Notice Regarding the Construction of a New Solar Cell Plant in the United States by Our Consolidated Subsidiary | Abalance Corporation (3856) timely disclosure

Worth reading

27Immaterial

Scored from 4 of 5 sections

Direction

Improvement

Direction inferred from the company’s description.

Scale

357

US$357 million (approximately ¥57.1 billion)

Wording

Conditional

How definitive the wording is.

This transaction

Construction of a New U.S. Solar Cell Factory

Date of board resolution8 June 2026

Target company

Manufacture and sale of solar cells

Location Texas, USA

Consideration and expenses

Acquisition priceUS$357 million (approximately ¥57.1 billion) (investment amount)

Funding arrangementsThe Company is considering using internal funds and other financing methods.

Impact on Business Performance

The impact of this matter on consolidated financial results for the fiscal year ending March 2026 is expected to be minor. If circumstances arise that require disclosure, the Company will make a timely disclosure.

Procedures and assumptions

Management structure after acquisitionNumber of employees: approximately 400 (planned). The corporate name, representative, and treatment of employees: Not disclosed

This transaction
Item	Details
Transaction name	Construction of a New U.S. Solar Cell Factory
Business Description of the Subject Company	Manufacture and sale of solar cells
Location of the Subject Company	Texas, USA
Acquisition price	US$357 million (approximately ¥57.1 billion) (investment amount)
Funding arrangements	The Company is considering using internal funds and other financing methods.
Impact on Business Performance	The impact of this matter on consolidated financial results for the fiscal year ending March 2026 is expected to be minor. If circumstances arise that require disclosure, the Company will make a timely disclosure.
Date of board resolution	8 June 2026
Management structure after acquisition	Number of employees: approximately 400 (planned). The corporate name, representative, and treatment of employees: Not disclosed

Items this document does not state (24)

Counterparty nameName of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageGoodwill amountAmount of extraordinary income (loss)Contract DateExecution Date / Effective DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution

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 purpose is to expand the solar panel and solar cell businesses toward the realization of a global decarbonized society, while strengthening the resilience and competitiveness of the global supply chain in consideration of geopolitical risks. The new U.S. factory is expected to shorten manufacturing lead times, reduce logistics costs, utilize subsidies available in the United States, and expand sales in the U.S. market.

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.