TOKYO, Mar 11 (Pulse News Wire) – Digital Grid Corporation (350A.T) reported robust power settlement revenue in its first quarter, surpassing initial expectations due to favorable seasonal factors. However, the company forecasts a decline in subsequent quarters.
Additionally, while recognizing a competitive environment leading to gradual normalization of fee rates, management remains cautious about potential impacts from rising personnel costs and contract renewals in April. Regarding renewable energy portfolio (REPF) operations, the firm noted strong performance driven primarily by seasonal conditions rather than structural growth.
It anticipates continued investment expansion and expects significant capacity additions beginning August 2026. In battery-related businesses, the company's aggregation service (AS) has seen steady progress since October 2025, contributing modestly to earnings this fiscal year but expected to make substantial contributions moving forward.
Adjustments to price caps in the primary adjustment power market could slightly reduce profitability but remain within manageable levels according to management projections.
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