ASULINA Co.,Ltd. (3647) Stock Price

G3 Holdings Inc. is a holding company that manages its subsidiaries while operating businesses in renewable energy, emergency power generators, and health and beauty products. The company operates solar power plants and sells electricity, purchases and resells power generation equipment, plans and sells emergency generators, and sells health foods and basic cosmetics.

Its primary customers include electric power companies that purchase electricity, companies and public facilities requiring power generation equipment, and consumers. The company generates revenue through electricity sales, buying and selling power plants, selling equipment and materials, and selling products through its subsidiaries.

The business is divided into three main segments. The renewable energy business handles solar power electricity sales, buying and selling power plants, and managing related equipment. The new energy business focuses on planning, developing, and selling emergency generators powered by LPG and city gas engines. The sustainable business sells health foods and basic cosmetics, and is also working on manufacturing and selling rapeseed-derived biofuel and cosmetic raw materials.

The company has adopted a growth strategy centered on renewable energy, aiming to contribute to a decarbonized society while expanding its business sustainably. Leveraging the government's 7th Energy Basic Plan and its policy to reduce greenhouse gas emissions by 73% by fiscal 2040, the company prioritizes increasing its volume of renewable energy development, generation, and sales across solar, wind, and hydropower. Specifically, it will strengthen its revenue base through electricity sales from power plant acquisition and operation, power plant transactions, and the purchase and resale of related equipment. The company will disclose future earnings forecasts once reasonable calculations become possible.

Key investment areas include renewable energy business centered on solar power, as well as large-scale battery storage systems directly connected to the grid and portable battery purchase-and-resale operations—sectors directly supporting stable power supply. Leveraging its accumulated expertise in power plant operations, the company differentiates itself by combining land utilization proposals around power plants with intermediary services developed in partnership with local communities. To meet demand for lower initial investment, the company is also exploring new business models, such as arrangements where third parties own power plants and purchase electricity under long-term contracts with offtakers.

The company actively pursues new market development and business expansion, advancing grid-scale battery storage, emergency power generators, and integrated sustainable business initiatives. It is evaluating emergency power generators fueled by LPG and city gas, which face growing demand for disaster preparedness, and plans to expand portable power sales to address corporate business continuity planning (BCP) needs. Following its cosmetic ingredient subsidiary's acquisition of manufacturing and sales licenses, the company will invest in new sustainable businesses—including health food and skincare product launches and rapeseed-derived biofuel operations—with an eye toward international expansion. On the funding side, the company is diversifying financing methods and advancing business partnerships to expand its business portfolio.

In technology innovation, the company focuses on solving practical challenges including grid stabilization technology to manage power supply-demand fluctuations, battery storage operational expertise, and disposal methods for used solar panels. Specific initiatives include providing grid adjustment services through grid-scale battery storage, developing products and services that reduce, capture, and reuse carbon dioxide emissions, and strengthening supply chains through in-house production of cosmetic ingredients. Additionally, the company positions enhanced digital skills for employees and strengthened compliance systems as foundations for technology development, pursuing sustainable growth through organizationally driven innovation.