Announced details
Balancing supply and demand fluctuations associated with renewable energy; wholesale electricity market; balancing market; capacity market
Development sites acquired to date: 11, including the 2 sites covered by this transaction. Operations have already started at 2 of the sites.
ADW is a subsidiary of AD Works Group and promotes the income-producing real estate business. Relationship with the counterparty to the acquisition agreements: not disclosed
Nikko, Tochigi Prefecture; Matsumoto, Nagano Prefecture
The company positions the grid-scale battery storage business as a medium- to long-term growth business. The company's estimates indicate expected operating income of ¥800 million–¥1.3 billion per year and expected unrealized gains of ¥1.7 billion, but the impact of this transaction on financial results is not disclosed.
The company does not address Contract Value / Offering price.
Yano Research Institute Ltd., “Survey of the Battery Storage Facility Business Market (2025)”; Agency for Natural Resources and Energy, “Toward the Rapid Grid Connection of Grid-Scale Battery Storage Systems”; Cabinet Secretariat GX Executive Promotion Office, “Sector-Specific Investment Strategies, ③”
| Item | Details |
|---|---|
| Names of Products / Services Covered | Grid-scale battery storage facilities (Nos. 10 and 11) |
| Relationship with the Company | ADW is a subsidiary of AD Works Group and promotes the income-producing real estate business. Relationship with the counterparty to the acquisition agreements: not disclosed |
| Contract Date | 25 September 2026 |
| Launch date | January 2028 (scheduled; Nikko, Tochigi Prefecture, and Matsumoto, Nagano Prefecture) |
| Applicable area | Balancing supply and demand fluctuations associated with renewable energy; wholesale electricity market; balancing market; capacity market |
| Location | Nikko, Tochigi Prefecture; Matsumoto, Nagano Prefecture |
| Location scale | Approximately 2 MW / 8 MWh each; approximately 4 MW / 16 MWh in total |
| Usage history | Development sites acquired to date: 11, including the 2 sites covered by this transaction. Operations have already started at 2 of the sites. |
| Impact on Business Performance | The company positions the grid-scale battery storage business as a medium- to long-term growth business. The company's estimates indicate expected operating income of ¥800 million–¥1.3 billion per year and expected unrealized gains of ¥1.7 billion, but the impact of this transaction on financial results is not disclosed. |
| Source | Yano Research Institute Ltd., “Survey of the Battery Storage Facility Business Market (2025)”; Agency for Natural Resources and Energy, “Toward the Rapid Grid Connection of Grid-Scale Battery Storage Systems”; Cabinet Secretariat GX Executive Promotion Office, “Sector-Specific Investment Strategies, ③” |
Items this document does not state (8)
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 importance of and growth potential for grid-scale battery storage facilities are expected to increase against the backdrop of the wider adoption of renewable energy and rising electricity demand. The company also aims to expand the business by improving the accuracy of its investment decisions in anticipation of the start of operations and continuously obtaining information on potential projects.