On May 27, UNIVA Oak Holdings (UOH) established a subsidiary (Univa Magnum Co., Ltd.) that will be the main operator of the next-generation storage battery (magnesium storage battery) business in anticipation of entering the next-generation storage battery (magnesium storage battery) business as a new business domain. In the future, we plan to officially proceed with commercialization through the transfer of related technologies. If magnesium storage batteries, which are secondary batteries, can be realized, it will be possible to reduce costs, have high safety, and supply them in large quantities. It is also expected to contribute to solving social issues such as soaring prices and supply instability of lithium-based storage batteries, which are currently the mainstream scarce resource. As a clean energy business on a par with the solar power generation business currently undertaken by North Energy Co., Ltd., the UOH Group aims to contribute to one of the 17 goals of the SDGs, which is to ensure that all people have permanent access to cheap and safe energy.