Decision and Details
Board of DirectorsAcquisition of a site for a grid-scale battery storage facility and grid connection rights as real estate held for sale
In light of the recent increase in demand for grid-scale battery storage facilities and other factors, the Company aims to sell the property during the fiscal year by incorporating equipment and other items handled by its business alliance partner into a package.
The impact on full-year consolidated results is currently under review. The Company will promptly disclose any matters requiring disclosure if they arise.
| Item | Details |
|---|---|
| Matter Covered | Acquisition of a site for a grid-scale battery storage facility and grid connection rights as real estate held for sale |
| Decision-Making Body | Board of Directors |
| Decision Date | 14 May 2026 |
| Implementation Date | 15 May 2026 (scheduled contract execution, settlement and handover) |
| Amount | Acquisition price: Undisclosed. The amount is less than 30% of net assets as of the end of the fiscal year ended August 2025. |
| Quantity / scale | Location: Okegawa, Saitama Prefecture; land area: 707.36 square meters; scheduled grid connection date: 20 November 2026 |
| Impact on Business Performance | The impact on full-year consolidated results is currently under review. The Company will promptly disclose any matters requiring disclosure if they arise. |
| Reason | In light of the recent increase in demand for grid-scale battery storage facilities and other factors, the Company aims to sell the property during the fiscal year by incorporating equipment and other items handled by its business alliance partner into a package. |
| Future plans | The contract execution, settlement and handover are scheduled for 15 May 2026. Grid connection is scheduled for 20 November 2026, and the Company aims to sell the acquired real estate held for sale during the fiscal year. |
Items this document does not state (3)
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.In light of the recent increase in demand for grid-scale battery storage facilities, the Company aims to sell the property during the fiscal year by incorporating equipment and other items handled by its business alliance partner into a package.