Worth reading
56In focus
Scored from 3 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
30
Less than % (as a percentage of net assets at the end of the immediately preceding consolidated fiscal year)Wording
Avoiding a definitive answer
How definitive the wording is.This transaction
Acquisition of land and rights relating to grid connectionCounterpartyIn accordance with the confidentiality obligations owed to the counterparty, the Company will refrain from disclosure.
Disclosing companyJALCO Holdings Inc.
Date of board resolution29 May 2026
Contract Date29 May 2026
Consideration and expenses
Acquisition priceIn accordance with the confidentiality obligations owed to the counterparty, the Company will refrain from disclosing the acquisition price.
Type of ConsiderationCash (internal funds)
Funding arrangementsThe Company plans to use internal funds.
Impact on Business Performance
As commercial operations at the battery storage facility are scheduled to commence in June 2027, its full-scale contribution to results is expected from the fiscal year ending March 2028 onward. The specific impact on results from the fiscal year ending March 2028 onward has not yet been determined.
Procedures and assumptions
Management structure after acquisitionThe Company is currently considering the business scheme, operating methods and contractual terms with the parties involved. It plans to consider the optimal business scheme, including a transition to operating the business under a GK-TK scheme using a limited liability company and an anonymous partnership.
| Item | Details |
|---|---|
| Transaction name | Acquisition of land and rights relating to grid connection |
| Counterparty name | In accordance with the confidentiality obligations owed to the counterparty, the Company will refrain from disclosure. |
| Acquisition price | In accordance with the confidentiality obligations owed to the counterparty, the Company will refrain from disclosing the acquisition price. |
| Type of Consideration | Cash (internal funds) |
| Funding arrangements | The Company plans to use internal funds. |
| Impact on Business Performance | As commercial operations at the battery storage facility are scheduled to commence in June 2027, its full-scale contribution to results is expected from the fiscal year ending March 2028 onward. The specific impact on results from the fiscal year ending March 2028 onward has not yet been determined. |
| Date of board resolution | 29 May 2026 |
| Contract Date | 29 May 2026 |
| Management structure after acquisition | The Company is currently considering the business scheme, operating methods and contractual terms with the parties involved. It plans to consider the optimal business scheme, including a transition to operating the business under a GK-TK scheme using a limited liability company and an anonymous partnership. |
Items this document does not state (23)
Name of the Subject CompanyBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageGoodwill amountAmount of extraordinary income (loss)Execution Date / Effective DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution
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 Company determined that grid-scale battery storage is an important sector with expected medium- to long-term growth, as the business will help stabilize electricity supply and demand and make effective use of renewable energy as the adoption of renewable energy expands. The Company also intends to apply the expertise it has developed in real estate leasing, finance and consulting, among other areas, to project development and business structuring for this business.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.