Source disclosure: January 30, 2026
Star seeds Co., Ltd. [3083.T]
TOKYO, Jan 30 (Pulse News Wire) – Star Seeds CO.,LTD. (3083.T) announced today that it has decided to cancel the acquisition of a power storage facility site located in Chikushino City, Fukuoka Prefecture.
The company had previously disclosed its intention to acquire the property on October 17, 2025. The decision was made after reviewing its portfolio of system-scale battery projects. Despite announcing plans to enter the renewable energy sector through this project on July 17, 2025, the company concluded that acquiring the Chikushino Power Storage Facility would not align with its strategic goals.
As a result, the transaction will be terminated without taking possession of the property. Key details of the cancelled acquisition include: - Location: Fukuoka, Chikushino Shi Ooaza Hara 713-50 - Name: Chikushino Power Storage Facility - Maximum receiving power capacity: 1890.0 kW - Electric power connection provider: Kyushu Electric Power Transmission Co., Ltd. Regarding future outlook, the company stated that the cancellation will have a minor impact on its consolidated performance forecast for the fiscal year ending February 2026, as the sale of the property was originally scheduled for the fiscal year ending February 2027.
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