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TESS Holdings Co., Ltd. ( (JP:5074) ) has issued an announcement.
TESS Holdings Co., Ltd.’s subsidiary, TESS Engineering Co., Ltd., has secured a significant order for the EPC of power storage plants for power grids, valued at approximately 13 billion yen. This order is part of TESS’s strategic focus on power-storage systems and aligns with its business alliance with Daiwa Energy & Infrastructure Co. Ltd. The financial impact of this order on TESS’s results is expected to be minimal initially, with income recognized over several fiscal years.
The most recent analyst rating on (JP:5074) stock is a Hold with a Yen409.00 price target. To see the full list of analyst forecasts on TESS Holdings Co., Ltd. stock, see the JP:5074 Stock Forecast page.
More about TESS Holdings Co., Ltd.
TESS Holdings Co., Ltd. operates in the energy sector, focusing on renewable energy, energy efficiency, and intelligent energy infrastructure. The company provides comprehensive solutions through its Engineering Segment, which offers EPC services for energy plants, and its Energy Supply Segment, which manages renewable energy power plants and electricity retailing.
Average Trading Volume: 772,061
Technical Sentiment Signal: Buy
Current Market Cap: Yen28.45B
Find detailed analytics on 5074 stock on TipRanks’ Stock Analysis page.