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RENOVA ( (JP:9519) ) has provided an update.
RENOVA, Inc. announced the temporary shutdown of its Omaezakikou Biomass Power Plant due to a malfunction in the boiler auxiliary equipment, with plans to resume operations by September 2025. Despite the expected decline in revenue from this incident, the financial impact for the fiscal year ending March 31, 2026, is projected to be minor due to existing buffers and additional business development fees.
The most recent analyst rating on (JP:9519) stock is a Hold with a Yen980.00 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 sector, focusing on the development and management of power plants, particularly biomass energy facilities. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its efforts in sustainable energy solutions.
Average Trading Volume: 681,868
Technical Sentiment Signal: Hold
Current Market Cap: Yen68.64B
Find detailed analytics on 9519 stock on TipRanks’ Stock Analysis page.