Notice Regarding the Recording of Extraordinary Loss
ソーラー2025 春合同会社, ソーラー2026 秋合同会社, フィンテック グローバル株式会社 and the Company's consolidated subsidiaries
Solar power plant development projects at 10 sites in Tohoku and Hokkaido, including power generation facilities and power purchase agreements with retail electricity providers
The Company began initiatives to transfer the assets off balance sheet in order to improve capital efficiency, as recovering the development costs requires a long period of time.
An extraordinary loss of ¥400 million is expected to be recorded in the consolidated financial statements for the fiscal year ending September 2026, while ¥400 million in provision for doubtful accounts is expected to be recorded as an extraordinary loss in the non-consolidated financial statements.
Fiscal year ending September 2026
The full-year consolidated earnings forecast for the fiscal year ending September 2026, announced on 12 May 2026, has not been revised at this time. If a revision to the earnings forecast becomes necessary, the Company will promptly disclose it.
The power generation facilities and other assets will be transferred from ソーラー2025 春合同会社 to ソーラー2026 秋合同会社, after which ソーラー2025 春合同会社 will be liquidated. ソーラー2026 秋合同会社 is expected to receive a silent partnership investment from a third party during the fiscal year ending September 2027, and the Company aims to have the entity cease to be a consolidated subsidiary while receiving partial repayment of its subordinated loan. 株式会社パブリック電力 is expected to continue providing management services, and FGI キャピタル・パートナーズ株式会社 is expected to receive fees under its asset management agreement.
If it becomes necessary to revise its earnings forecasts, the Company will promptly disclose the revision.
| Item | Details |
|---|---|
| Event name | Notice Regarding the Recording of Extraordinary Loss |
| Date of occurrence | 18 September 2026 (the date on which the Board of Directors resolved to approve the transfer) |
| Subject Entity | ソーラー2025 春合同会社, ソーラー2026 秋合同会社, フィンテック グローバル株式会社 and the Company's consolidated subsidiaries |
| Target Locations / Products | Solar power plant development projects at 10 sites in Tohoku and Hokkaido, including power generation facilities and power purchase agreements with retail electricity providers |
| Cause | The Company began initiatives to transfer the assets off balance sheet in order to improve capital efficiency, as recovering the development costs requires a long period of time. |
| Amount of Impact on Business Performance | An extraordinary loss of ¥400 million is expected to be recorded in the consolidated financial statements for the fiscal year ending September 2026, while ¥400 million in provision for doubtful accounts is expected to be recorded as an extraordinary loss in the non-consolidated financial statements. |
| Accounting period in which recognized | Fiscal year ending September 2026 |
| Impact on Earnings Forecast | The full-year consolidated earnings forecast for the fiscal year ending September 2026, announced on 12 May 2026, has not been revised at this time. If a revision to the earnings forecast becomes necessary, the Company will promptly disclose it. |
| Outlook | The power generation facilities and other assets will be transferred from ソーラー2025 春合同会社 to ソーラー2026 秋合同会社, after which ソーラー2025 春合同会社 will be liquidated. ソーラー2026 秋合同会社 is expected to receive a silent partnership investment from a third party during the fiscal year ending September 2027, and the Company aims to have the entity cease to be a consolidated subsidiary while receiving partial repayment of its subordinated loan. 株式会社パブリック電力 is expected to continue providing management services, and FGI キャピタル・パートナーズ株式会社 is expected to receive fees under its asset management agreement. |
| Planned follow-up disclosure | If it becomes necessary to revise its earnings forecasts, the Company will promptly disclose the revision. |
Items this document does not state (15)
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.Because solar power projects require a long period to recover development costs, the Company aims to improve capital efficiency and advance the transfer of assets off balance sheet. Following the transfer, the subsidiaries are also expected to continue earning recurring revenue by managing the power generation facilities and providing asset management services.