enechain Completes Strategic Business Reorganization

TOKYO – enechain Corporation today announced that it has completed a strategic business reorganization via an absorption-type company split (the “Company Split”) involving enechain Corporation (“enechain”) and its wholly-owned subsidiaries, zillion Corporation (“zillion”) and eSquare Corporation (“eSquare”), became effective today, October 1, 2026.  

1. Background and Purpose of the Reorganization  

The enechain group has been working to strengthen its group management structure to support the continued growth of each of its businesses. The purpose of the Company Split is to transition to a structure in which enechain is responsible for group-wide strategy, capital allocation, and governance, while each operating company assumes management responsibility and decision-making authority for its respective business.  

By consolidating the brokerage services and the trading platform business into separate, independent operating companies, we aim to further specialize and enhance the agility of each business while also clarifying the information management structure for our business operations. Drawing on the knowledge and expertise that enechain has developed over the years, zillion and eSquare will further sharpen their management focus on their respective businesses and continue to work toward improving their services.  

2. Overview of the Company Split  

Through the Company Split, the brokerage services previously provided by enechain have been transferred to zillion, a wholly-owned subsidiary of enechain. Starting today, zillion has commenced providing electricity and fuel brokerage services as an independent operating company.  

In addition, JCEX, the platform for trading environmental commodity both in Japan and overseas, has been transferred to eSquare, which operates the electricity trading platform business. Starting today, eSquare will provide JCEX as part of its integrated trading platform business.  

Following the Company Split, enechain will continue to be responsible for group-wide strategy, capital allocation, and governance as the parent company of zillion and eSquare. 

 Summary of Subsidiary Operating Entities

About enechain  

enechain is a startup running the energy forward marketplace in Japan, with a cumulative GMV of over 3 trillion JPY. From electricity and fuels to environmental commodities, our goal is to achieve “Social Good” by creating fair markets where anyone can trade any type of energy.  

In addition to our marketplace business, enechain offers a range of integrated tools to support energy trading, including clearing facility, data platform, and risk management software tailored to market participants' needs, providing comprehensive support to energy companies.  

enechain’s shareholders include global venture investors such as DCM Ventures, Soros Capital Management, and Coreline Ventures, as well as strategic investors from Japan’s energy and financial sectors.  

For more information, please visit enechain.co.jp/en.