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RENOVA ( (JP:9519) ) has provided an update.
RENOVA, Inc. announced the resumption of operations at its Omaezakikou Biomass Power Plant following extensive inspection and repair work. The plant’s maintenance, initially scheduled for January 2026, has been deemed unnecessary due to the recent repairs. Despite the temporary suspension affecting revenue, the financial impact for the fiscal year ending March 31, 2026, is expected to be minor, thanks to completed maintenance, a buffer for unscheduled suspensions, lower fuel prices, and additional business development fees.
The most recent analyst rating on (JP:9519) stock is a Hold with a Yen959.00 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 primarily on biomass power generation. The company is listed on the Tokyo Stock Exchange and is involved in various energy projects, including biomass and storage battery businesses.
Average Trading Volume: 970,622
Technical Sentiment Signal: Hold
Current Market Cap: Yen79.56B
Learn more about 9519 stock on TipRanks’ Stock Analysis page.