Postponement of construction (start of construction) of the Ibaraki Plant (provisional name)
EBARA Foods Industry,Inc.
Ibaraki Plant (provisional name)
Because the business environment has changed significantly since the original plan was prepared, with construction material and equipment prices and construction costs continuing to rise.
The impact on the consolidated earnings forecast for the fiscal year ending March 2027 (fiscal 2026) is immaterial.
Company response
No change to the suspension of operations at the Gunma Plant.
The specific timing for resuming the plant construction plan will be determined based on future developments.
| Item | Details |
|---|---|
| Event name | Postponement of construction (start of construction) of the Ibaraki Plant (provisional name) |
| Date of occurrence | 14 October 2026 (the date the Board of Directors decided to postpone the project) |
| Subject Entity | EBARA Foods Industry,Inc. |
| Target Locations / Products | Ibaraki Plant (provisional name) |
| Cause | Because the business environment has changed significantly since the original plan was prepared, with construction material and equipment prices and construction costs continuing to rise. |
| Impact on Earnings Forecast | The impact on the consolidated earnings forecast for the fiscal year ending March 2027 (fiscal 2026) is immaterial. |
| Suspended operations | No change to the suspension of operations at the Gunma Plant. |
| Outlook | The specific timing for resuming the plant construction plan will be determined based on future developments. |
Items this document does not state (17)
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.This is because the business environment has changed significantly since the original plan was prepared, with construction material prices, equipment prices and construction costs continuing to rise.