Agreements reached under this partnership
Joint Ventures- 1
Jointly participate in the grid-scale battery storage business and establish a limited liability company for this business
- 2
The business will cover 5 or more grid-scale battery storage systems
- 3
The scale of the business may be expanded through the participation of new silent partnership investors
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
The jointly operated business will comprise at least 5 grid-scale battery storage facilities. Target completion date: Not disclosed.
This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).
The impact on full-year consolidated results for the fiscal year ending June 2026, including the effects of other factors, is currently under review.
| Item | Details |
|---|---|
| Name of alliance partner | GreenEnergy & Company Inc. |
| Alliance partner's business activities | Management of a group of companies engaged in GX-related businesses and related activities |
| Alliance partner's location | Minato-ku, Tokyo, and Matsushige-cho, Itano-gun, Tokushima Prefecture |
| Alliance partner's capital | ¥971 million |
| Type of alliance | Joint Ventures |
| Details of the alliance | Jointly participate in the grid-scale battery storage business and establish a limited liability company for this business, The business will cover 5 or more grid-scale battery storage systems, The scale of the business may be expanded through the participation of new silent partnership investors |
| Overview of the joint venture | The name, business activities, start date of the joint venture, amount of capital, investment ratios, and specific details of any transfer of related businesses will be determined based on further consideration and announced separately once finalized. |
| Numerical targets under the alliance | The jointly operated business will comprise at least 5 grid-scale battery storage facilities. Target completion date: Not disclosed. |
| Contract Date | 30 June 2026 |
| Impact on Business Performance | The impact on full-year consolidated results for the fiscal year ending June 2026, including the effects of other factors, is currently under review. |
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.To accelerate the expansion of renewable energy adoption, build expertise in operating grid-scale battery storage facilities, and expand the scale of operations at a pace that could not be achieved through investment independently.