SMFL MIRAI Partners Company, Limited acquired a 80% stake in Yokkaichi Solar T.K. from RENOVA, Inc. (TSE:9519) on April 22, 2022. Post acquisition, Yokkaichi had 20% stake in Yokkaichi. For the year ended March, 2021, Yokkaichi had Net assets of ¥1 million, Total assets of ¥7.94 million, Net sales of ¥885 million, Operating profit of ¥367 million.

SMFL MIRAI Partners Company, Limited completed the acquisition of a 80% stake in Yokkaichi Solar T.K. from RENOVA, Inc. (TSE:9519) on April 22, 2022.