Komori
Other Disclosures3825Remixpoint,inc.Retail

Notice Regarding the Acquisition of a Grid-Scale Battery Storage Facility: Expanding Holdings to 11 Facilities and Strengthening the Earnings Base

The Board of Directors decided to newly acquire 4 grid-scale battery storage facilities. However, the sale and purchase agreements have not yet been executed, and the number of facilities held after the acquisition is expected to be 11.

Worth reading
51Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
4
Locations
Wording
Conditional
How definitive the wording is.

Announced details

Grid-scale storage facilities
Applicable field (uses covered by this announcement)

Stabilization of electricity supply and demand; effective use of renewable energy

Launch date3 facilities are scheduled to begin receiving power by around summer 2026, while the remaining 1 facility is expected to begin receiving power around November 2026
What the company reported numerically
Usage history

The current number of facilities held is not disclosed; the number is expected to be 11 after the acquisition

Relationship between the counterparty and the company
Remixpoint,inc.3825
Relationship with the Company

Discussions are underway toward the execution of the sale and purchase agreements. The Company plans to lead the development, operation and maintenance of 1 of the facilities to be acquired.

Location (as indicated in this announcement)

Detailed locations not disclosed

4 facilities to be acquired; the number of facilities held after the acquisition is expected to be 11
Impact on Business Performance

The impact on consolidated results for the fiscal year ending March 2027 is expected to be immaterial

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredGrid-scale storage facilities
Relationship with the CompanyDiscussions are underway toward the execution of the sale and purchase agreements. The Company plans to lead the development, operation and maintenance of 1 of the facilities to be acquired.
Launch date3 facilities are scheduled to begin receiving power by around summer 2026, while the remaining 1 facility is expected to begin receiving power around November 2026
Applicable areaStabilization of electricity supply and demand; effective use of renewable energy
LocationDetailed locations not disclosed
Location scale4 facilities to be acquired; the number of facilities held after the acquisition is expected to be 11
Usage historyThe current number of facilities held is not disclosed; the number is expected to be 11 after the acquisition
Impact on Business PerformanceThe impact on consolidated results for the fiscal year ending March 2027 is expected to be immaterial
Items this document does not state (10)
CounterpartyCounterparty overviewContract ValueOffering priceContract DateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateQuantitative EffectsSource

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 in line with the target in the medium-term management plan to develop 32 high-voltage grid-scale battery storage facilities by the fiscal year ending March 2029, as well as the policy of holding at least 20 facilities. The Company cited strengthening its earnings base, helping stabilize Japan's electricity supply and demand, and contributing to the effective use of renewable energy.

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.
Notice Regarding the Acquisition of a Grid-Scale Battery Storage Facility: Expanding Holdings to 11 Facilities and Strengthening the Earnings Base | Remixpoint,inc. (3825) timely disclosure | Komori