ORIX rebounded for the first time in 3 sessions, rising temporarily into the ¥5,900 range. A report by The Nikkei that it would open a battery storage facility with the Mitsubishi UFJ Trust group became a market catalyst.
ORIX rebounded for the first time in 3 sessions, with its share price temporarily rising to ¥5,903 as of 9:10 on 30 September.
According to a report by The Nikkei dated 30th, ORIX was reported to be moving toward opening a battery storage facility with Mitsubishi UFJ Trust, part of the Mitsubishi UFJ group.
This report is a summary of a members-only article and did not contain any official announcement on specific contract terms or the timeline for progress on opening the battery storage facility.
Whether further reports or an official announcement on the matter will emerge may remain a focus for investors.