Agreements reached under this partnership
Joint Ventures- 1
Jointly participate in the grid-scale battery storage business and establish a limited liability company for this business
- 2
The business will cover 5 or more grid-scale battery storage systems
- 3
The scale of the business may be expanded through the participation of new silent partnership investors
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
The business will cover 5 or more grid-scale battery storage systems. The target completion date is Not disclosed.
This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).
The impact on consolidated results for the fiscal year ending April 2027, including the impact of other factors, is currently under review. If any matters requiring disclosure arise, they will be disclosed promptly.
| Item | Details |
|---|---|
| Name of alliance partner | KURADASHI.Co.,Ltd. |
| Alliance partner's business activities | Operation of the social-good marketplace "Kuradashi" |
| Alliance partner's location | Shinagawa Ward, Tokyo |
| Alliance partner's capital | ¥10.337 million |
| Type of alliance | Joint Ventures |
| Details of the alliance | Jointly participate in the grid-scale battery storage business and establish a limited liability company for this business, The business will cover 5 or more grid-scale battery storage systems, The scale of the business may be expanded through the participation of new silent partnership investors |
| Overview of the joint venture | The name, location, business activities, capital amount and ownership ratios of the joint venture company will all be considered and determined in the future, with further disclosure to be provided once decided. |
| Numerical targets under the alliance | The business will cover 5 or more grid-scale battery storage systems. The target completion date is Not disclosed. |
| Contract Date | 30 June 2026 |
| Impact on Business Performance | The impact on consolidated results for the fiscal year ending April 2027, including the impact of other factors, is currently under review. If any matters requiring disclosure arise, they will be disclosed promptly. |
Items this document does not state (13)
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 two companies intend to jointly develop and operate grid-scale battery storage facilities to accelerate the expansion of renewable energy deployment in Japan.