its services around disclosure of the producer behind a product or unit of electricity, including plant-designated renewable power purchasing enabled by blockchain and traceability certified as RE100-compliant. The company states it has no mission or vision statement, only an action principle of doing work that is interesting and profitable.
Technology
UPDATER develops technology with universities, research institutions and other partners. Stated areas include blockchain used to enable electricity purchases designated to a specific generation plant, analysis of air-quality data across Japan, an electricity tracking system supporting hourly matching, and visualization of soil carbon storage, biodiversity and plant-fungus symbiosis.
Go-to-market
The company reaches consumers through branded services (みんな電力, みんな商店), an EC media property, a physical store, artist collaborations, and public programs such as school energy classes and event-based initiatives; corporate customers are addressed through a membership sustainability service and B2B electricity, procurement and workforce products. It also supplies systems to other companies, such as an electricity tracking system for a retail-electricity core system series.
Corporate customers pursuing decarbonization, RE100 compliance, ethical procurement, supply-chain transparency and employee well-being, alongside individual consumers buying renewable electricity, ethical products and fashion sustainability information.
Geography
Japan-based, sourcing electricity from renewable generation plants across the country and operating a retail store in Shimokitazawa, Tokyo; its fashion service covers over 6,000 brands worldwide.
Risks & controversies
In August 2026 the company published a public alert about fraudulent emails impersonating its chief executive.
Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 3
launches, deals, and filingsUPDATER provided an electricity tracking system supporting hourly matching to TISI, to be used in the 'EneLink' series of core systems for electricity retailers.
UPDATER announced it is sponsoring the Sustainable Cosme Award for a second straight year and is renewing its UPDATER Prize into a consumer-participation format.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 1
primary sources listed
- UPDATER Inc./Japanupdater.co.jp · web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does UPDATER Inc./Japan do?
- Japanese sustainability company using traceability technology to make the origins of electricity, goods and impact visible.
- Who are UPDATER Inc./Japan's investors?
- UPDATER Inc./Japan's investors include W Inc..