Kuradashi and Green Energy & Company Reach Basic Agreement on Joint Venture for Co-development and Operation of Grid-Connected Storage Batteries

Kuradashi Inc. (Headquarters: Shinagawa-ku, Tokyo; President & CEO: Kohei Kawamura, hereinafter "Kuradashi") and Green Energy & Company, Inc. (Headquarters: Minato-ku, Tokyo; President: Takafumi Suzue, hereinafter "Green Energy & Company") have reached a basic agreement to implement a joint venture aimed at promoting and expanding the adoption of grid-connected storage batteries in Japan. This joint venture will utilize a GK-TK (Godo Kaisha - Tokumei Kumiai) scheme, establishing a joint venture entity with equal 50% investment from both companies, with the goal of commencing operations of 5 facilities by fiscal year 2027.

Furthermore, the companies plan to explore future expansion by utilizing project finance from financial institutions and attracting new TK investors, thereby promoting the creation of a new business model for renewable energy infrastructure investment.

Background of the Initiative

Kuradashi's mission is "To bring fruit to the future through good business," and its vision is "To become Japan's No. 1 impact group." The company develops businesses that bring tangible impacts to society, the environment, and the economy by converting social issues into economic value.

In its medium-term management plan announced in August 2024, Kuradashi identified "New Business (including M&A)" as one of the three pillars of its growth strategy. In December of the same year, it launched "Green Infrastructure Company," marking its full-scale entry into the renewable energy sector, including the grid-connected storage battery business. To date, Kuradashi has acquired the "Tochigi Oyama Storage Battery Facility," announced investment plans for a total of 4 projects, and is advancing the development and operation of 3 domestic projects through a joint venture (Kuradashi Investment LLC) with Tsuji・Hongō Smart Asset Co., Ltd., rapidly expanding its foundation for the promotion of renewable energy and the reduction of power loss.

Green Energy & Company's purpose is "To make the earth and people green with new common sense." The company challenges itself to create new infrastructure with the goal of "realizing a society where 10 million people can generate the energy they use themselves." It operates nationwide, with a track record of approximately 5,500 power generation facility development projects (as of April 2026). It has established a system capable of handling everything from EPC (Engineering, Procurement, Construction) to O&M (Operation & Maintenance), positioning itself as a leading company in the grid-connected storage battery and renewable energy fields.

Kuradashi and Green Energy & Company have now reached a basic agreement to implement a joint venture aimed at promoting the adoption of grid-connected storage batteries, which are essential for accelerating the expansion of renewable energy as outlined in the government's 7th Strategic Energy Plan. The investment ratio in this business will be 50% for Kuradashi and 50% for Green Energy & Company.

Business Overview

This joint venture will adopt the GK-TK scheme, which enables robust governance and flexible fundraising, and will initially aim to commence operations of 5 facilities by fiscal year 2027.

▽ Assumed Scheme for This Business

Through this joint venture, Kuradashi and Green Energy & Company will integrate their respective strengths in the grid-connected storage battery business, further accelerating business expansion in the renewable energy domain centered on storage batteries.

Additionally, as part of the joint venture's scheme, the companies will actively utilize project finance from financial institutions and aim for further scale expansion depending on the participation of new TK investors, thereby maximizing economic circulation in the renewable energy market.

Kuradashi will continue to convert social issues into value through sustainable business, creating tangible impacts on society, the environment, and the economy. The company will continue to take on challenges to achieve its vision of "becoming Japan's No. 1 impact group."

About Green Energy & Company, Inc.

Representative Name: Takafumi Suzue

Established: November 2014

Head Office Location: [Tokyo Head Office] 12F, Shiodome Building, 1-2-20 Kaigan, Minato-ku, Tokyo

[Tokushima Head Office] 39-1 Nakakira, Sugime, Matsushige-cho, Itano-gun, Tokushima

URL: https://green-energy.co.jp/

Kuradashi Energy: Powering the Future.

We tackle the new social issue of "unused electricity (power loss)" that arises with the spread of renewable energy. Through the introduction, operation, and development of large-scale grid-connected storage batteries, we optimize power supply and demand, building next-generation social infrastructure that supports stable clean energy supply.

URL: https://corp.kuradashi.jp/energy/

About Kuradashi Inc.

Representative Name: Kohei Kawamura

Established: July 2014

Head Office Location: 5F, Meguro Center Building, 3-2-1 Kami-Osaki, Shinagawa-ku, Tokyo 141-0021

URL: https://corp.kuradashi.jp/

[Service Introduction]

- Social Good Marketplace "Kuradashi": https://www.kuradashi.jp/

- "Kuradashi Fund" operated by Kuradashi: https://www.kuradashi.jp/fund

- Frozen Meal Delivery "Dr. Tsurukame Kitchen": https://tsurukame-kitchen.com/

- Online Cooking Class "La Table de SHIORI Online": https://online.atelier-shiori.com/

[Store List]

- Kuradashi Store List: https://kuradashi.jp/pages/stores

[Kuradashi's Impact]

- Impact Site: https://corp.kuradashi.jp/impact/

- Sustainability Report: https://speakerdeck.com/kuradashi/sustainability-report

[Main Cumulative Achievements as of the end of March 2026]

- Food Loss Reduction: 37,951 tons - Economic Impact: 18,464,650,000 yen

- CO2 Reduction: 100,607 t-CO2 - Total Support: 187,674,126 yen

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"Kuradashi," "Social Good Marketplace," "1.5th Distribution," and "From Waste to Value" are registered trademarks of Kuradashi Inc.