--- title: "Astmax sells Komoro grid-scale battery project rights, land to Hulic affiliate, expects 650 million yen operating profit" type: "News" locale: "en" url: "https://longbridge.com/en/news/293009400.md" description: "Astmax agreed to sell rights and land for its Komoro grid-scale battery project in Nagano to a Hulic affiliate. The transaction includes 5,286 square meters of land, with closing set for July 24. Astmax expects an operating profit of approximately 650 million yen from the deal in the first half of fiscal 2027. The project involves a 42 MW, 171 MWh lithium-ion facility targeted for operation by December 2027." datetime: "2026-07-17T08:49:20.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/293009400.md) - [en](https://longbridge.com/en/news/293009400.md) - [zh-HK](https://longbridge.com/zh-HK/news/293009400.md) generator: "portal-rs" --- # Astmax sells Komoro grid-scale battery project rights, land to Hulic affiliate, expects 650 million yen operating profit - Astmax agreed to sell rights tied to its Komoro grid-scale battery project in Nagano, Japan, to Hulic. \* Deal includes transfer of 5,286 sq. meters of project land; consideration was not disclosed. \* Astmax expects about 650 million in operating profit in the first half of fiscal 2027 from the transaction. \* Closing is set for July 24. \* Project plan calls for a 42 MW, 171 MWh lithium-ion facility targeted to start operations in December 2027. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Astmax Co. Ltd. published the original content used to generate this news brief on July 17, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here ### Related Stocks - [3003.JP](https://longbridge.com/en/quote/3003.JP.md) ## Related News & Research - [Hulic invests with Hillhouse-backed Logicap in three Delhi-area logistics warehouses in India](https://longbridge.com/en/news/295756424.md) - [Hulic invests in Singapore business park assets at 7 and 9 Changi Business Park Crescent](https://longbridge.com/en/news/294923273.md) - [Smart Energy Circular wins aggregation mandate for 2 MW/8 MWh Hyogo Asago battery site](https://longbridge.com/en/news/296041200.md) - [VIMAB: Strong Q2 revenue growth and new battery contracts signal improving performance](https://longbridge.com/en/news/296577862.md) - [Suntrade enters execution phase on Grythyttan, Hulån battery storage projects worth SEK 8.5 million](https://longbridge.com/en/news/296311671.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**