Tokyu Fudosan Holdings to reorganize renewables in FY2026, considers consolidation in FY2027 or later

January 7, 2026
Renewable Japan
Renewable Japan was acquired by Tokyu Fudosan Holdings’ subsidiary Tokyu Land in 2025. (Image: Renewable Japan)

Tokyu Fudosan Holdings will move its real estate unit Tokyu Land’s subsidiary Renewable Japan directly under the holding company effective April 1, 2026, as part of efforts to position renewable energy as a standalone business, the company announced on January 6, 2026.

The holding company said it will “aim to establish [renewable energy] as a new pillar of revenue alongside the Tokyu Fudosan Holdings’ real estate business, while gradually establishing an optimal structure.” Alongside its move from Tokyu Land Co. to the holding company, Renewable Japan will be renamed ReENE Energy to match its parent company’s renewable energy business branding.

According to the statement, Tokyu Fudosan Holdings is also considering integrating all of its existing renewable energy-related activities, which are currently spread across Tokyu Land and its subsidiaries ReENE (established in September 2021) and Renewable Japan, into a single unit in FY2027 or later.

Renewable Japan, a developer and IPP established in 2012, was publicly traded on the Tokyo Stock Exchange until March 2025, when it was delisted following its acquisition by Tokyu Land. As of the end of September 2025, the company owned over 350MW of solar power plants across all nine mainland TSO areas, as well as several 20kW micro wind turbines and a 965kW hydropower plant.

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