Agreements reached under this partnership
Business alliance- 1
Joint development of battery storage aggregation operations
- 2
Strengthening the revenue base through mutual customer referrals
- 3
Building an energy platform
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
Joint development of battery storage aggregation operations, including approximately 1,000 low-voltage grid-connected battery storage systems. Target achievement date: not disclosed.
The Company expects this business alliance to have a minor impact on its consolidated results for the fiscal year ending March 2027. Over the medium to long term, the Company believes the alliance will contribute to strengthening the Group's revenue base.
| Item | Details |
|---|---|
| Name of alliance partner | 株式会社REXEV (REXEV) |
| Alliance partner's business activities | EV adoption support and EV operation system provision for companies and local governments, Development and provision of energy management systems using EVs and battery storage systems, Development and provision of EV fleet management systems, Development and provision of EV car-sharing systems |
| Alliance partner's location | Chiyoda-ku, Tokyo |
| Alliance partner's capital | ¥100 million |
| Alliance partner's net sales | Not disclosed |
| Alliance partner's operating income | Not disclosed |
| Type of alliance | Business alliance |
| Details of the alliance | Joint development of battery storage aggregation operations, Strengthening the revenue base through mutual customer referrals, Building an energy platform |
| Numerical targets under the alliance | Joint development of battery storage aggregation operations, including approximately 1,000 low-voltage grid-connected battery storage systems. Target achievement date: not disclosed. |
| Date of board resolution | 17 August 2026 |
| Contract Date | 17 August 2026 |
| Alliance start date | 17 August 2026 |
| Impact on Business Performance | The Company expects this business alliance to have a minor impact on its consolidated results for the fiscal year ending March 2027. Over the medium to long term, the Company believes the alliance will contribute to strengthening the Group's revenue base. |
Items this document does not state (10)
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.To evolve from a model dependent solely on expanding equipment sales and the ownership of in-house assets into an energy platform operator that generates recurring revenue through the remote control and market operations of battery storage systems after installation. The purpose is to establish aggregation capabilities by combining the Company's customer base and battery storage systems with REXEV's control technology and expertise in market operations.