Rigaku Holdings (268A) · RiskMitigated
Measures to Address Exemption Certification for Chinese Products Come to Light
First written in FY2024. 1 of 2 entries say "Mitigated", first in FY2025. Latest entry: FY2025.
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Provision related to measures for China’s product exemption certificationA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
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- FY2025MitigatedAnnual report
「The provision was reduced to ¥40 million in the fiscal year ended December 2025. In addition, we will mitigate the following risks relating to exemption certification by obtaining, for new instruments, exemption certification under the name of our Chinese local subsidiary rather than under the name of distributors.」
The provision for the Chinese product exemption certification response was reduced from ¥218 million to ¥40 million, while the Group continued measures including replacement by certified instruments and obtaining certification under the name of its Chinese local subsidiary. - FY2024First statedAnnual report
「The Company recognized a provision of ¥218 million for costs related to this response in the fiscal year ended December 2024.」
Regarding Chinese product exemption certification, the Group identified the possibility that redesigned products would not be covered by the certification and recognized a provision of ¥218 million in the fiscal year ended December 2024. It is proceeding with replacement by certified instruments and certification under the name of its local entity.