Decision and Details
Board of DirectorsBorrowing of funds under the Chibagin Leaders Loan NEXT (Environmental Equipment Type) (commitment line)
To secure funds for the acquisition of fixed assets related to the grid-scale battery storage business. The Company will promote the business while clarifying the investment's positioning as an investment in equipment with recognized environmental benefits and enhancing the transparency of its initiatives through third-party assessments and, in principle, annual progress reporting.
The impact on consolidated results is expected to be minor.
| Item | Details |
|---|---|
| Matter Covered | Borrowing of funds under the Chibagin Leaders Loan NEXT (Environmental Equipment Type) (commitment line) |
| Decision-Making Body | Board of Directors |
| Decision Date | 25 March 2026 |
| Implementation Date | 31 March 2026 (scheduled drawdown date) |
| Period Covered | From 31 March 2026 through 31 March 2032 (repayment date) |
| Amount | Commitment amount: ¥800,000,000; interest rate: TIBOR + 0.35% |
| Impact on Business Performance | The impact on consolidated results is expected to be minor. |
| Reason | To secure funds for the acquisition of fixed assets related to the grid-scale battery storage business. The Company will promote the business while clarifying the investment's positioning as an investment in equipment with recognized environmental benefits and enhancing the transparency of its initiatives through third-party assessments and, in principle, annual progress reporting. |
| Related previous disclosures | The grid-scale battery storage business announced on 5 December 2025 (first project: Narita City Battery Storage Facility, Chiba Prefecture (tentative name)) |
| Future plans | The drawdown is scheduled for 31 March 2026. Progress relating to environmental benefits and other matters will be reported, in principle, once a year. Any matters requiring disclosure will be disclosed promptly. |
Items this document does not state (2)
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 secure funds for the acquisition of fixed assets related to the grid-scale battery storage business. The Company also aims to clarify the investment's positioning as an investment in equipment with recognized environmental benefits, enhance the transparency of its initiatives through third-party assessments and progress reporting, and contribute to the promotion of GX and the enhancement of corporate value over the medium to long term.