Worth reading
41Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
6.84
Hundreds of millions of yenWording
Conditional
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 and borrowings from financial institutions
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 acquisitionOperations commenced on the same day, with the aim of achieving early operation in the supply-demand adjustment market.
| 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 and borrowings from financial institutions |
| 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 | 31 August 2026 (handover date and commencement date of operations) |
| Conditions Precedent to Execution | Various procedures and reviews required to enter the supply-demand adjustment market |
| Management structure after acquisition | Operations commenced on the same day, with the aim of achieving early operation in the supply-demand adjustment market. |
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 widespread adoption of renewable energy, and is therefore proceeding with entry into and expansion of 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.