Erex announced its mid-term management plan for 2027 to 2029, planning to expand its battery storage and aggregation business, strengthen domestic and international biomass power generation, and grow overseas power generation 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-30","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/9517-20260330-01.pdf","jir_short_summary":"Erex announced its mid-term management plan for 2027 to 2029, planning to expand its battery storage and aggregation business, strengthen domestic and international biomass power generation, and grow overseas power generation operations.","jir_summary":"### Overview of Mid-Term Management Plan and Business Environment Recognition\nErex has formulated a mid-term management plan covering the fiscal years ending March 2027 to March 2029. Against the backdrop of growing domestic and international decarbonization demands and the introduction of the GX-ETS market, the company focuses on expanding its battery storage and aggregation business, utilizing domestic biomass power generation, and expanding power generation projects in Southeast Asia. The strategy aims to balance stable power supply with renewable energy utilization, addressing the increasing electricity demand in the AI era.\n\n### Growth Strategy and Specific Initiatives\nThe battery storage business targets an output of 100MW by FY28, including two projects scheduled to commence operations from FY26. The high-voltage retail business expects a 20% increase in contracted capacity YoY by FY25, reaching 1,500MW by FY28. Overseas, large-scale power generation projects are underway in Vietnam and Cambodia, with total investments of up to 240 million USD. The biomass fuel handling volume aims for 3 million tons by FY30, striving for a balance between price competitiveness and stable supply. Strengthening financial foundations and human resource development are also key measures supporting growth.","jir_financial_highlights":"Net Sales: Unknown (FY22 was a record high; FY23 recorded a significant deficit; FY24 expected to return to profitability)\nProfit Before Tax: Unknown (FY23 recorded a significant deficit of -19.9 billion yen; improvements expected from FY24 onward)\nNet Income Attributable to Owners of Parent: Unknown (FY23 posted a deficit of -21.3 billion yen; improvements expected from FY24 onward)\nHigh-Voltage Retail Contract Capacity: Expected 20% increase YoY in FY25 (Increasing trend)\nBattery Storage Output Plan: FY26 35MW, FY27 50MW, FY28 100MW (Expansion plan)\nOverseas Power Generation Business Total Investment Amount: Up to 240 million USD (including projects in Vietnam and Cambodia) (Expansion plan)\nBiomass Fuel Handling Volume Target: 3 million tons by FY30 (Expansion plan)","jir_category":"","jir_hashtags":"#ErexCoLtd, #MidTermManagementPlan, #BusinessStrategy, #JapaneseStocks","jir_key_figures":"FY23 Profit Before Tax recorded a significant deficit of -19.9 billion yen\nHigh-Voltage Retail Contract Capacity expected to increase 20% YoY by FY25\nBattery Storage Output Plan: FY26 35MW, FY27 50MW, FY28 100MW","jir_meta_title":"Erex Mid-Term Management Plan 2027-2029\uff5c100MW Battery Storage & 240MMUSD Overseas Power Investment","jir_meta_description":"Erex Co., Ltd. announced its mid-term management plan for 2027 to 2029, detailing growth strategies including expansion of battery storage and aggregation business, 20% increase in high-voltage retail contract capacity, and 240 million USD investment in overseas power generation projects.","jir_og_title":"Detailed Announcement of Erex Mid-Term Management Plan 2027-2029","jir_og_description":"Detailing Erex\u2019s growth strategy and business expansion plan including 100MW battery storage output and 240 million USD investment in overseas power generation projects.","jir_og_image_url":"\/assets\/og\/company-business_update.jpg","jir_chart_data_collection":"[]","ir_related_company":17450,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-37813","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n