Miki Mori Completes Transition to Holding Company Structure, Aims to Launch 23 Bases This Year and Expand to 500 Bases in 5 Years

Miki Mori Holdings Co., Ltd. (Headquarters: Chiyoda-ku, Tokyo; Representative Director: Ahn Ryong-soo; hereinafter "Miki Mori HD") is pleased to announce that it has completed its transition to a holding company structure and fully launched its group management operations. Concurrently, the company is unveiling a new strategy aimed at starting operations of 23 grid-scale battery bases (184MWh) nationwide within this fiscal year, establishing a new development framework of "over 100 bases annually," and targeting the deployment of 500 bases cumulatively over the next five years.

■ Leaping Toward a 1 Trillion Yen Company: Infrastructure Fund Formation and Vertical Business Integration

Centered on the development and operation of grid-scale batteries, the company aims to create an enterprise value exceeding 1 trillion yen as an energy infrastructure platformer by integrating the following growth engines:

1. Overwhelming Execution Capability: Speedy Development of 500 Bases in 5 Years
Starting with the operation of 23 bases (184MWh) nationwide this fiscal year, the company will continuously execute new developments of "over 100 bases annually." With a goal of deploying 500 bases over five years, Miki Mori will drive the stabilization of Japan's power grid and the expansion of renewable energy introduction through industry-leading development speed.

2. Launch of the Infrastructure Fund Formation Plan
The company is planning the formation of a proprietary infrastructure fund targeting power storage assets. By attracting capital from domestic and overseas institutional investors, it will realize an asset-light management style that maximizes capital efficiency. Establishing a large-scale funding scheme will solidify a robust financial foundation to support the development of over 100 bases annually.

3. Aggregation Business and Data Center Development
Miki Mori is fully launching a power aggregation business utilizing proprietary AI algorithms. It will comprehensively control decentralized storage assets to achieve high value-added trading in supply and demand adjustment markets. Furthermore, in conjunction with the priority introduction of high-quality "Made in Japan batteries," the company is embarking on next-generation data center development. This will build a clean digital foundation to support the massive power demands of the generative AI era.

■ Expanding the Infrastructure Network Through Strategic JVs: Achieving 500 Bases in 5 Years
The Miki Mori Group will strongly promote joint ventures (JVs) with major domestic partners. Through these strategic alliances, it will build a 500-base power storage network within five years. By fusing capital strength with development and operational technologies, it will establish an overwhelming share in the energy market.

■ Comment from Representative Director Ahn Ryong-soo
"The launch of the Miki Mori Holdings structure is a crucial first step for our company to make the leap into a next-generation infrastructure firm.

Driven by a development speed of over 100 bases annually and the infrastructure fund formation plan launched today, we will ensure the achievement of deploying 500 bases in 5 years alongside our major partners.

Furthermore, through data center development and the introduction of Japanese-made batteries, we will evolve our infrastructure from 'storing' energy to 'transforming it into value,' sprinting at full speed on the path to becoming an excellent company with revenues exceeding 1 trillion yen."

■ About the Miki Mori Group
An energy-tech group that vertically integrates AI power operation algorithms, large-scale energy storage infrastructure, and data center development. It simultaneously drives Japan's energy security and the strengthening of its digital foundation.