Decision and Details
Board of DirectorsSale of real estate held for sale (land and equipment for a grid-scale battery storage facility) and power grid connection rights
The Company resolved to sell the land, equipment and power grid connection rights for the grid-scale battery storage facility in Nagano Prefecture that it had acquired on 30 March 2026.
Revenue and profit from this transaction are scheduled to be recognized in the financial results for the fiscal year ending February 2027. The earnings forecast for the fiscal year ending February 2027 has not been disclosed as of this date and is scheduled to be announced concurrently with the release of the financial results summary for the fiscal year ended February 2026 in mid-April 2026.
| Item | Details |
|---|---|
| Matter Covered | Sale of real estate held for sale (land and equipment for a grid-scale battery storage facility) and power grid connection rights |
| Decision-Making Body | Board of Directors |
| Decision Date | 8 April 2026 |
| Implementation Date | The contract is scheduled to be signed on 9 April 2026, and delivery and settlement are scheduled for 22 May 2026. |
| Period Covered | Revenue and profit are scheduled to be recognized in the financial results for the fiscal year ending February 2027. |
| Amount | Capital gain: approximately ¥50 million (estimated). The sale price will not be disclosed at the buyer's request. |
| Quantity / scale | Maximum receiving power: 1,998.0 kW |
| Impact on Business Performance | Revenue and profit from this transaction are scheduled to be recognized in the financial results for the fiscal year ending February 2027. The earnings forecast for the fiscal year ending February 2027 has not been disclosed as of this date and is scheduled to be announced concurrently with the release of the financial results summary for the fiscal year ended February 2026 in mid-April 2026. |
| Reason | The Company resolved to sell the land, equipment and power grid connection rights for the grid-scale battery storage facility in Nagano Prefecture that it had acquired on 30 March 2026. |
| Related previous disclosures | Notice Regarding the Acquisition of Real Estate Held for Sale (Land and Equipment for a Grid-Scale Battery Storage Facility) and Power Grid Connection Rights, dated 30 March 2026 |
| Future plans | The contract is scheduled to be signed on 9 April 2026, with delivery and settlement scheduled for 22 May 2026. The earnings forecast for the fiscal year ending February 2027 is scheduled to be announced concurrently with the release of the financial results summary for the fiscal year ended February 2026, scheduled for mid-April 2026. If any matter requiring disclosure arises, it will be disclosed promptly. |
Items this document does not state (1)
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 resolved to sell the land, equipment and power grid connection rights for the grid-scale battery storage facility that it had acquired, as disclosed on 30 March 2026. No specific economic reason for the sale is stated.