Star seeds Co.,Ltd.
Notice of Cancellation of Sale of Real Estate Held for Sale (Land and Facilities of Grid-Connected Battery Storage) and Power Connection Rights
Decision to cancel the sale of the property. As a result of discussions with the buyer, the agreement was mutually terminated. Impact on future consolidated results is TBD; if an impact is expected, it will be disclosed promptly.
Key Figures
- Maximum receivable power: 1999.9 kW
- Location: 5136-1 Machibata, Ninokata Aza, Sueyoshi-cho, Soo City, Kagoshima Prefecture
- Connecting power company: Kyushu Electric Power Transmission and Distribution Co., Inc.
AI要約
Overview of Cancellation of Sale
Star seeds Co.,Ltd. resolved to cancel the previously announced sale, dated March 19, 2026, of real estate held for sale (land and facilities of a grid-connected battery storage) and associated power connection rights. The property is a battery storage facility located in Soo City, Kagoshima Prefecture, with a maximum receivable power of 1999.9 kW, and the connecting power company is Kyushu Electric Power Transmission and Distribution Co., Inc. The reason for the cancellation is a review of business policy, and following discussions with the prospective buyer, the parties agreed to terminate the agreement.
Outlook and Impact
The impact of the cancellation on the consolidated results for the fiscal year ending February 2027 is currently being calculated. If it is determined that there will be a material impact on consolidated results, it will be disclosed promptly.
Star seeds Co.,Ltd.
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