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Ichigo’s April Renewables Output Falls on Weather and Grid Constraints

Story Highlights
  • Ichigo and Ichigo Green’s April 2026 renewable output fell 14.3% year on year to about 20.2 million kWh amid heavy rainfall, reduced daylight and more frequent renewable purchase suspensions.
  • Despite April’s weakness, Ichigo reported April CO2 reductions of roughly 8.69 million kilograms and noted FY26/2 power output grew 2.6%, underscoring steady long-term expansion of its renewable portfolio.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ichigo’s April Renewables Output Falls on Weather and Grid Constraints

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Ichigo ( (JP:2337) ) has provided an announcement.

Ichigo reported that in April 2026 its combined solar and wind output with Ichigo Green totaled 20,200,465 kWh, representing a 14.3% year-on-year decline from the prior-year period’s strong performance. The drop was attributed to heavy rainfall along the Pacific coast of western and eastern Japan, fewer productive daylight hours in western Japan, and more frequent suspensions of renewable energy purchases.

Despite the weaker April figure, Ichigo highlighted its ongoing role in cutting carbon emissions, with April generation translating into an estimated 8.69 million kg of CO2 reductions based on government emission factors. The company also provided full-year FY26/2 reference data showing modest 2.6% annual growth in power output, indicating that while monthly performance can be volatile due to weather and grid constraints, its broader renewable portfolio continues to expand its environmental contribution.

The most recent analyst rating on (JP:2337) stock is a Sell with a Yen420.00 price target. To see the full list of analyst forecasts on Ichigo stock, see the JP:2337 Stock Forecast page.

More about Ichigo

Ichigo Inc., listed on the Tokyo Stock Exchange Prime, operates solar and wind power plants and manages additional renewable assets via Ichigo Green Infrastructure Investment Corporation, focusing on sustainable power generation and CO2 reduction in Japan. The group discloses real-time production and emissions data, underscoring its positioning as a transparency-focused player in the renewable energy sector.

Average Trading Volume: 1,143,103

Technical Sentiment Signal: Buy

Current Market Cap: Yen217.1B

For detailed information about 2337 stock, go to TipRanks’ Stock Analysis page.

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