JELLY BEANS GROUP Co., Ltd.
(Revision) Notice of Partial Amendment to the “Notice on Progress of Disclosure Items: Establishment of a Special Purpose Company (SPC)”
Published a partial amendment to the SPC establishment notice. The start date of the urban oilfield business converting waste oil and waste plastics into recycled heavy oil has been moved to late December 2026. Corrective construction will commence in late November 2026 and is scheduled to be completed in mid-December 2026. Impact on consolidated results for the fiscal year ending January 2027 is expected to be minor.
Key Figures
- Business start date: Late December 2026
- Corrective construction start: Late November 2026
- Corrective construction completion (planned): Mid December 2026
AI要約
Summary of the Amendment
Regarding the notice on the establishment of a special purpose company (SPC), due to the need for corrective construction in preparation for the start of the "Tatsuno Recycled Heavy Oil Refinery" project in Tatsuno City, Hyogo Prefecture, the business start date has been changed to late December 2026. The establishment date and the board resolution date remain unchanged.
Outlook and Impact
The corrective construction is scheduled to begin in late November 2026 and to be completed in mid-December 2026. Following completion and commissioning, operations are expected to start in late December 2026. Considering demand for power generation using recycled oil, commencement of operations is regarded as a key management priority. The impact on consolidated results for the fiscal year ending January 2027 is expected to be minor, and any further progress will be disclosed promptly.
JELLY BEANS GROUP Co., Ltd.
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