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Four Seasons has strengthened its renewable Energy business by partnering with Shin Energy Development.
On the 31st, Four Seasons HD <3726> announced that it has signed a business partnership agreement with Shin Energy Development. This time, a joint research proposal utilizing fast-growing trees was made by Shin Energy Development, and the company has decided to enter into a partnership aimed at creating profits in the biomass fuel field of renewable Energy businesses as well as the development of sustainable Cosmetics and health food using naturally derived ingredients. This partnership will utilize fast-growing willow in the biomass fuel field.
4Cs HD: Notice regarding financial results of unlisted parent companies, etc.
Four Seas --- Entered into a business partnership agreement with HOBE ENERGY for grid storage project.
On the 6th, Four Seas HD <3726> announced that the company and its subsidiary Fantastic Four have entered into a business partnership agreement with HOBE ENERGY concerning a grid-scale storage project. HOBE ENERGY utilizes state-of-the-art storage systems, including Lithium Battery and Sodium Battery, starting from renewable Energy solutions such as solar and wind power, to customize comprehensive Energy solutions according to customer needs for grid or industrial energy challenges.
Foshiz HD surged sharply, viewed positively as a business partnership with HOBE.
Four Seas HD <3726.T> surged and reached a high of 898 yen, an increase of 113 yen at one point. On the afternoon of the 6th, the company announced that it had signed a business partnership agreement with HOBE ENERGY (HOBE Corporation, Bunkyo-ku, Tokyo) and Fantastic Four No. 1 LLC regarding the newly launched system storage battery business, which was viewed as significant news. HOBE Corporation offers advanced storage battery solutions including Lithium Battery and Sodium Battery, as well as solar and wind energy solutions.
BOJ Seeks More Rate Hikes but Not in Rush, Deputy Governor Says -- 2nd Update
Stocks that moved or were traded in the first half of the session.
*DMG Mori Seiki <6141> 3040 +370, due to Germany's defense spending increase policy and the strong Euro. *High-Pressure Gas Industry <4097> 832 +93, buyback leads after the announcement of the cancellation of stock sales. *Uchida Yoko <8057> 7640 +800, forecasts for the entire fiscal year revised upwards with a rapid recovery in the second quarter's earnings. *Socionext <6526> 2132 +140, some semiconductor-related stocks are up due to the rebound in the SOX Index. *Marumae <6264> 1518 +100, due to the resolution of excess inventory of consumables.