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Earnings presentation1436GreenEnergy & Company Inc.Construction and Materials

Financial Results Presentation for the Fiscal Year Ending April 2026

For the fiscal year ended April 2026, revenue and profit at every stage increased significantly, mainly due to growth in the grid-scale battery business. Revenue and operating profit reached record highs. For the fiscal year ending April 2027, the company expects higher revenue and profits, including revenue of ¥21.5 billion and operating profit of ¥1.45 billion.

Worth reading
58In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
158
Year-on-year change in revenue (%)
Wording
Conditional
How definitive the wording is.

Contents of this document

Earnings presentationFiscal year ending April 202613 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥18,358 million+158.0%
Operating profit¥1,191 million+219.3%
Ordinary income¥1,029 million+252.3%
Net income¥500 million+181.6%
Selling, general and administrative expenses¥2,701 million
Full-year earnings forecast
Net Sales
¥21,500 million
Operating profit
¥1,450 million
Ordinary income
¥1,300 million
Profit attributable to owners of the parent
¥800 million
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Generally in line with the plan
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
Plan incorporating, to a certain extent, external factors such as the prolonged interconnection procedures with power companies
New initiatives
  • Expanding development of grid-scale batteries into the low-voltage segment
  • Expanding into aggregation and O&M businesses for facilities that have commenced operations
  • Continuing the strategic business partnership with Taiwan-based Recharge Power
  • Joint development with 多摩川エナジー of 10 grid-scale battery units
  • Development and sale of homes equipped with grid-scale batteries
  • Establishment of 2 limited liability companies to own grid-scale batteries
  • Announcement of the off-grid trailer house “Zero Infra ASOBOX”
  • Full-scale entry into the healthcare business
  • Adoption and implementation of the O&M management platform “MISORA”
Key KPIsA metric the company considers important as a management benchmark.
  • Cumulative number of grid-scale battery orders29 Engagements
  • Number of solar power facility plots sold during the period191.67 sites
    Year on year against the same period last year341.00 plots in the same period of the previous year
  • Number of grid-scale batteries sold during the period5 Engagements
    Year on year against the same period last year0 units in the same period of the previous year
  • Number of net-zero energy houses sold during the period262 buildings
    Year on year against the same period last year255 houses in the same period of the previous year
  • Number of O&M assets under management1,909 Engagements
    Year on year against the same period last year1,893 assets at the end of the previous fiscal year
  • Number of green energy facilities developed5,592 Engagements
  • Number of Non-FIT power plants developed1,073 sites
    Year on year against the same period last year+126.0%
  • Number of employees in the Non-FIT and grid-scale battery organization81 People
    Year on year against the same period last year38 people in the previous fiscal year
  • Number of development properties acquired264 buildings
    Year on year against the same period last year+120.0%
Segment results
Flow business
Net Sales
¥14,672 million+141.8%
Operating profit
¥1,317 million+144.1%
Solar power facilities and grid-scale batteries
Net Sales
¥7,277 million+189.8%
Operating profit
¥763 million+210.3%
Net-zero energy houses
Net Sales
¥7,395 million+113.6%
Operating profit
¥554 million+100.6%
Recurring-Revenue Businesses
Net Sales
¥3,685 million+290.0%
Operating profit
¥526 million+208.2%
O&M and power generation business
Net Sales
¥3,685 million+290.0%
Operating profit
¥526 million+208.2%
Medium-term management plan targets
Green300
Target fiscal yearFiscal year ending April 2029
Net Sales
¥300 million
Operating profit
¥20 million
Long-Term Vision
Target fiscal yearFiscal year ending April 2035
Net Sales
¥1,000 million
Financial targets
ROE targetAims to achieve ROE of 20% or higher at an early date
Actual ROEFiscal year ended April 2026: 9.4%
Market Size / Share
Grid-scale battery market
Market size in fiscal 2030
¥4,240 million
Government target
Installed capacity
Up to 23.8
Orders received and order backlog
Cumulative orders: 29 (order value: not disclosed)
Number of stores and locations
Number at period-end5 company-operated stores (as of April 2026)
Number of employees
Employees in the Non-FIT and grid-scale battery organization: 81 (38 in the previous fiscal year). Total company employees: not disclosed
Annual Dividend
Annual dividend per share
Fiscal year ending April 2026
¥5
Forecast for the fiscal year ending April 2027
¥6
Payout ratio
Approximately 15%
Contents of this document
ItemDetails
Document typeEarnings presentation
Fiscal Period CoveredFiscal year ending April 2026
Net Sales¥18,358 million (YoY +158.0%)
Operating profit¥1,191 million (YoY +219.3%)
Ordinary income¥1,029 million (YoY +252.3%)
Net income¥500 million (YoY +181.6%)
