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RENOVA Delays Restart of Biomass Power Plant with Minimal Financial Impact

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RENOVA Delays Restart of Biomass Power Plant with Minimal Financial Impact

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RENOVA ( (JP:9519) ) just unveiled an announcement.

RENOVA has announced a delay in the restart of its Omaezakikou Biomass Power Plant to October 2025 due to material delivery delays. Despite this, the impact on the company’s financial results for the fiscal year ending March 31, 2026, is expected to be minor, thanks to completed maintenance work, a buffer for unscheduled suspensions, lower fuel costs, and additional revenue from storage battery businesses.

The most recent analyst rating on (JP:9519) stock is a Hold with a Yen937.00 price target. To see the full list of analyst forecasts on RENOVA stock, see the JP:9519 Stock Forecast page.

More about RENOVA

RENOVA, Inc. operates in the renewable energy industry, focusing on the development and management of power generation facilities, particularly biomass power plants. The company is listed on the Tokyo Stock Exchange and is led by its founder, Yosuke Kiminami.

YTD Price Performance: 27.68%

Average Trading Volume: 905,243

Technical Sentiment Signal: Hold

Current Market Cap: Yen89.64B

See more data about 9519 stock on TipRanks’ Stock Analysis page.

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