This transaction
Acquisition of Fixed AssetsBusiness consulting, design, procurement, construction and maintenance for the introduction of cogeneration systems and other environmental and energy-saving systems; operational management support through 24-hour monitoring systems and energy management systems; energy supply services; retail electricity business; and power generation business
The acquisition of this battery storage facility is reflected in the full-year consolidated earnings forecast announced on 13 August 2026. However, any changes to the acquisition timing or the timing of entry into the balancing market may affect full-year consolidated results.
| Item | Details |
|---|---|
| Transaction name | Acquisition of Fixed Assets |
| Counterparty name | Tess Engineering Co., Ltd. |
| Business Description of the Subject Company | Business consulting, design, procurement, construction and maintenance for the introduction of cogeneration systems and other environmental and energy-saving systems; operational management support through 24-hour monitoring systems and energy management systems; energy supply services; retail electricity business; and power generation business |
| Acquisition price | Not disclosed at the request of the counterparty. |
| Funding arrangements | Internal funds and borrowings from financial institutions, among other sources |
| Impact on Business Performance | The acquisition of this battery storage facility is reflected in the full-year consolidated earnings forecast announced on 13 August 2026. However, any changes to the acquisition timing or the timing of entry into the balancing market may affect full-year consolidated results. |
| Date of board resolution | 11 September 2026 |
| Contract Date | 11 September 2026 |
| Execution Date / Effective Date | February 2027 (予定) |
Items this document does not state (23)
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 jointly develop and operate a grid-scale battery storage facility as the first project of the joint venture with GreenEnergy & Company Inc., in order to accelerate the expansion of renewable energy deployment.