Why is Remixpoint making NC Pioneer a consolidated subsidiary?

To strengthen its ownership and operation base in the grid-scale storage battery business, a key growth area, and to clarify its revenue contribution.

What is the financial impact of this consolidation on Remixpoint?

For the current fiscal period, it is expected to add net sales of 506 million yen and operating profit of 288 million yen to the consolidated income statement.

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Notice Regarding the Consolidation of NC Pioneer LLC as a Subsidiary

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AI Summary (NQ-processed)

Remixpoint Co., Ltd. has resolved to make NC Pioneer LLC, a company engaged in the acquisition, development, ownership, and operation of grid-scale storage batteries, a consolidated subsidiary. This will bring seven battery storage facilities owned and operated by NC Pioneer into the group's consolidation scope, changing how revenue is recognized. The company positions the storage battery business as a growth area and aims to enhance mid-to-long-term corporate value.

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Frequently Asked Questions

Q: Why is Remixpoint making NC Pioneer a consolidated subsidiary?: A: To strengthen its ownership and operation base in the grid-scale storage battery business, a key growth area, and to clarify its revenue contribution.
Q: What is the financial impact of this consolidation on Remixpoint?: A: For the current fiscal period, it is expected to add net sales of 506 million yen and operating profit of 288 million yen to the consolidated income statement.
Q: How many grid-scale storage battery facilities does NC Pioneer own nationwide?: A: Seven facilities nationwide.