Reyuu Japan Acquires Rights to Battery Storage Facility and Land
TOKYO, Jun 30 (Pulse News Wire) – ReYuu Japan Inc. (9425.T) announced today that it has acquired rights to a battery storage facility and related land located in Yamaguchi, Nagato Shi Hioki Shita, pur
TOKYO, Jun 30 (Pulse News Wire) – ReYuu Japan Inc. (9425.T) announced today that it has acquired rights to a battery storage facility and related land located in Yamaguchi, Nagato Shi Hioki Shita, pursuant to a resolution made at the board meeting held on August 03, 1998.
The acquisition includes associated contractual positions and rights related to grid connection agreements. The company plans to monetize the asset through future transfers to third parties rather than operating it long-term. The initial estimated internal rate of return (IRR) based on preliminary calculations is [11.8%]. Revenue projections indicate potential earnings of up to ¥[¥171 million] million in the third year post-acquisition.
Key considerations include the ongoing development status of the project and pending legal procedures for transferring ownership of the land. Full possession of the assets is scheduled for October 30, 2026. Regarding the seller, Craft Corporation, established on August 3, 1998, operates primarily in cleaning, equipment inspection, security, construction, and management services. As of April 2026, the company had capital of ¥50 million and total assets of ¥3.075 billion.
Further details on the transaction, including the final price and impact on profits, remain under negotiation and will be disclosed promptly upon completion.
