Shirokuma Electric Power Co., Ltd. (Minato-ku, Tokyo, President and CEO Kanzou Tanimoto, hereinafter Shirokuma Electric Power) and Joyful Honda Co., Ltd. (Tsuchiura City, Ibaraki Prefecture, President and CEO Ikuo Hirayama, hereinafter Joyful Honda) have installed solar carports in the parking lot of Joyful Honda Utsunomiya Store, commencing operations on July 1, 2026. ● Overview of this initiative The solar carports at Joyful Honda Utsunomiya Store, the second such installation following the Joyful Honda Chiba Newtown Store which began operations in July last year, will accommodate 346 parking spaces (including 2 priority parking spaces). The estimated annual power generation is 1,207,090 kWh*1, and it is expected to reduce CO2 emissions by approximately 486.4 tons*2 annually. The introduction of these solar carports will increase the self-sufficiency rate to 17.3%*3. Furthermore, this initiative is expected to reduce electricity costs by providing a stable source of self-consumed power, unaffected by external factors such as the energy situation. This solar carport was installed under a third-party ownership model (PPA*4). NaF LLC (Minato-ku, Tokyo, Representative Member NCS RE Capital Co., Ltd., hereinafter NaF), a joint venture invested in by Shirokuma Electric Power and NCS RE Capital Co., Ltd. (Minato-ku, Tokyo, President and CEO Takashi Arai, hereinafter NCS RE Capital), will own the power generation equipment. Shirokuma Electric Power will be responsible for design, construction, operation management, and power supply to Joyful Honda. Location 421-1 Isooka, Kaminokawa-machi, Kawachi-gun, Tochigi Prefecture Operation Start Date July 1, 2026 Installation Area 5471.4 m2 Number of Parking Spaces Installed 346 Effects (Estimated) Power Generation 1,207,090 kWh/year CO2 Reduction 486.4 tons Self-Sufficiency Rate 17.3% *1 Calculated using the solar cell power generation calculation method based on "JIS C8907" *2 Calculated based on the emission factor of electricit