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Management planning3445RS Technologies Co.,Ltd.Construction and Materials

Notice Regarding Investment Participation in the Grid-Scale Battery Storage Business

The Company has decided to invest approximately ¥8.04 billion in a special-purpose company to enter the grid-scale battery storage business planned in Otawara, Tochigi Prefecture. The investment will be made in stages from August 2026 through August 2029, with operations scheduled to commence in October 2029.

Worth reading
22Immaterial
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Direction
Neutral
Direction inferred from the company’s description.
Scale
8040
¥ million
Wording
Conditional
How definitive the wording is.

Items stated in the management plan

Plan period August 2026 to August 2029 (investment made in stages); operations scheduled to commence in October 2029
Date of board resolution19 June 2026
Publication date19 June 2026
Total investment planApproximately ¥16,400 million (including the Company's investment of approximately ¥8,040 million)
Key initiatives
01Investment participation in a grid-scale battery storage business
Plan assumptionsGrowing demand for electricity supply-demand balancing accompanying the expanded adoption of renewable energy
Items stated in the management plan
ItemDetails
Plan periodAugust 2026 to August 2029 (investment made in stages); operations scheduled to commence in October 2029
Total investment planApproximately ¥16,400 million (including the Company's investment of approximately ¥8,040 million)
Plan assumptionsGrowing demand for electricity supply-demand balancing accompanying the expanded adoption of renewable energy
Key initiativesInvestment participation in a grid-scale battery storage business
Date of board resolution19 June 2026
Publication date19 June 2026
Items this document does not state (19)
Plan nameProgress against the planSales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceInvestment amount by sectorSegment targetNon-financial targetsResults under the previous planReason for revision or withdrawalSize of the Target MarketRisks identified

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.

This is intended to address growing demand for electricity supply-demand balancing accompanying the expanded adoption of renewable energy and to contribute to the realization of a sustainable society. The Company also intends to contribute to stabilizing the power grid and making effective use of renewable energy through the operation of a large-scale grid-scale battery storage facility, while establishing a new earnings base and enhancing corporate value over the medium to long term.

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Notice Regarding Investment Participation in the Grid-Scale Battery Storage Business | RS Technologies Co.,Ltd. (3445) timely disclosure | Komori