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

Notice of Completion of Settlement of the Remaining Consideration for the Transfer of Land and Grid Connection Rights for a Grid-Scale Battery Storage Facility (Update on Previously Disclosed Matter)

With respect to the transaction in which a subsidiary of the Company transferred land and power interconnection rights for grid-scale battery storage facilities in Chiba and Yamanashi prefectures, receipt of the full outstanding balance has been completed.

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This transaction

Name of transaction
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Type of ConsiderationCash
Impact on Business Performance

The impact on results for the fiscal year ending September 2026 is currently under review

Procedures and assumptions
Conditions Precedent to ExecutionAppointment of the chief electrical engineer and technical review
This transaction
ItemDetails
Transaction nameName of transaction
Type of ConsiderationCash
Impact on Business PerformanceThe impact on results for the fiscal year ending September 2026 is currently under review
Contract Date24 April 2026
Execution Date / Effective Date21 July 2026 (date on which receipt of the full remaining consideration was completed)
Conditions Precedent to ExecutionAppointment of the chief electrical engineer and technical review
Items this document does not state (26)
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)Date of board resolutionValuation 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.

The appointment of the chief electrical engineer newly required for the Yamanashi project and the technical review have progressed steadily.

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