The business alliance concerning the renewable energy power generation and electricity sales business, which had been pursued with advice and cooperation from プライムジャパン株式会社, will be terminated effective 8 September 2026. The Company will temporarily suspend activities related to this business and carefully consider whether to continue it in the future.
An alliance intended to obtain advice and cooperation from プライムジャパン株式会社 regarding processes requiring specialized expertise, including the selection of candidate sites, procurement of materials, construction work and permit applications
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
This matter will have no impact on the Company's financial results for the fiscal year ending September 2026.
| Item | Details |
|---|---|
| Name of alliance partner | プライムジャパン株式会社 |
| Alliance partner's business activities | Construction |
| Alliance partner's location | Katsushika-ku, Tokyo |
| Alliance partner's capital | ¥10 million |
| Alliance partner's net sales | Not disclosed (the counterparty's consent has not been obtained regarding its operating results and financial condition) |
| Alliance partner's operating income | Not disclosed (the counterparty's consent has not been obtained regarding its operating results and financial condition) |
| Type of alliance | Dissolution |
| Details of the alliance | An alliance intended to obtain advice and cooperation from プライムジャパン株式会社 regarding processes requiring specialized expertise, including the selection of candidate sites, procurement of materials, construction work and permit applications |
| Date of board resolution | 8 September 2026 |
| Contract Date | 16 August 2022 |
| Impact on Business Performance | This matter will have no impact on the Company's financial results for the fiscal year ending September 2026. |
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 Company has been unable to secure sites suitable for renewable energy power generation, and there is no prospect of securing such sites in the future. As the Company will temporarily suspend activities aimed at power generation and electricity sales and carefully consider whether to continue them in the future, it will terminate the business alliance.