PowerCell and Inabata & CO Ltd., sign exclusive distribution agreement for the Japanese market
PowerCell has signed an exclusive distribution agreement for the Japanese market with the Japanese trading company Inabata & CO. Ltd. The agreement gives Inabata an exclusive license to market and sell all PowerCell’s fuel cell stacks and fuel cell systems in the Japanese market with the exception of PowerCell S3 for the automotive segment.Through its seven business divisions the Japanese trading company Inabata, operates within four different segments (Information & Electronics, Chemical, Life Industry, Plastics). Total revenues in the fiscal year 2018 amounted to 634.7 bn JPY with roughly