TOKYO, Jun 11 (Pulse News Wire) – Espoir(3260.T) resolved today to sell two power grid rights acquired on June 30, 2025 and September 12, 2025. The properties, located in Nagano Prefecture and another unnamed location, cover land totaling 4,605 square meters and 3183.55 square meters respectively.
Each property includes completed service contracts for connecting power generation equipment to the grid and securing system slots. The sale price will exceed a percentage equivalent to ¥55 million of the consolidated revenue at the end of the fiscal year 2026 (February 2026). Due to confidentiality agreements, the buyer's identity remains undisclosed.
There are no capital, personal, or transactional relationships between Espoir and the buyer. Regarding future outlook, while the sale is expected to contribute positively to the fiscal year ending February 2027 performance, the company is currently finalizing its earnings forecast for the same period. Once complete, Espoir plans to disclose the results promptly.
Any further significant developments will be communicated immediately.
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