TECHNOLOGIES,Inc. [5248.T]

TOKYO, Jul 07 (Pulse News Wire) – Technologies,Inc. (5248.T) announced the completion of grid connection for four battery storage facilities operated by its subsidiary Eco Leather Co., Ltd.

This marks the first such project completed within the company's system-scale battery storage initiative. The four facilities, located in Gifu Prefecture, Tochigi Prefecture, and Chiba Prefecture, have capacities ranging from 8,128 kWh to 10,000 kWh. Specific details are as follows: - Facility Gifu, Ena Shi Chikudensho: Located in Ena City, Gifu Prefecture, with a capacity of 8,128 kWh, completed on June 30, 2026. - Facility Tochigi, Tochigi Shi Chikudensho: Located in Tochigi City, Tochigi Prefecture, with a capacity of 10,000 kWh, completed on June 30, 2026. - Facility Tochigi, Kanuma Shi Chikudensho: Located in Kamisu City, Tochigi Prefecture, with a capacity of 10,000 kWh, completed on June 30, 2026.

- Chiba Isumi City Storage Facility: Located in Isumi City, Chiba Prefecture, with a capacity of 10,000 kWh, completed on July 02, 2026. Looking ahead, Technologies,Inc. plans to continue advancing its system-scale battery storage projects through ongoing development efforts, including system applications, land development, technical reviews, equipment procurement, construction, and operational management. The company expects to complete trial operations and contract procedures for these facilities, aiming for revenue recognition in the fiscal year ending January 2027. However, the timing and amount of revenue could vary based on future progress and contractual conditions.

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