Acquisition of Real Estate for Sale (Land for Grid-Scale Battery Storage Facilities and Rights Relating to Transmission Grids for Power Generation Facilities, etc.)
Birdman Co., Ltd.
Land in Wakasa, Fukui Prefecture, for the development of a grid-scale battery storage facility, and rights relating to the transmission grid. Maximum receiving capacity: 1,999.0 kW.
Gross profit of at least ¥20 million is expected for the fiscal year ending June 2027. The acquisition price itself is undisclosed, but is at least equivalent to 30% of consolidated net sales for the fiscal year ended June 2025.
Fiscal year ending June 2027
Grid connection is scheduled for June 2027. Negotiations with the prospective buyer are broadly agreed, and the company plans to continue repeating the acquisition and sale process under the same business model. The company will promptly disclose any matters requiring disclosure.
| Item | Details |
|---|---|
| Event name | Acquisition of Real Estate for Sale (Land for Grid-Scale Battery Storage Facilities and Rights Relating to Transmission Grids for Power Generation Facilities, etc.) |
| Date of occurrence | 24 April 2026 (the date on which the Board of Directors resolved to proceed with the acquisition; delivery of the land and rights is scheduled for April 2026) |
| Subject Entity | Birdman Co., Ltd. |
| Target Locations / Products | Land in Wakasa, Fukui Prefecture, for the development of a grid-scale battery storage facility, and rights relating to the transmission grid. Maximum receiving capacity: 1,999.0 kW. |
| Amount of Impact on Business Performance | Gross profit of at least ¥20 million is expected for the fiscal year ending June 2027. The acquisition price itself is undisclosed, but is at least equivalent to 30% of consolidated net sales for the fiscal year ended June 2025. |
| Accounting period in which recognized | Fiscal year ending June 2027 |
| Outlook | Grid connection is scheduled for June 2027. Negotiations with the prospective buyer are broadly agreed, and the company plans to continue repeating the acquisition and sale process under the same business model. The company will promptly disclose any matters requiring disclosure. |
| Planned follow-up disclosure | The company will promptly disclose any matters requiring disclosure. |
Items this document does not state (17)
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 cited the fact that negotiations with the prospective buyer are progressing through its proprietary channels and are broadly agreed, as well as the fact that it has many business partners in the battery storage business, enabling stable acquisitions even amid market shortages.