MERIT was founded in 1986 in conjunction with Kogakuin University (KUCEL) to promote research and development activities on hydrogen technology, as the first Japanese company working in collaboration with a university. Since then, MERIT has been providing products that embody new technology developed by its researches for industrial circles.

Today, MERIT is mainly focused on new technology for the use of hydrogen as clean energy. The company hopes to contribute to global society by providing basic research results and industrial knowledge worldwide toward the new energy era.

1986
February
MERIT was founded in Chiyoda-ku, Tokyo with a capital of 75 million yen to promote research and development activities on hydrogen energy, as the first Japanese company working in collaboration with a university.
April
The Center for the Development of Metal Hydrides was established to develop a project for comprehensive hydrogen energy supply (CHES).

April

The Center for the Development of Separation Technologies was established to promote bioreactors and advanced technologies for extracting the critical gas and separating membranes (The chief of the center: Mitsuho Hirata, a professor emeritus of Tokyo Metropolitan University and the chairman of the committee for separation technology).
1987-1990
1987
February MERIT successfully developed the world's largest system using metal hydride to store nighttime electricity (50 MW / hour), and installed the system in the study hall of Kogakuin University at Hachioji as an air conditioning and heating device.
April MERIT set to work on the collaborative research on Industrial evaluation on a heat regenerating pump driven with electric power stored during the nighttime with Tokyo Electric Power Company.
October In cooperation with the State of Hawaii and the Pacific International Center for High Technology Research (PICHTR), MERIT set about developing the CHES Project.
1988
April As a three-year project on developing technology for alternative energy to petroleum, MERIT set about the collaborative research on The development of highly efficient systems for heat sources through new thermodynamic cycles with Japan Metals & Chemicals Co., Ltd. (subsidized by the Agency of Industrial Science and Technology at the Ministry of International Trade and Industry).
1989 November The research on the hydrogen energy system for linear motor vehicles was commissioned by the Railway Technical Research Institute.
1990 April The Educational Center for Advanced Science, Technology, and Information was founded to launch an educational business that provides scientific and technical knowledge to R & D managers in enterprises via computers.
April MERIT participated in the three-year study of Technology for transporting alternative energy to petroleum, on which the New Energy and Industrial Technology Development Organization commissioned the Engineering Advancement Association of Japan to conduct a research.
July The research on Energy conversion systems by adopting metal hydrides were commissioned by NTT Building Technology Institute Co., Ltd.
1991 April As a four-year project on developing technology for alternative energy to petroleum, MERIT set about the collaborative research on The development of a steady hydrogen supply system based on hydrogen storage by adopting metal hydrides with Benkan Corporation (subsidized by the Agency of Industrial Science and Technology at the Ministry of International Trade and Industry).
November Under the guidance of the Osaka Industrial and Technical Research Institute (a part of the Agency of Industrial Science and Technology at the Ministry of International Trade and Industry), MERIT set to work on developing a catalyst-burning machine for hydrogen.
1992-1999
1992 July The research on Physical properties and applications of metal hydrides was commissioned by E.D. Engineering Co., Ltd.
October The Shinriki New Energy Inc., founded by the New Energy and Material Research Institute at the Nankai University in China, and MERIT agreed in establishing a company for collaborative research and development in nickel hydrogen cells.
1993 January The General Research Institute for Colored Metals in China and MERIT agreed upon collaborative research and development in metal hydride technologies.
1994 January MERIT participated in the project field of Technology for hydrogen transport and storage by adopting metal hydrides. The entire project was the International Clean Energy System for Hydrogen Use (WE-NET) promoted by the Agency of Industrial Science and Technology at the Ministry of International Trade and Industry.
1995 March MERIT successfully developed a system for the steady hydrogen supply based on hydrogen storage by adopting metal hydrides.
April The general agency contract regarding the sale of MERIT's proprietary technologies were concluded with NTT Leasing Co., Ltd.
April MERIT set to work on The development of technology for the use of crude hydrogen by adopting fluorinated metal hydrides (a four-year project on developing technology for alternative energy to petroleum subsidized by the Agency of Industrial Science and Technology at the Ministry of International Trade and Industry).
November The head office was moved to Shinjuku, Tokyo.
1996 March Its capital was increased to 295 million yen.
April The contract of business partnership regarding the sale of technologies was concluded with Mitsui & Co., Ltd.
June MERIT was launched on the collaborative development of high-powered secondary cells by adopting AB2 fluorinated metal hydrides.
1997 February Technical transfers related to fluorinated metal hydride production for nickel hydrogen cells were implemented to Japan Metals & Chemicals Co., Ltd.
July MERIT received a grant for The development of secondary nickel and hydrogen cells for automobiles from the Fuji Public Trust Fund for New Businesses.
1998 April The research on a heat exchanger for a regeneration system for housing was commissioned.
September The research on technology for generating hydrophile property through fluorination of stainless steel surfaces was commissioned.
1999 June The research on Applications of fluorinated metal hydrides to nickel hydrogen cells was commissioned by the Japan Science and Technology Corporation.
July MERIT conducted the research on The development of a high-powered heat exchanger for metal hydrides for the Small Business Innovation Research (SBIR) implemented by the Japan Small and Medium Enterprise Corporation.
2000 March The research on the development and demonstration of fundamental technology for the practical use of fuel cells was commissioned by the New Energy and Industrial Technology Development Organization (NEDO).
 
2000-2007
 
2001
 

 

May

 

The research on the development and demonstration of basic technology for the practical use of sodium borohydride was funded by the Japan Science and Technology Organization (JST).

2002

December    

The NEDO project on the hydrogen storage and generation by sodium borohydride was started under the collaborative project with 6 industialfarms and 2 universities.  

2004

June 

Developement of Direct Borohydride Fuel Cell (DBFC) is started as the TLO -joint project with several industrial farms and Kogakuiin University (KUCEL) under the NEDO funding.

2005

2005

2007

February

April   

  June    

A prototype model of 300W DBFC was developed during the 3 yearsfTLO|NEDO project

PEMFC named "SuperPEM" ranging from 50W to 1kW was developed that is based on the catalytic hydrolysis of sodium borohydride,                                                                                              

An international project for the production & regeneration of sodium borohydride was initiated.