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Business alliance1964Chugai Ro Co.,Ltd.Construction and Materials

Entered into a memorandum of understanding with South Korea-based Ineeji Co., Ltd. toward a business partnership

Chugai Ro Co., Ltd. signed a memorandum of understanding with South Korea-based Ineeji to jointly develop next-generation smart furnaces using industrial AI and expand them overseas. Going forward, the companies will consider technical cooperation, demonstration testing, and joint development toward commercialization.

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Agreements reached under this partnership

Business alliance
1964Chugai Ro Co.,Ltd.
Alliance partner株式会社Ineeji
Details of the alliance
  1. 1

    Further energy savings

  2. 2

    Stabilization of product quality and improvement in yield

  3. 3

    Improved productivity through the standardization and automation of operations

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

About the partner
Business DescriptionProvides industrial AI solutions
LocationSeongnam, Gyeonggi-do, South Korea
Impact on Business Performance

The impact of this matter on the Company's consolidated results will be minor.

Contract Date8 July 2026
Agreements reached under this partnership
ItemDetails
Name of alliance partner株式会社Ineeji
Alliance partner's business activitiesProvides industrial AI solutions
Alliance partner's locationSeongnam, Gyeonggi-do, South Korea
Type of allianceBusiness alliance
Details of the allianceFurther energy savings, Stabilization of product quality and improvement in yield, Improved productivity through the standardization and automation of operations
Contract Date8 July 2026
Impact on Business PerformanceThe impact of this matter on the Company's consolidated results will be minor.
Items this document does not state (16)
Alliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionAlliance start dateShare Acquisition Date and Payment DateChange in major shareholders

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The objective is to combine Chugai Ro Co., Ltd.'s equipment technologies, including heating and annealing furnaces, with Ineeji's industry-specific AI technologies to improve energy efficiency, stabilize product quality, and standardize and automate operations.

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Entered into a memorandum of understanding with South Korea-based Ineeji Co., Ltd. toward a business partnership | Chugai Ro Co.,Ltd. (1964) timely disclosure | Komori