4CS Holdings cancels subsidiary's solar power land acquisition

Tokyo, June 5, 2025 - 4cs Holdings (TSE:3726) announced today that its board of directors has resolved to cancel the planned business transfer by its consolidated subsidiary, Fantastic Four No. 1 LLC, regarding the acquisition of land rights for solar power generation facilities held by NEXTA Corporation. The initial agreement, disclosed on January 9, 2025, involved the acquisition of land rights in the Kanto and Tohoku regions for the construction of three solar power plants. However, due to NEXTA's intent to terminate the agreement, and following mutual discussions, the board resolved to terminate the transfer agreement based on the termination clauses within the contract. The company stated that this cancellation will not impact its consolidated earnings forecast for the fiscal year ending September 2025, as the effects had not been incorporated into the forecast. 4cs Holdings will promptly disclose any further developments should they arise.