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GreenEnergy & Company surges as grid-scale battery storage business exceeds plan, FY April 2026 results beat guidance

Fri May 8, 2026 9:40 am JST Catalyst

GreenEnergy & Company Inc. <1436> shares surged after the company raised its full-year guidance for the fiscal year through April 2026 following the market close on May 7. GreenEnergy now expects revenue of 18.4 billion yen, up from its initial forecast of 17 billion yen (up 58.4% year-on-year), while operating profit is projected to reach 1.15 billion yen, compared to the initial 800 million yen (more than doubling year-on-year). Net profit was also revised upward to 500 million yen from 440 million yen, an 81.8% year-on-year jump.

The upward revision was driven by the grid-scale battery storage segment, a primary growth driver that outperformed targets. The completion and delivery of storage projects outpaced projections, while operating revenues from the newly launched Hiroshima and Kirishima facilities also bolstered performance. Additionally, the company benefited from lower-than-anticipated financing costs due to more efficient borrowing.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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