TOKYO, Mar 23 (Pulse News Wire) – Powerx,inc. (485A.T) announced today that its board of directors, held on February 27, decided to expand the manufacturing line for large-scale battery systems at its headquarters factory, "Power Base," located in Tamano City, Okayama Prefecture.
The expansion includes the installation of a production line capable of producing 800 units per year, equivalent to approximately 2 gigawatt-hours (GWh). This move comes alongside the recent decision to establish a new factory in Hokkaido, which was disclosed earlier today. Together with existing facilities in Tamano and partners' sites, PowerX plans to achieve a total annual production capacity of 7.5 gigawatt-hours by fiscal year 2028. The company expects the expanded facility to enhance resilience through multiple site operations while maintaining quality control standards set by the main factory. The project's total cost is estimated at March 23, 2026 billion yen, funded through internal resources and loans. Construction is scheduled to begin in March 2026, with operations expected to commence in January 2027.
Additional long-term loan financing is currently being considered separately from the committed credit lines disclosed today. In the medium to long term, PowerX anticipates that this investment will contribute positively to its enterprise value. Any significant developments related to progress or funding decisions will be communicated promptly via appropriate channels. For the fiscal year ending December 2026, the impact on consolidated earnings is expected to be minor. Financial forecasts indicate projected sales of up to ¥3 billion, operating profit of up to ¥1 billion, ordinary profit of up to ¥1 billion, and net income attributable to shareholders of the parent company ranging from ¥2 billion to ¥3 billion. In comparison, the previous fiscal year saw sales of ¥19.306 billion, lower operating profit of ¥137 million, ordinary loss of ¥677 million, extraordinary loss of ¥1.796 billion, and lower net profit of ¥1 billion.
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