Komori
Business alliance2489Adways Inc.Information and Communications, Services and Others

Notice Regarding Entry into the Grid-Scale Battery Storage Business

A consolidated subsidiary will acquire a business site and grid-scale battery storage facilities and plans to launch a grid-scale battery storage business around December 2026. Approximately ¥638 million is expected to be paid from cash on hand for the acquisition of the facilities and related expenses.

Worth reading
46Recurring
Scored from 2 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
638
¥ million
Wording
Conditional
How definitive the wording is.

Agreements reached under this partnership

Impact on Business Performance

The Company expects the entry into this new business to have a minor impact on consolidated results for the current fiscal year ending December 2026. Over the medium to long term, however, the business is expected to generate stable earnings and contribute to improved profitability and capital efficiency across the Group.

Alliance start dateThe business is scheduled to commence around December 2026.
Agreements reached under this partnership
ItemDetails
Alliance start dateThe business is scheduled to commence around December 2026.
Impact on Business PerformanceThe Company expects the entry into this new business to have a minor impact on consolidated results for the current fiscal year ending December 2026. Over the medium to long term, however, the business is expected to generate stable earnings and contribute to improved profitability and capital efficiency across the Group.
Items this document does not state (21)
Name of alliance partnerAlliance partner's business activitiesAlliance partner's locationAlliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeType of allianceDetails of the allianceNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionContract DateShare Acquisition Date and Payment DateChange in major shareholders

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 purpose is to enhance corporate value over the medium to long term and diversify the earnings base, invest in new growth areas, contribute to stabilizing the electricity supply, and help realize a sustainable society.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Entry into the Grid-Scale Battery Storage Business | Adways Inc. (2489) timely disclosure | Komori