This transaction
Share transferThe voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
Electricity retail business and related activities
The Company expects to record a gain on the sale of shares in an affiliated company as extraordinary income in its standalone financial statements for the fiscal year ending March 2027. Any revision to the earnings forecast will be announced separately.
| Item | Details |
|---|---|
| Transaction name | Share transfer |
| Counterparty name | 株式会社 H-Power ホールディングス |
| Name of the Subject Company | 株式会社リミックスでんき |
| Business Description of the Subject Company | Electricity retail business and related activities |
| Location of the Subject Company | Minato-ku, Tokyo |
| Capital Stock of the Subject Company | ¥10 million |
| Date of Establishment of the Subject Company | 20 April 2026 |
| Net Sales of the Subject Company | ¥21,092 million (energy business segment as of 31 March 2026) |
| Net Assets of the Subject Company | ¥2,285 million (energy business segment as of 31 March 2026) |
| Acquisition price | ¥5,100 million (reference transfer price) |
| Type of Consideration | Cash |
| Number of shares acquired | 51 shares (51 voting rights) |
| Voting rights ownership percentage | Before 100.0% → after 49.0% |
| Amount of extraordinary income (loss) | The Company expects to record a gain on the sale of shares in an affiliated company as extraordinary income. The amount is Not disclosed. |
| Impact on Business Performance | The Company expects to record a gain on the sale of shares in an affiliated company as extraordinary income in its standalone financial statements for the fiscal year ending March 2027. Any revision to the earnings forecast will be announced separately. |
| Date of board resolution | 27 August 2026 |
| Contract Date | 27 August 2026 |
| Execution Date / Effective Date | 1 October 2026 (scheduled) |
| Management structure after acquisition | Following the share transfer, H-Power Holdings will become the entity responsible for managing the target company. The funds required for business operations from 1 October 2026 onward will be procured by H-Power Holdings and other parties. |
Items this document does not state (13)
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.Because the power retail business may require significantly varying levels of working capital due to fuel prices, foreign exchange rates, wholesale electricity market prices and regulatory burdens, the Company determined that separating itself from future working capital requirements, securing financial flexibility, and focusing the allocation of management resources on growth areas would contribute to improving corporate value over the medium to long term.