Komori
M&A and Subsidiary Changes3083Star seeds Co.,Ltd.Retail

Notice Concerning the Acquisition of Property for Sale (Land and Facilities for a Grid-Scale Battery Storage Facility) and Power Grid Connection Rights

Star seeds Co.,Ltd. has decided to acquire from 株式会社野村屋ホールディングス the land, equipment and power grid connection rights related to a grid-scale battery storage facility in Nagano City. The total acquisition price is undisclosed but is at least ¥511 million, and payment will be made by bank transfer in cash.

Worth reading
39Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
511
At least ¥511 million (equivalent to 10% of consolidated net sales at the end of the previous consolidated fiscal year)
Wording
Conditional
How definitive the wording is.

This transaction

Acquisition of Property Held for Sale (Land and Equipment for a Grid-Scale Battery Storage Facility) and Power Grid Connection Rights
Counterparty株式会社野村屋ホールディングス
Disclosing companyStar seeds Co.,Ltd.
Subject of this transaction
Date of board resolution30 March 2026
Target company
Location 1811-1 Oaza Asano, Aza Kakitaka, Toyono-machi, Nagano City, Nagano Prefecture
Consideration and expenses
Acquisition priceUndisclosed at the request of the seller. At least 10% of consolidated net sales as of the end of the previous consolidated fiscal year (¥511 million)
Type of ConsiderationCash (bank transfer)
Impact on Business Performance

Revenue and profit from this transaction are scheduled to be recorded in the financial results for the fiscal year ending February 2027. The company has not disclosed its earnings forecast for the fiscal year ending February 2027 at this time and plans to disclose it at the same time as it announces its financial results briefing materials for the fiscal year ended February 2026, scheduled for mid-April 2026.

This transaction
ItemDetails
Transaction nameAcquisition of Property Held for Sale (Land and Equipment for a Grid-Scale Battery Storage Facility) and Power Grid Connection Rights
Counterparty name株式会社野村屋ホールディングス
Location of the Subject Company1811-1 Oaza Asano, Aza Kakitaka, Toyono-machi, Nagano City, Nagano Prefecture
Acquisition priceUndisclosed at the request of the seller. At least 10% of consolidated net sales as of the end of the previous consolidated fiscal year (¥511 million)
Type of ConsiderationCash (bank transfer)
Impact on Business PerformanceRevenue and profit from this transaction are scheduled to be recorded in the financial results for the fiscal year ending February 2027. The company has not disclosed its earnings forecast for the fiscal year ending February 2027 at this time and plans to disclose it at the same time as it announces its financial results briefing materials for the fiscal year ended February 2026, scheduled for mid-April 2026.
Date of board resolution30 March 2026
Items this document does not state (25)
Name of the Subject CompanyBusiness Description of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateExecution Date / Effective DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition

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 has entered the grid-scale battery storage business to expand its renewable energy business, and received a proposal for a new grid-scale battery storage facility within the service area of Chubu Electric Power Grid.

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 Concerning the Acquisition of Property for Sale (Land and Facilities for a Grid-Scale Battery Storage Facility) and Power Grid Connection Rights | Star seeds Co.,Ltd. (3083) timely disclosure | Komori