The energy storage business expanded to 775 MW \/ 2.3 GWh including a new large-scale 99 MW battery storage project. Full-year forecast for the fiscal year ending March 2027: Revenue 95,700 million yen, EBITDA 33,800 million yen, Operating Income 11,300 million yen, EPS 37.61 yen. Biomass power generation remained solid, and solar power was supplemented for weather impacts. 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Full-year forecast for the fiscal year ending March 2027: Revenue 95,700 million yen, EBITDA 33,800 million yen, Operating Income 11,300 million yen, EPS 37.61 yen. Biomass power generation remained solid, and solar power was supplemented for weather impacts. Capital soundness is stable; the green bond is fixed-rate which mitigates interest rate risk.","jir_summary":"### Performance Overview\nIn Q2 of the fiscal year ending March 2027, revenue, EBITDA and operating income surpassed the same period last year due to the scaling up of the energy storage business and stable operation of biomass assets. With the addition of one new energy storage project (99 MW), total storage capacity expanded to 775 MW \/ 2.3 GWh. The full-year forecast is revenue of 95,700 million yen, EBITDA of 33,800 million yen, and operating income of 11,300 million yen. Non-FIT solar and other business composition also contributed steadily.\n\n### Shareholder Returns & Financial Soundness\nFinancial soundness indicators are broadly stable. A 7,000 million yen green bond is fixed-rate, which suppresses interest rate risk. Foreign exchange and interest rate fluctuations are expected to have limited impact, and investment decisions will continue to prioritize long-term cash flow stability. Capital expenditures for fiscal 2027 are based on current plans, and projects that exceed investment decision benchmarks such as IRR will be prioritized.","jir_financial_highlights":"Consolidated Revenue (Actual): 45,200 (Year-over-Year +11.3%)\nEBITDA: 17,708 (Year-over-Year +13.9%)\nOperating Income: 6,192 (Year-over-Year +26.7%)\nNet Income Attributable to Owners of Parent: 2,960 (-10.9%)\nInstalled Capacity (MW): 1,256.7 (Year-on-Year)","jir_category":"","jir_hashtags":"#ShareBuyback, #Performance, #IPS, #FinancialSoundness","jir_key_figures":"Revenue: 45,200 million yen (Year-over-Year +11.3%)\nEBITDA: 17,708 million yen (Year-over-Year +13.9%)\nOperating Income: 6,192 million yen (Year-over-Year +26.7%)","jir_meta_title":"RENOVA, Inc. Supplementary Materials for Q2 Financial Results for the Fiscal Year Ending March 2027 | Full-Year Forecast","jir_meta_description":"RENOVA, Inc. Q2 supplementary materials for the fiscal year ending March 2027. Analysis of revenue, EBITDA and operating income trends, full-year forecasts, segment developments in energy storage, biomass and solar, and current financial soundness with forward-looking outlook.","jir_og_title":"RENOVA, Inc. Supplementary Materials for Q2 Financial Results for the Fiscal Year Ending March 2027","jir_og_description":"With expansion of the energy storage business and stable biomass operations, the full-year outlook indicates higher profits. 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