Komori
Business alliance3777Environment Friendly Holdings Corp.Information and Communications, Services and Others

(Progress Update on Disclosed Matter) Notice Regarding the Results of Joint Research with Kyushu Institute of Technology and Future Business Development

The joint research with Kyushu Institute of Technology on perovskite solar cells has ended upon expiration of the contract term and will not be renewed. The research confirmed the use of lead-free materials, improvements in power conversion efficiency, and a low-temperature manufacturing process. Going forward, validation toward commercialization and mass production will proceed.

Worth reading
55In focus
Scored from 4 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
15
% (improvement in power conversion efficiency)
Wording
Avoiding a definitive answer
How definitive the wording is.

Agreements reached under this partnership

Business alliance
3777Environment Friendly Holdings Corp.
Alliance partnerNational University Corporation Kyushu Institute of Technology
Details of the alliance
  1. 1

    Structural optimization of perovskite materials and exploration of new compositions

  2. 2

    Research on improving efficiency

  3. 3

    Development of a low-temperature process to reduce manufacturing costs

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

Numerical targets under the alliance

15% improvement in power conversion efficiency versus conventional devices

Impact on Business Performance

The impact on the Company's consolidated financial results for the fiscal year ending December 2026 is expected to be minor.

Contract DateThe disclosure states that the joint research agreement was announced as having been concluded on 2 July 2025, but the contract execution date itself is Not disclosedAlliance start dateJuly 2025 (start of the joint research)Contract PeriodFrom July 2025 to 30 June 2026. The agreement will terminate upon expiration of the contract term and will not be renewed.
Agreements reached under this partnership
ItemDetails
Name of alliance partnerNational University Corporation Kyushu Institute of Technology
Type of allianceBusiness alliance
Details of the allianceStructural optimization of perovskite materials and exploration of new compositions, Research on improving efficiency, Development of a low-temperature process to reduce manufacturing costs
Contract PeriodFrom July 2025 to 30 June 2026. The agreement will terminate upon expiration of the contract term and will not be renewed.
Numerical targets under the alliance15% improvement in power conversion efficiency versus conventional devices
Contract DateThe disclosure states that the joint research agreement was announced as having been concluded on 2 July 2025, but the contract execution date itself is Not disclosed
Alliance start dateJuly 2025 (start of the joint research)
Impact on Business PerformanceThe impact on the Company's consolidated financial results for the fiscal year ending December 2026 is expected to be minor.
Items this document does not state (15)
Alliance partner's business activitiesAlliance partner's locationAlliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersShareholding PolicyDate of board resolutionShare 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 research will end upon expiration of the contract term, marking the completion of the prescribed research period, while the results obtained will be used in the future commercialization and mass production of perovskite solar cells.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
(Progress Update on Disclosed Matter) Notice Regarding the Results of Joint Research with Kyushu Institute of Technology and Future Business Development | Environment Friendly Holdings Corp. (3777) timely disclosure | Komori