Selling, general and administrative expenses¥2,701 million
Full-year earnings forecastNet Sales ¥21,500 million / Operating profit ¥1,450 million / Ordinary income ¥1,300 million / Profit attributable to owners of the parent ¥800 million
Self-assessment against the planGenerally in line with the plan
Segment resultsFlow business Net Sales ¥14,672 million (YoY +141.8%) / Operating profit ¥1,317 million (YoY +144.1%) / Solar power facilities and grid-scale batteries Net Sales ¥7,277 million (YoY +189.8%) / Operating profit ¥763 million (YoY +210.3%) / Net-zero energy houses Net Sales ¥7,395 million (YoY +113.6%) / Operating profit ¥554 million (YoY +100.6%) / Recurring-Revenue Businesses Net Sales ¥3,685 million (YoY +290.0%) / Operating profit ¥526 million (YoY +208.2%) / O&M and power generation business Net Sales ¥3,685 million (YoY +290.0%) / Operating profit ¥526 million (YoY +208.2%)
Key KPIsIndicator name Cumulative number of grid-scale battery orders / Value 29 Engagements / Year on year against the same period last year Not disclosed, Indicator name Number of solar power facility plots sold during the period / Value 191.67 sites / Year on year against the same period last year 341.00 plots in the same period of the previous year, Indicator name Number of grid-scale batteries sold during the period / Value 5 Engagements / Year on year against the same period last year 0 units in the same period of the previous year, Indicator name Number of net-zero energy houses sold during the period / Value 262 buildings / Year on year against the same period last year 255 houses in the same period of the previous year, Indicator name Number of O&M assets under management / Value 1,909 Engagements / Year on year against the same period last year 1,893 assets at the end of the previous fiscal year, Indicator name Number of green energy facilities developed / Value 5,592 Engagements / Year on year against the same period last year Not disclosed, Indicator name Number of Non-FIT power plants developed / Value 1,073 sites / Year on year against the same period last year 126 sites, Indicator name Number of employees in the Non-FIT and grid-scale battery organization / Value 81 People / Year on year against the same period last year 38 people in the previous fiscal year, Indicator name Number of development properties acquired / Value 264 buildings / Year on year against the same period last year 120 buildings
Number of stores and locationsNumber at period-end 5 company-operated stores (as of April 2026) / Number of store openings and closures during the period Not disclosed
Number of employeesEmployees in the Non-FIT and grid-scale battery organization: 81 (38 in the previous fiscal year). Total company employees: not disclosed
Assumptions Underlying the Business OutlookPlan incorporating, to a certain extent, external factors such as the prolonged interconnection procedures with power companies
Medium-term management plan targetsGreen300 Target fiscal year Fiscal year ending April 2029 / Net Sales ¥300 million / Operating profit ¥20 million / Long-Term Vision Target fiscal year Fiscal year ending April 2035 / Net Sales ¥1,000 million
Financial targetsROE target Aims to achieve ROE of 20% or higher at an early date / Actual ROE Fiscal year ended April 2026: 9.4%
Annual DividendAnnual dividend per share Fiscal year ending April 2026 ¥5 / Forecast for the fiscal year ending April 2027 ¥6 / Interim and Year-End Breakdown Not disclosed
Payout ratioApproximately 15%
Orders received and order backlogCumulative orders: 29 (order value: not disclosed)
Market Size / ShareGrid-scale battery market Market size in fiscal 2030 ¥4,240 million / Government target Installed capacity Up to 23.8
New initiativesExpanding development of grid-scale batteries into the low-voltage segment, Expanding into aggregation and O&M businesses for facilities that have commenced operations, Continuing the strategic business partnership with Taiwan-based Recharge Power, Joint development with 多摩川エナジー of 10 grid-scale battery units, Development and sale of homes equipped with grid-scale batteries, Establishment of 2 limited liability companies to own grid-scale batteries, Announcement of the off-grid trailer house “Zero Infra ASOBOX”, Full-scale entry into the healthcare business, Adoption and implementation of the O&M management platform “MISORA”
Items this document does not state (10)
Gross Profit MarginOperating profit marginResults for the three months of the current quarterProgress against full-year forecastBreakdown of Factors Affecting the ChangeUnit price and quantity metricsRisk amount incorporated into the outlookAcquisition of treasury sharesCapital expendituresKey points of the Q&A

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The company cited growth in the grid-scale battery business, increased staffing, and higher upfront expenditures for the grid-scale battery business. It also stated that it reduced inventories in its existing businesses and strengthened the allocation of funds to the grid-scale battery business.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Financial Results Presentation for the Fiscal Year Ending April 2026 | GreenEnergy & Company Inc. (1436) timely disclosure | Komori