TOKYO, Mar 31 (Pulse News Wire) – PORT INC. (7047.T) announced today that its planned full entry into the system battery storage business, scheduled for completion within the fiscal year ending March 31, 2026, will experience a slight delay due to delays in initiating power supply-demand adjustment market transactions at its third facility, the Gunma Isezaki Second Energy Storage Plant.
The company had initially aimed to finalize its full-scale participation in the sector during the current fiscal year but now expects to make the decision by May 15, 2026, alongside its quarterly earnings release. Despite initial setbacks, PORT INC. remains confident that the necessary adjustments will be completed by the time of the earnings announcement. In the meantime, PORT INC. successfully launched operations at three energy storage plants—Gunma Ota Energy Storage Plant, Gunma Isezaki First Energy Storage Plant, and Gunma Isezaki Second Energy Storage Plant—all with approximately 2 MW capacity and 8 MWh storage capacity.
The first two facilities began operating on June 10, 2025, and June 18, 2025, respectively, while the third commenced operation on October 16, 2025. Initial trading in the power supply-demand adjustment market started at the Gunma Isezaki First Energy Storage Plant on October 16, 2025, followed by the Gunma Ota Energy Storage Plant on December 1, 2025. The total investment in the three energy storage plants amounted to approximately ¥1 billion. PORT INC. anticipates positive contributions to profitability beginning in the first quarter of the fiscal year ending March 31, 2027, despite incorporating anticipated development costs for future projects.
🟢 Confidence: High AI-translated content.