Komori
M&A and Subsidiary Changes37264Cs HD Co.,Ltd.Retail

(Update on Disclosed Matter) Notice Regarding the Transfer of Land for a Grid-Scale Battery Storage Facility and Grid Connection Rights

The company resolved to sell the land and grid connection rights for grid-scale battery storage facilities in Yamanashi and Chiba prefectures held by its consolidated subsidiary to the transferee and entered into an agreement. The transfer date is 24 April 2026, and payment of the transfer consideration is scheduled to be made by the end of June 2026.

Worth reading
39Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
1.3
Hundreds of millions of yen
Wording
Conditional
How definitive the wording is.

This transaction

Transfer of Land and Grid Connection Rights
Date of board resolution24 April 2026
Contract Date24 April 2026
Execution Date / Effective DateTransfer date: 24 April 2026
Consideration and expenses
Type of ConsiderationCash
Impact on Business Performance

Sales are expected to be ¥130 million and operating profit ¥11.81 million. The need for a revision to the earnings forecast is currently under consideration.

Procedures and assumptions
Conditions Precedent to ExecutionPayment by the transferee is to be made by the end of June 2026.
This transaction
ItemDetails
Transaction nameTransfer of Land and Grid Connection Rights
Type of ConsiderationCash
Impact on Business PerformanceSales are expected to be ¥130 million and operating profit ¥11.81 million. The need for a revision to the earnings forecast is currently under consideration.
Date of board resolution24 April 2026
Contract Date24 April 2026
Execution Date / Effective DateTransfer date: 24 April 2026
Conditions Precedent to ExecutionPayment by the transferee is to be made by the end of June 2026.
Items this document does not state (25)
Counterparty nameName of the Subject CompanyBusiness Description of the Subject CompanyLocation 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 CompanyAcquisition priceExpenses 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 CommitteeManagement 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.

At the transferee's request, the name of the transferee has not been disclosed. No reason for the transfer itself was stated.

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.
(Update on Disclosed Matter) Notice Regarding the Transfer of Land for a Grid-Scale Battery Storage Facility and Grid Connection Rights | 4Cs HD Co.,Ltd. (3726) timely disclosure | Komori