Tamagawa Holdings Co., Ltd.

2026/08/10 Updated
Market Cap: $86.5M (¥13.7B)
Stock Price: $9.49 (¥1,499)
Exchange Rate: 1 USD = ¥157.98

Notice of Progress on Acquisition of Fixed Assets by Our Subsidiaries (Purchase of land for grid storage facilities and power generation rights for the system)

Change of contracts for the land and power generation rights for grid storage facilities from the Kagoshima-Kirishima city project to the Mie-Iga city project. Target interconnection date planned for September 2027; total development cost is 570 million yen (excluding tax). Impact on consolidated results for FY2026 is expected to be minor. The Miyama city (Fukuoka) project is progressing separately.

Importance:
Page Updated: August 7, 2026
IR Disclosure Date: August 7, 2026

Key Figures

  • Total development cost for grid storage facilities: 570 百万円(税抜)
  • Planned interconnection timing: 2027 年9月(予定)
  • Purchased assets: Grid storage facility land for the system and related development rights

AI要約

Section Heading

This release discloses a contract amendment by Tama River Energy, the subsidiary, to transfer the target assets for the grid storage facility from the Kagoshima Kirishima project to the Mie Iga project. The reason for the change is that a response to the connection inquiry has been obtained, allowing for interconnection around September 2027, after considering development plan certainty, schedule, and profitability. Impact on FY2026 consolidated results is expected to be minor.

Section 2 Heading

Details of the asset, the contract, and future prospects are described. The Miyama city project is proceeding as before, and the change this time is part of the group’s grid storage facility project promotion. In the future, any matters requiring disclosure will be promptly announced.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Tokyo-based Tama River Holdings Co., Ltd.

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