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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

スターシーズ has decided to acquire from ウィンテック a superficies right over land, equipment and power interconnection rights relating to a grid-scale battery storage facility in Higashiura, Aichi Prefecture. The consideration will be paid in cash, but the total amount has not been disclosed.

Worth reading
29Immaterial
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Direction
Improvement
Direction inferred from the company’s description.
Scale
1998
kW (maximum receiving power)
Wording
Conditional
How definitive the wording is.

This transaction

Establishment of a superficies right over land for a grid-scale battery storage facility, and acquisition of equipment and power interconnection rights
Counterpartyウィンテック株式会社
Disclosing companyStar seeds Co.,Ltd.
Subject of this transaction
TimelineThe spacing between the points is proportional to the actual number of days.
Target company

Grid-scale battery storage business

Location 23-49 and 23-120, Aza Shimosemama, Oaza Morioka, Higashiura, Chita District, Aichi Prefecture
Consideration and expenses
Acquisition priceThe total acquisition price has not been disclosed at the request of the seller.
Type of ConsiderationCash (bank transfer)
Impact on Business Performance

The impact of this transaction on スターシーズ's consolidated results has been reflected in the consolidated earnings forecast for the fiscal year ending February 2027, as disclosed today in the Notice Regarding the Revision of the Full-Year Consolidated Earnings Forecast for the Fiscal Year Ending February 2027 (Upward Revision).

This transaction
ItemDetails
Transaction nameEstablishment of a superficies right over land for a grid-scale battery storage facility, and acquisition of equipment and power interconnection rights
Counterparty nameウィンテック株式会社
Business Description of the Subject CompanyGrid-scale battery storage business
Location of the Subject Company23-49 and 23-120, Aza Shimosemama, Oaza Morioka, Higashiura, Chita District, Aichi Prefecture
Acquisition priceThe total acquisition price has not been disclosed at the request of the seller.
Type of ConsiderationCash (bank transfer)
Impact on Business PerformanceThe impact of this transaction on スターシーズ's consolidated results has been reflected in the consolidated earnings forecast for the fiscal year ending February 2027, as disclosed today in the Notice Regarding the Revision of the Full-Year Consolidated Earnings Forecast for the Fiscal Year Ending February 2027 (Upward Revision).
Date of board resolution25 June 2026
Contract Date30 June 2026 (scheduled)
Execution Date / Effective DateConstruction completion: November 2026 (scheduled); grid interconnection: December 2026 (scheduled); commencement of operations: January 2027 (scheduled)
Items this document does not state (22)
Name 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)Valuation 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.

スターシーズ entered the grid-scale battery storage business to expand the scope of its renewable energy business, and has now received a proposal for a grid-scale battery storage facility within the service area of Chubu Electric Power Grid Co., Inc.

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.
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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