TESS Holdings Corrects Sustainability Financing Report Details

TOKYO, Jul 08 (Pulse News Wire) – Tess Holdings CO.,LTD. (5074.T) corrected details in its sustainability financing report originally published on August 14, 2025.

The correction pertains to the funding allocation and utilization figures for the "Saga Imari Biomass Power Plant" project under the green loan category. Previously, the reported amount for construction funds was incorrectly stated as ¥7 billion with a total allocated amount of ¥7 billion. After reviewing the records, it was found that some components were overlooked.

The revised figures now reflect a construction fund amount of ¥17.00 billion and a total allocation of ¥17.00 billion, with full utilization completed. This adjustment ensures the accuracy of the company's reporting on environmental and social impact improvements funded through sustainable finance mechanisms. The changes aim to provide stakeholders with precise information on how the funds have been utilized towards renewable energy projects.