Komori
Statutory disclosure document3856Abalance CorporationElectrical Equipment and Precision Instruments

Notice Regarding the U.S. Department of Commerce’s Investigation into Exports Circumventing Trade Measures via Ethiopia and the Submission of an Opinion Letter by Consolidated Subsidiary TOYO

The U.S. Department of Commerce has formally initiated a country-wide investigation into the circumvention of tariffs on solar products through Ethiopia. Before the investigation began, consolidated subsidiary TOYO submitted an objection and factual information, as well as materials supporting an exclusion application for the detained cargo.

Worth reading
72In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
0.094
MW
Wording
Avoiding a definitive answer
How definitive the wording is.

Decision and Details

U.S. Department of Commerce

U.S. Department of Commerce investigation into solar product circumvention through Ethiopia and the submission of a written statement by consolidated subsidiary TOYO

Decision17 July 2026 (formal initiation of the circumvention investigation)
Implementation17 July 2026 (investigation initiated; actual date)
Going forwardCBP will review the materials supporting the exclusion application. TOYO will assert and defend its position in the proceedings and will promptly disclose any matters that arise requiring further disclosure.
AmountDetained solar cells: equivalent to US$13,770 (approximately ¥2.203 million)
Quantity / scaleTotal quantity of detained solar cells: approximately 0.094 MW; import declaration numbers: 8QH26007473, 8QH26007481
Reason

To determine whether solar products and other goods completed in Ethiopia using parts and components from China are circumventing existing U.S. antidumping and countervailing duty orders

Impact on Business Performance

The timing of CBP’s review is not indicated, and no amount of the impact on financial results has been disclosed.

Decision and Details
ItemDetails
Matter CoveredU.S. Department of Commerce investigation into solar product circumvention through Ethiopia and the submission of a written statement by consolidated subsidiary TOYO
Decision-Making BodyU.S. Department of Commerce
Decision Date17 July 2026 (formal initiation of the circumvention investigation)
Implementation Date17 July 2026 (investigation initiated; actual date)
AmountDetained solar cells: equivalent to US$13,770 (approximately ¥2.203 million)
Quantity / scaleTotal quantity of detained solar cells: approximately 0.094 MW; import declaration numbers: 8QH26007473, 8QH26007481
Impact on Business PerformanceThe timing of CBP’s review is not indicated, and no amount of the impact on financial results has been disclosed.
ReasonTo determine whether solar products and other goods completed in Ethiopia using parts and components from China are circumventing existing U.S. antidumping and countervailing duty orders
Governing RuleSection 781(b) of the Tariff Act of 1930; the Uyghur Forced Labor Prevention Act (UFLPA)
Related previous disclosures18 June 2026 disclosure, “Handling of Certain Shipments Related to Exports of Solar Products by a Subsidiary to the United States”
Future plansCBP will review the materials supporting the exclusion application. TOYO will assert and defend its position in the proceedings and will promptly disclose any matters that arise requiring further disclosure.
Items this document does not state (1)
Period Covered

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 U.S. Department of Commerce initiated the investigation to determine whether solar products and other goods completed in Ethiopia using parts and components from China are circumventing the U.S. antidumping and countervailing duty orders applicable to products from China. TOYO maintains that it has not manufactured or exported to the United States any products subject to the alleged circumvention.

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.
Notice Regarding the U.S. Department of Commerce’s Investigation into Exports Circumventing Trade Measures via Ethiopia and the Submission of an Opinion Letter by Consolidated Subsidiary TOYO | Abalance Corporation (3856) timely disclosure | Komori