Notice on Formulation of Medium-Term Management Plan (Fiscal Years Ending March 2027 to March 2029)

Background and Core of the Medium-Term Management Plan

Erex Corporation began its electricity retail business in 2001 and has expanded into electricity trading and biomass power generation businesses. Responding to changes in the energy environment domestically and internationally, and against the backdrop of increased electricity demand from AI and data centers, as well as the full-scale operation of the GX-ETS system and the transition to a decarbonized society, the company is strengthening its business development both at home and abroad. It has established a diversified business model including construction of biomass power plants and fuel procurement in Vietnam and Cambodia, as well as carbon credit generation.

Overview and Growth Strategy of the Medium-Term Management Plan

From the fiscal year ending March 2027 to the fiscal year ending March 2029, the company aims to increase net sales from 174.9 billion yen to 208.3 billion yen, operating income from 8.5 billion yen to 11.3 billion yen, and net income from 5.5 billion yen to 9.5 billion yen. In the domestic market, it will advance growth in retail business and expansion of aggregation businesses such as storage batteries, while responding to increased demand from AI and data centers. Overseas, the strategy focuses on expanding biomass and hydropower generation and carbon credit businesses in Southeast Asia. The financial strategy includes building a robust finance system and nurturing global talent.