JELLY BEANS GROUP Co., Ltd.
(Amendment) Notice Regarding Partial Amendment to “Notice of Conclusion of Order Contract for Batteries for Grid-scale Storage Facilities”
Regarding the order contract for batteries for grid-scale storage facilities, JB Sustainable's involvement results in revised completion schedules for three sites. Shizuoka and Shiga are scheduled within the current year, and Kyoto is delayed to early next year. Revenue will be recognized at completion; no impact is expected on the fiscal year ending January 2027 consolidated results.
Key Figures
- Scheduled Completion Date: Fujieda City, Shizuoka Prefecture December, 2026
- Scheduled Completion Date: Nagahama City, Shiga Prefecture December, 2026
- Scheduled Completion Date: Kyotango City, Kyoto Prefecture January, 2027
AI要約
Summary of Changes
Regarding the battery installation projects at three grid-scale storage sites ordered by consolidated subsidiary JB Sustainable, a reassessment of connection conditions became necessary due to insufficient charging capacity from the power grid to the batteries, resulting in changes to the completion schedule. Fujieda (Shizuoka) and Nagahama (Shiga) are now scheduled to be completed within the current year, and Kyotango (Kyoto) is scheduled for early next year. Although completion will be delayed, revenue and profit will be recognized at the time of completion, and no impact on consolidated results for the fiscal year ending January 2027 is expected.
Outlook and Impact
Although completion delays will occur, revenue and profit will be recognized upon completion. If new disclosure items arise, they will be announced promptly. No impact on consolidated results for the fiscal year ending January 2027 is anticipated, but attention should be paid to potential cash flow fluctuations and project management risks resulting from the delays.
JELLY BEANS GROUP Co., Ltd.
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