Komori
Business alliance2667ImageONE Co.,Ltd.Trading & Wholesale

(Discontinuation of Disclosure Matter) Notice Regarding the Cancellation of the Land and Rights Sale and Purchase Agreement with FD Co., Ltd. Concerning a Special High-Voltage Grid-Scale Battery Storage Facility

The Company has decided to terminate the land and rights purchase and sale agreement for a grid-connected extra-high-voltage battery storage facility executed with 株式会社FD and discontinue the transaction. The termination is based on mutual agreement, and no default has occurred.

Worth reading
38Recurring
Scored from 4 of 5 sections
Direction
Neutral
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Wording
Definitive
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Agreements reached under this partnership

Discontinuation
2667ImageONE Co.,Ltd.
Alliance partner株式会社FD
Impact on Business Performance

The termination of this agreement will have no impact on consolidated results for the fiscal year ending September 2026.

Date of board resolution23 April 2026
Agreements reached under this partnership
ItemDetails
Name of alliance partner株式会社FD
Type of allianceDiscontinuation
Date of board resolution23 April 2026
Impact on Business PerformanceThe termination of this agreement will have no impact on consolidated results for the fiscal year ending September 2026.
Items this document does not state (19)
Alliance partner's business activitiesAlliance partner's locationAlliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeDetails of the allianceNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyContract DateAlliance start 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 Company determined that it would be difficult to secure investment profitability at this time because uncertainty remains regarding the validity and transferability of the rights and status related to the grid interconnection application. The Company stated that it prioritized the efficient use of cash on hand and the maintenance of financial soundness.

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.
(Discontinuation of Disclosure Matter) Notice Regarding the Cancellation of the Land and Rights Sale and Purchase Agreement with FD Co., Ltd. Concerning a Special High-Voltage Grid-Scale Battery Storage Facility | ImageONE Co.,Ltd. (2667) timely disclosure | Komori