FilingReader Intelligence

MBK corrects Energy Point alliance details, revises business content

October 7, 2025 at 12:06 PM UTCBy FilingReader AI

Merchant Bancard Corporation announced on October 7, 2025, a partial correction to its October 6, 2025, disclosure concerning the acquisition of shares in Energy Point Co., Ltd. and a capital and business alliance for grid-scale battery storage projects. The correction specifically revises the business content of Energy Point Co., Ltd., a key counterparty in the alliance.

Originally, Energy Point Co., Ltd.'s business content was listed as "cryptocurrency exchange business and real estate trading business." The corrected information now states its business content as "specified wholesale supply (aggregator) business, energy consulting." Other details such as capital, establishment date, major shareholders, and relationships with Merchant Bancard Corporation remain unchanged.

Energy Point Co., Ltd., established on November 19, 2003, has capital of 10,000 thousand yen. Its representative director is Hikaru Nemoto, who also holds a 50% stake. Other major shareholders include Yuji Okayama (45%) and Kenji Eda (5%).

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:3121Tokyo Stock Exchange

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