4Cs HD Reports Delay in Payment for System Battery Land Transfer

TOKYO, Jul 10 (Pulse News Wire) – 4cs HD CO.,LTD. (3726.T) reported a delay in payment for the system battery land and power connection rights transfer completed on April 24, 2026.

According to the initial agreement, the transfer price was scheduled to be paid by June 30, 2026, but the payment has been postponed due to technical delays related to Tokyo Electric Power's engineering review process. The company explained that the selection of the chief engineer responsible for the project required additional time beyond the usual three-month period allocated for detailed design work. As a result, the completion of the technical review and the determination of construction costs and timelines have been delayed, leading to a postponement in payments from the buyer.

However, the company anticipates that the appointment of the chief engineer by the Chubu Electric Power Association will soon finalize the remaining procedures, allowing for the agreed-upon settlement date of July 21, 2026. In light of these developments, 4cs HD CO.,LTD. maintains that the impact on its September 2026 earnings remains minor.

The company stated that it continues to assess the overall effect of the transaction on its performance and will disclose further updates if necessary.