Komori
Business alliance3777Environment Friendly Holdings Corp.Information and Communications, Services and Others

(Progress on Disclosed Matter) Notice Regarding Silent Partnership Investment in EF-BESS1号

EFでんき, a member of our Group, will make a ¥252.5 million silent partnership investment in EF-BESS1号 and acquire a 50.0% TK investment interest. 野村屋HD is also expected to make a 50.0% investment.

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Neutral
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Scale
252500000
¥
Wording
Conditional
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Agreements reached under this partnership

Joint venture
3777Environment Friendly Holdings Corp.
Alliance partner株式会社野村屋ホールディングス
Details of the alliance
  1. 1

    Our Group and 野村屋HD will each make a 50% TK investment.

  2. 2

    Establish a structure under which the construction and operation of the 古里蓄電池所 (Furusato Battery Storage Facility) will be led.

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

Capital and personnel relationships

This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).

50.00%Our ownership stake in the partner’s shares
Acquisition price¥252,500,000
Ownership ratioOur Group: 50.0%; 野村屋HD: 50.0%
Overview of the joint ventureName 合同会社EF-BESS1号 / Location Chiyoda-ku, Tokyo / Business Description Investment in and capital contributions to businesses involving solar power plants, other renewable energy power plants, battery storage facilities and similar projects, as well as the operation of silent partnerships related to such investments and contributions / Capital Contributions ¥10,000 / Ownership ratio Not disclosed
About the partner
LocationUeda, Nagano Prefecture
Impact on Business Performance

The impact on our consolidated results for the fiscal year ending December 2026 is currently under review.

Date of board resolution26 March 2026Contract Date30 March 2026Share Acquisition Date and Payment Date30 March 2026
Agreements reached under this partnership
ItemDetails
Name of alliance partner株式会社野村屋ホールディングス
Alliance partner's locationUeda, Nagano Prefecture
Type of allianceJoint venture
Details of the allianceOur Group and 野村屋HD will each make a 50% TK investment., Establish a structure under which the construction and operation of the 古里蓄電池所 (Furusato Battery Storage Facility) will be led.
Acquisition price¥252,500,000
Shareholding ratio0.0% → 50.0%
Overview of the joint ventureName 合同会社EF-BESS1号 / Location Chiyoda-ku, Tokyo / Business Description Investment in and capital contributions to businesses involving solar power plants, other renewable energy power plants, battery storage facilities and similar projects, as well as the operation of silent partnerships related to such investments and contributions / Capital Contributions ¥10,000 / Ownership ratio Not disclosed
Ownership ratioOur Group: 50.0%; 野村屋HD: 50.0%
Date of board resolution26 March 2026
Contract Date30 March 2026
Share Acquisition Date and Payment Date30 March 2026
Impact on Business PerformanceThe impact on our consolidated results for the fiscal year ending December 2026 is currently under review.
Items this document does not state (11)
Alliance partner's business activitiesAlliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyAlliance start dateChange in major shareholders

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 TK investment will be made as initially planned following completion of grid interconnection on 7 January 2026. The investment vehicle was changed from EFインベストメント to EFでんき to improve the efficiency of business management and fund management within the Group.

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(Progress on Disclosed Matter) Notice Regarding Silent Partnership Investment in EF-BESS1号 | Environment Friendly Holdings Corp. (3777) timely disclosure | Komori