Source disclosure: March 05, 2026, 12:00 JST
Published by Pulse News Wire: March 05, 2026, 12:05 JST
kaihan co.,Ltd. [3133.T]
TOKYO, Mar 05 (Pulse News Wire) – Kaihan CO.,LTD. (3133.T) announced today that its board of directors decided to acquire a 49% stake in renewable energy-focused retail electricity provider Donogi Electric Power.
The acquisition aims to improve long-term profitability through internal aggregation services and enhance corporate value. Donogi Electric Power was previously known as Mito Electric Power and filed for civil rehabilitation in March 2025 due to operational costs exceeding expectations. Following rehabilitation, the company shifted focus to large-scale customers (corporates). Kaihan plans to integrate Donogi's aggregation services within the group, reducing external service costs from ¥1 per KWh to ¥0.5 per KWh.
This move is expected to save approximately ¥17.9 million annually, leading to a total positive impact of ¥360 million over the 20-year contract period. Additionally, acquiring Donogi will facilitate future expansion in battery storage systems and renewable assets. Key financial details: - Acquisition cost: ¥50 million - Number of shares acquired: 490 shares (49% equity) - Share transfer execution date: April 1, 2026 This transaction will be funded entirely from Kaihan’s own resources and will not affect fiscal 2026 results but could influence fiscal 2027 performance. Further analysis will be conducted to assess the impact on revenues from the power purchase agreement signed on May 22, 2023.
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