Worth reading
62In focus
Scored from 4 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
6.84
¥ hundred millionWording
Definitive
How definitive the wording is.This transaction
Acquisition of a grid-scale battery storage facilityTimelineThe spacing between the points is proportional to the actual number of days.
Target company
Location Setaka-cho, Miyama, Fukuoka Prefecture
Consideration and expenses
Acquisition priceApproximately ¥684 million
Type of ConsiderationCash
Funding arrangementsInternal funds
Impact on Business Performance
The impact on the Company's consolidated results for the fiscal year ending October 2026 has already been reflected in the forecasts.
Procedures and assumptions
Conditions Precedent to ExecutionVarious procedures and reviews required to enter the supply-demand adjustment market
Management structure after acquisitionFollowing handover, the Company will proceed with the procedures and reviews required to enter the balancing market and aims to commence operations at an early date
| Item | Details |
|---|---|
| Transaction name | Acquisition of a grid-scale battery storage facility |
| Location of the Subject Company | Setaka-cho, Miyama, Fukuoka Prefecture |
| Acquisition price | Approximately ¥684 million |
| Type of Consideration | Cash |
| Funding arrangements | Internal funds |
| Impact on Business Performance | The impact on the Company's consolidated results for the fiscal year ending October 2026 has already been reflected in the forecasts. |
| Date of board resolution | 25 May 2026 |
| Contract Date | 25 May 2026 |
| Execution Date / Effective Date | Mid-August 2026 (scheduled) |
| Conditions Precedent to Execution | Various procedures and reviews required to enter the supply-demand adjustment market |
| Management structure after acquisition | Following handover, the Company will proceed with the procedures and reviews required to enter the balancing market and aims to commence operations at an early date |
Items this document does not state (21)
Counterparty nameName of the Subject CompanyBusiness Description 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)Valuation methodologyIndependent valuation institutionSpecial Committee
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 recognizes that developing grid-scale battery storage facilities to support a stable electricity supply is essential to the wider adoption of renewable energy, and is therefore proceeding with its entry into the grid-scale battery storage business. Following handover, the Company will proceed with the procedures and reviews required to enter the balancing market and aims to commence operations at an early date.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.