Syla Holdings Co., Ltd. (Headquarters: Shibuya-ku, Tokyo; Chairman and Representative Director: Hiroyuki Sugimoto; Securities Code: 8887; hereinafter "the Company") has announced that its consolidated subsidiary, Syla Solar Co., Ltd. (hereinafter "Syla Solar"), resolved at its board meeting held today to invest in grid-connected battery storage and acquire an energy storage facility.
Overview of Development Plan
### Transaction Summary
- Location: Oyama City, Tochigi Prefecture - Type: Land and grid-connected energy storage facility - Receiving Capacity: 2MW - Storage Capacity: 8MWh - Purchase Price (*): Not disclosed
(*) The purchase price is not disclosed due to confidentiality agreements between Syla Solar and the seller, but it is less than 30% of the Company's consolidated net assets for the immediately preceding fiscal year (fiscal year ending May 2026).
- Contract Signing Date: July 17, 2026 (planned) - Settlement and Delivery Schedule: November 1, 2026 (planned)
Future Outlook
Syla Solar is advancing the acquisition and sale of grid-connected battery storage systems as a core business, considering the social responsibilities expected of a listed corporate group, rising electricity demand, changes in related tax systems, market growth, and synergies with the company's existing businesses.
For additional IR information about Syla HD, please visit the official website:
https://syla-holdings.jp/ir/investor_relations/
FACT BOX
- Source: PR TIMES
- Category: News