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M&A and Subsidiary Changes7063Birdman Inc.Information and Communications, Services and Others

Notice Regarding the Completion and Commencement of Operations of a Grid-Scale Battery Storage Facility

Construction and grid interconnection with the power company have been completed for the grid-scale battery storage facility in Sakaiminato City, Tottori Prefecture, whose acquisition had previously been announced, and operations will commence on 4 July 2026. The start of operations was delayed by approximately 3 months from the originally scheduled date of April 2026.

Worth reading
59In focus
Scored from 2 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
280
¥ million (expected contribution to revenue for the fiscal year ending June 2027)
Wording
Conditional
How definitive the wording is.

This transaction

TimelineThe spacing between the points is proportional to the actual number of days.
Impact on Business Performance

The company expects the business to contribute approximately ¥280 million to revenue for the fiscal year ending June 2027. The company will promptly disclose any impact on earnings forecasts for the following fiscal year and beyond if matters requiring disclosure arise.

This transaction
ItemDetails
Impact on Business PerformanceThe company expects the business to contribute approximately ¥280 million to revenue for the fiscal year ending June 2027. The company will promptly disclose any impact on earnings forecasts for the following fiscal year and beyond if matters requiring disclosure arise.
Date of board resolution27 October 2025
Execution Date / Effective Date4 July 2026 (operations start date)
Items this document does not state (29)
Transaction nameCounterparty nameName 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 CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition

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 delay in starting operations was caused by market-wide shortages and delivery delays of cubicles (electrical switchgear units), against a backdrop of a global shortage of transformer materials and a sharp increase in demand from data centers and other sources. For approximately 3 months after operations begin, the facility will be operated on a trial basis using a peak-shifting model. Thereafter, the company plans to enter the primary balancing market to improve the facility's operating rate and stabilize its earnings base.

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.
Notice Regarding the Completion and Commencement of Operations of a Grid-Scale Battery Storage Facility | Birdman Inc. (7063) timely disclosure | Komori