TOKYO, Apr 24 (Pulse News Wire) – Birdman Inc. (7063.T) announced today that its board of directors, held, approved the acquisition of rights related to power transmission systems for sale.
The acquired property includes land and rights associated with system-level battery storage facilities and power generation equipment connections. Key details of the transaction include: - Location: Fukui, Wakasa Machi - Maximum capacity: 1999.0 kW - Rights secured: Completion of application for connection to the power grid and stability services contract, ensuring the position of the acquiring entity and all associated rights. - Acquisition cost: Payment due on April 27, 2026. - Funding source: Funds previously disclosed on October 27, 2025, for the purpose of funding acquisitions and expenditures. - Connection date: Scheduled for June 2027.
Regarding pricing, while specifics remain confidential due to non-disclosure agreements, the acquisition price exceeds the consolidated revenue reported at the end of the fiscal year ending June 2025, which was equivalent to 30%. Looking ahead, Birdman expects this acquisition to contribute significantly to future earnings. The company anticipates generating at least ¥20 million in gross profit (operating income) during the fiscal year ending June 2027. Management notes that this figure represents a conservative estimate, with potential for further growth through ongoing negotiations. Additionally, Birdman plans to continue leveraging its network of partners in the battery industry to secure similar assets and drive sales in a tight market environment.
Further updates will be communicated promptly should significant developments arise.
🟢 Confidence: High AI-translated content.