This transaction
Cancellation of the construction contractAlready reflected in the consolidated earnings forecast for the fiscal year ending June 2027
| Item | Details |
|---|---|
| Transaction name | Cancellation of the construction contract |
| Counterparty name | DEIバッテリーファンドアルファ合同会社 (invested in by 大和エナジー・インフラ株式会社) |
| Impact on Business Performance | Already reflected in the consolidated earnings forecast for the fiscal year ending June 2027 |
| Date of board resolution | 14 August 2026 |
| Execution Date / Effective Date | End of August 2026 (予定) |
| Conditions Precedent to Execution | Cancellation by agreement following discussions with the customer |
Items this document does not state (26)
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 customer determined that it would be difficult to ensure the project's commercial viability because the construction cost contribution required for grid interconnection was expected to substantially exceed the initial estimate, and the grid interconnection work was expected to take an extended period. As a result, the project will be discontinued. The Company explained that the cancellation resulted from external conditions relating to grid interconnection and the customer's business decision, and was not attributable to the design, procurement or construction activities of its subsidiary.