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M&A and Subsidiary Changes4287JUST PLANNING INC.Information and Communications, Services and Others

Notice Regarding the Transfer of the Solar Power Generation Business of Our Consolidated Subsidiary, JP Power Co., Ltd.

It was decided that consolidated subsidiary 株式会社JPパワー would transfer its solar power generation business, comprising 2 sites in Tochigi Prefecture and 1 site in Miyagi Prefecture, to Tokyu Land Corporation. The transfer price is undisclosed. The transfer is scheduled for 30 September 2026, and a gain on transfer of business of ¥293 million is expected to be recognized in the third quarter of the fiscal year ending January 2027.

Worth reading
50Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
293
¥ million (gain on transfer of business)
Wording
Conditional
How definitive the wording is.

This transaction

Transfer of solar power generation business
CounterpartyTokyu Land Corporation
Disclosing companyJUST PLANNING INC.
株式会社JPパワー (company holding the business being transferred)Subject of this transaction
TimelineThe spacing between the points is proportional to the actual number of days.
Target company

Solar power generation business; restaurant operations

Location Ota-ku, TokyoShare capital ¥10,000,000Date of incorporation 11 April 2013
Net SalesBusiness being transferred (solar power generation business): ¥99.322 million (full year ended January 2026); ¥57.473 million (second quarter of the fiscal year ending January 2027)
Operating profitSegment profit from the business being transferred (solar power generation business): ¥59.405 million (full year ended January 2026); ¥37.575 million (second quarter of the fiscal year ending January 2027)
Consideration and expenses
Acquisition priceTransfer price undisclosed
Amount of extraordinary income (loss)Gain on transfer of business of ¥293 million (expected to be recognized in the third quarter of the fiscal year ending January 2027)
Impact on Business Performance

As a result of this transfer, a gain on transfer of business of ¥293 million is expected to be recognized in the third quarter. For the impact on consolidated results for the fiscal year ending January 2027, see the Notice Regarding Revisions to Full-Year Earnings Forecasts.

Procedures and assumptions
Valuation methodologyThe price was determined through arm's-length negotiations, taking into account the profitability of the business being transferred, the operating status of the power generation facilities, future business plans and other relevant conditions.
This transaction
ItemDetails
Transaction nameTransfer of solar power generation business
Counterparty nameTokyu Land Corporation
Name of the Subject Company株式会社JPパワー (company holding the business being transferred)
Business Description of the Subject CompanySolar power generation business; restaurant operations
Location of the Subject CompanyOta-ku, Tokyo
Capital Stock of the Subject Company¥10,000,000
Date of Establishment of the Subject Company11 April 2013
Net Sales of the Subject CompanyBusiness being transferred (solar power generation business): ¥99.322 million (full year ended January 2026); ¥57.473 million (second quarter of the fiscal year ending January 2027)
Operating Profit of the Subject CompanySegment profit from the business being transferred (solar power generation business): ¥59.405 million (full year ended January 2026); ¥37.575 million (second quarter of the fiscal year ending January 2027)
Acquisition priceTransfer price undisclosed
Amount of extraordinary income (loss)Gain on transfer of business of ¥293 million (expected to be recognized in the third quarter of the fiscal year ending January 2027)
Impact on Business PerformanceAs a result of this transfer, a gain on transfer of business of ¥293 million is expected to be recognized in the third quarter. For the impact on consolidated results for the fiscal year ending January 2027, see the Notice Regarding Revisions to Full-Year Earnings Forecasts.
Date of board resolution16 September 2026
Contract Date16 September 2026
Execution Date / Effective Date30 September 2026 (scheduled)
Valuation methodologyThe price was determined through arm's-length negotiations, taking into account the profitability of the business being transferred, the operating status of the power generation facilities, future business plans and other relevant conditions.
Items this document does not state (16)
Net Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement 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 company will review its business portfolio and allocate management resources more efficiently, with a focus on AI- and data science-related fields, where future growth is expected. Through these efforts, it aims to develop new growth drivers, strengthen its earnings base and enhance corporate value over the medium to long term.

How to read this page

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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 Transfer of the Solar Power Generation Business of Our Consolidated Subsidiary, JP Power Co., Ltd. | JUST PLANNING INC. (4287) timely disclosure | Komori