【Japan Enterprise】Establishment of a Joint Venture in Renewable Energy Business | July 2026

Overview of Business

Japan Enterprise, with the aim of promoting the adoption and stable supply of renewable energy, will establish a joint venture 'NE Power Co., Ltd.' in cooperation with Four Qualia Inc., a Web development company, and Nagao Engineering Inc., which operates energy storage battery business. The capital stock is 50,000 thousand yen, and the establishment is scheduled for early August 2026. The ownership ratio is Japan Enterprise 51.0%, Nagao Engineering 33.3%, and Four Qualia 15.7%. The company aims to promote the dissemination of grid-scale energy storage batteries and renewable energy utilization, contributing to the realization of a decarbonized society.

Future Outlook and Impact

The impact on the company's consolidated results for this period is expected to be limited, but through capital investment and business development of the joint venture, long-term expansion in the renewable energy sector and enhancement of corporate value are targeted. The joint venture is scheduled to be established in August 2026. If there are any significant developments or important matters, timely disclosure will be made.