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Default7063Birdman Inc.

Birdman Acquires System Battery Equipment for Renewable Energy Storage

TOKYO, Jul 10 (Pulse News Wire) – Birdman Inc. (7063.T) announced today that it has acquired system battery equipment, which includes land and grid connection rights, through an agreement reached duri

– Birdman Inc. (7063.T) announced today that it has acquired system battery equipment, which includes land and grid connection rights, through an agreement reached during its board meeting held on July 10, 2026.

The acquisition aims to enhance supply-demand adjustment capabilities and grid stability, aligning with the growing importance of renewable energy sources. This asset, designated as the second facility in Birdman’s portfolio, represents a strategic move towards expanding its operations and diversifying revenue streams. The equipment is expected to commence operation in October 2026 and is anticipated to generate stable revenues across multiple power markets, including wholesale electricity, demand-response, and capacity markets. The total cost of the acquisition exceeds 30% of the company's consolidated net assets as of the fiscal year ended June 2025. The transaction involves ReYuu Japan Co., Ltd. (TICKER_2.T), a listed company on the Tokyo Stock Exchange Growth Market, and Craft Corporation, based in Hiroshima, Hiroshima Shi Asaminami Ku Nishihara Ni Choume.

ReYuu Japan holds a capital of ¥431 million and was established on June 15, 1988. Craft Corporation, founded on August 3, 1998, specializes in cleaning, maintenance, security services, and construction management. Key payment milestones for the acquisition include the initial contract amount of 18% paid on July 10, 2026, materials dispatch fees of 35% due on June 15, 1988, construction and interconnection costs of 38% scheduled for April 30, 2026, and land and operational expenses of 9% payable on October 30, 2026. In anticipation of the equipment's launch, Birdman plans to utilize funds previously disclosed for funding purposes, along with internal resources or future loans. Post-launch, the company expects to achieve steady profits within three months of entering the spot electricity market, followed by operations centered around the demand-response market beginning January 2027. Any significant impact on the company’s performance for the fiscal year ending June 2027 will be promptly communicated.

PDFOriginal disclosureTDnet filing · Japanese · 16:00 JSTView original ↗
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