This transaction
Acquisition of the storage facility in questionBased on estimates using the current market environment in the Chubu area, annual revenue of approximately ¥240 million is expected, contributing to consolidated results for the fiscal year ending March 2027. Revenue from the storage facility in question has been incorporated into the revised upward consolidated earnings forecast for the fiscal year ending March 2027.
| Item | Details |
|---|---|
| Transaction name | Acquisition of the storage facility in question |
| Location of the Subject Company | Obuse, Kamitakai District, Nagano Prefecture |
| Acquisition price | The acquisition price is not disclosed due to confidentiality obligations with the counterparty. It is less than 30% of the Company's net assets as of the end of the immediately preceding consolidated fiscal year. |
| Type of Consideration | Cash (internal funds) |
| Funding arrangements | The acquisition was funded with internal funds. |
| Impact on Business Performance | Based on estimates using the current market environment in the Chubu area, annual revenue of approximately ¥240 million is expected, contributing to consolidated results for the fiscal year ending March 2027. Revenue from the storage facility in question has been incorporated into the revised upward consolidated earnings forecast for the fiscal year ending March 2027. |
| Date of board resolution | 31 July 2026 |
| Contract Date | 31 July 2026 |
| Execution Date / Effective Date | 31 July 2026 (settlement completed) |
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.The Company considers the grid-scale battery storage business to be a medium- to long-term growth area and intends to contribute to consolidated results for the fiscal year ending March 2027 by acquiring a storage facility that is already generating revenue. In addition, the Company will accumulate operational data, including market prices, bidding conditions and operating status in the Chubu area, and use it to improve future project selection, investment decisions, profitability assessments and operating strategies, as well as to expand the business.