TOKYO, May 29 (Pulse News Wire) – Glome Holdings,inc. (8938.T) resolved today during its board meeting to acquire land, equipment, and power connection rights for a system battery storage facility.
The acquisition is scheduled to close on August 1, 2026, with operations set to begin on the same day. The move follows the company's April 30 announcement outlining plans to enter the growing system battery sector. The project involves acquiring a site located in Hyougo, Toyooka Shi Tantou Machi Deai, named the Toyooka City Butodonocho Energy Storage Facility, which spans 907.15 square meters. The facility will feature a maximum power capacity of 1,988 kW and will connect to Kansai Electric Power Transmission Co., Ltd. Funding for the project will come from the company’s own resources and additional capital raised through a share issuance completed on May 21, 2026.
The total cost of the acquisition remains undisclosed due to confidentiality agreements but exceeds the recent book value of fixed assets by 10%. Payment will be made via bank transfer. In addition, GLOME Holdings will lease the funds to its subsidiary, Fukuyama Medical Equipment Co., Ltd., which has a capital of ¥10 million (with 100% owned by GLOME). The subsidiary is based in Hiroshima, Fukuyama Shishujou Chou. Looking ahead, the impact of this investment on the company’s consolidated performance for the fiscal year ending March 31, 2027, will be disclosed promptly should any significant changes occur.
Initial forecasts indicate potential contributions to revenue, operating profit, and ordinary profit for the upcoming fiscal year.
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