eREX Surges to Daily Limit High Ahead of GX-ETS Launch, Emerges as Dark Horse in Energy Sector◇

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Mon Mar 30, 2026 11:07 am JST Catalyst

eREX Co.,Ltd. <9517> bucked the broader market selloff and surged to its daily limit high of \1,060. The company engages in electric power retail business by purchasing and reselling surplus electricity, and operates multiple biomass power plants both domestically and internationally. "Against the backdrop of soaring global energy prices, expectations are growing that the company's business model will capture commercial opportunities," noted a strategist at a mid-tier securities firm. The company has been building a track record through initiatives such as supporting decarbonization for East Japan Railway Company <9020> via virtual PPA (environmental value transactions). With the full-scale launch of the emissions trading system (GX-ETS) next month, market recognition of the company as a key related stock appears to be spreading. The credit trading balance shows a margin trading ratio of 0.78 times, indicating a short position bias, while the Japan Securities Finance lending-borrowing ratio stands at an even tighter 0.11 times, suggesting favorable stock supply-demand conditions that underpin its popularity.

(Note) The "◇" symbol at the end of the title indicates that this article contains multiple stock names.

Source: MINKABU PRESS