Star Seasons to sell Tahara battery storage asset for portfolio optimization

Star Seasons Co., Ltd. announced on October 22, 2025, its Board of Directors decided to sell land, facilities, and power interconnection rights related to a grid-scale battery storage power station. This sale is part of a portfolio optimization strategy, following the acquisition of two such properties in Aichi Prefecture, Japan. The specific asset to be sold is located in Tahara-shi, Aichi Prefecture, identified as NO.568 Tahara-shi Houmi-cho Battery Storage Power Station, with a maximum reception capacity of 1999.0kW, connected to Chubu Electric Power Grid Co., Inc.

The sale's revenue is projected to exceed 10% of Star Seasons’ consolidated net sales for the previous fiscal year. The gain on transfer is expected to be more than 30% of consolidated operating income, ordinary income, and net income attributable to parent company shareholders for the previous fiscal year. The transaction is scheduled for a contract date of October 22, 2025 (planned), with transfer and settlement expected by January 31, 2026 (planned).

The company will reflect the sales revenue and profits in its financial results for the fiscal year ending February 2026. This transaction has already been incorporated into the revised full-year consolidated earnings forecast announced on October 14, 2025, which included an upward revision.