This transaction
Acquisition of Land, Equipment and Grid Connection Rights for a Grid-Scale Battery Storage FacilityThe sales and profit arising from this transaction are scheduled to be recorded in the financial results for the fiscal year ending February 2027. The earnings forecast for the fiscal year ending February 2027 has not been released as of the date of this notice and is scheduled to be announced together with the release of the financial results summary for the fiscal year ending February 2026 in mid-April 2026.
| Item | Details |
|---|---|
| Transaction name | Acquisition of Land, Equipment and Grid Connection Rights for a Grid-Scale Battery Storage Facility |
| Counterparty name | 株式会社野村屋ホールディングス |
| Acquisition price | Undisclosed at the request of the seller. However, the amount is at least 10% of the Company's consolidated net sales as of the end of the previous fiscal year (¥511 million). |
| Type of Consideration | Cash (bank transfer) |
| Impact on Business Performance | The sales and profit arising from this transaction are scheduled to be recorded in the financial results for the fiscal year ending February 2027. The earnings forecast for the fiscal year ending February 2027 has not been released as of the date of this notice and is scheduled to be announced together with the release of the financial results summary for the fiscal year ending February 2026 in mid-April 2026. |
| Date of board resolution | 26 March 2026 |
| Execution Date / Effective Date | Construction completion date: December 2026 (scheduled); grid connection date: December 2026 (scheduled); operations commencement date: January 2027 (scheduled) |
Items this document does not state (25)
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 entered the grid-scale battery storage business to expand the scope of its renewable energy business after receiving a proposal for a grid-scale battery storage facility within the service area of Chubu Electric Power Grid Co., Inc.