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Business Alliances5721S Crypto Energy Inc.Iron and steel and non-ferrous metals

(Progress Update) Notice Regarding the Start of Construction of a Grid-Scale Battery Storage Facility and the Execution of an Aggregator Outsourcing Agreement

Construction of a grid-scale battery storage facility in Shunan, Yamaguchi Prefecture, will begin in April 2026, and an agreement has been executed with TOKYO GAS CO.,LTD. to outsource optimization of the facility's operations and electricity market trading.

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Agreements reached under this partnership

Business Alliances
5721S Crypto Energy Inc.
Alliance partnerTOKYO GAS CO.,LTD.
Details of the alliance
  1. 1

    Using the operations optimization system provided by Tokyo Gas, perform optimal charging and discharging control in the Japan Electric Power Exchange (JEPX), balancing market and capacity market.

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

About the partner
Business DescriptionJapan's largest energy company, with extensive expertise in electricity trading
Impact on Business Performance

The impact of this matter on results for the fiscal year ending March 2027 is currently under review. We will promptly disclose any matters requiring disclosure.

Date of board resolution7 April 2026Contract Date7 April 2026
Agreements reached under this partnership
ItemDetails
Name of alliance partnerTOKYO GAS CO.,LTD.
Alliance partner's business activitiesJapan's largest energy company, with extensive expertise in electricity trading
Type of allianceBusiness Alliances
Details of the allianceUsing the operations optimization system provided by Tokyo Gas, perform optimal charging and discharging control in the Japan Electric Power Exchange (JEPX), balancing market and capacity market.
Date of board resolution7 April 2026
Contract Date7 April 2026
Impact on Business PerformanceThe impact of this matter on results for the fiscal year ending March 2027 is currently under review. We will promptly disclose any matters requiring disclosure.
Items this document does not state (16)
Alliance partner's locationAlliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyAlliance start dateShare Acquisition Date and Payment DateChange in major shareholders

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The reasons the company gives

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To contribute to the expanded adoption of renewable energy and the stabilization of the electricity grid, provide flexibility for balancing electricity supply and demand, and diversify our earnings base. We also aim to maximize business profitability by using Tokyo Gas's operations optimization system to control charging and discharging optimally in each electricity market.

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(Progress Update) Notice Regarding the Start of Construction of a Grid-Scale Battery Storage Facility and the Execution of an Aggregator Outsourcing Agreement | S Crypto Energy Inc. (5721) timely disclosure | Komori