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Awa Paper & Technological Company (3896) · InitiativeSoftened

Doubling Production Capacity for RO-Membrane Supports through Construction of the New Komatsushima Plant

First written in FY2023-Q3. 4 of 9 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2026.

9entries
4years
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ProgressHeldSoftenedWorseFirst statedFY2023-Q3 – FY2023AdvancedFY2024-Q1 – FY20252023: 420232024: 220242025: 120252026: 22026
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Full recordFilings, disclosures and news, newest first
  1. FY2026SoftenedAnnual report

    「For the paper processing equipment, we changed the total planned investment from ¥1,000,000 thousand to ¥666,000 thousand following a review of the investment plan. We also changed the planned start date from April 2026 to December 2025 and the planned completion date from December 2026 to June 2027.」

    For the additional paper processing equipment at the New Komatsushima Plant, the planned investment was reduced from ¥1 billion to ¥666 million and the planned completion date was changed to June 2027. The plan to expand production capacity remains in place after the plant begins operations.
  2. 2026-04-13Cited as achievedRevisions to earnings forecasts

    「The New Komatsushima Plant, which began operations in March 2025, had been approved for a subsidy under the Tokushima Prefecture Business Location Subsidy Program (Program to Promote the Location of Environmental and Energy-Related Industries). The subsidy amount has now been finalized, and the company expects to recognize the ¥1.5 billion subsidy as extraordinary income in the fourth quarter of the fiscal year ending March 2026.」

    The subsidy amount associated with the launch of the New Komatsushima Plant was finalized, and the company indicated that it expects to recognize ¥1.5 billion as extraordinary income. No actual figure for the doubling of production capacity was provided.
  3. FY2025AchievedAnnual report

    「Under these circumstances, with the operation of the new Komatsushima Plant, completed in March 2025, we are working to strengthen the supply structure and improve production efficiency for nonwoven fabric used as separation-membrane support media.」

    Construction of the New Komatsushima Plant was completed and operations began in March 2025. Although the major milestone of completing plant construction has been achieved, this filing does not provide the actual figure for the production capacity increase.
  4. FY2025-H1AdvancedAnnual report

    「At the end of the interim consolidated accounting period, total assets were ¥22,802 million, an increase of ¥1,556 million from the end of the previous consolidated fiscal year. Construction in progress increased by ¥617 million mainly due to construction of the new plant, cash and deposits increased by ¥506 million, and raw materials and supplies increased by ¥364 million.」

    Construction in progress related to the New Komatsushima Plant increased by ¥617 million, indicating progress in construction of the plant aimed at doubling production capacity and improving productivity for RO membrane support substrates.
  5. FY2024AdvancedAnnual report

    「Construction in progress: construction related to the New Komatsushima Plant, ¥5,207,244 thousand」

    Construction costs incurred during the period for the New Komatsushima Plant totaled ¥5,207,244 thousand, increasing the balance of construction in progress to ¥5,400,637 thousand. The equipment plan continues with total investment of ¥11,000 million, scheduled completion in December 2024, and the doubling of production capacity and improvement of productivity.
  6. FY2024-Q2AdvancedAnnual report

    「With respect to the construction of our new Komatsushima Plant, we changed the planned investment amount from ¥9,000 million to ¥11,000 million due to specification changes to improve productivity and higher construction costs. Construction began as scheduled in August 2023.」

    Construction of the New Komatsushima Plant began as scheduled in August 2023. Due to specification changes to improve productivity and higher construction costs, the planned investment was increased from ¥9 billion to ¥11 billion. Construction in progress also increased from ¥195 million at the end of the previous fiscal year to ¥3,379 million.
  7. FY2024-Q1AdvancedAnnual report

    「Meanwhile, construction in progress increased by ¥791 million, mainly in connection with construction of the new plant, while merchandise and finished goods increased by ¥173 million.」

    Construction in progress related to construction of the New Komatsushima Plant increased by ¥791 million, reflecting progress in the plant construction plan in the company's financial position through asset recognition.
  8. FY2023RestatedAnnual report

    「New Komatsushima Plant (Komatsushima, Tokushima Prefecture); papermaking equipment; paper processing equipment; 9,000,000; borrowings; August 2023; December 2024; doubling production capacity and improving productivity for support substrates used in reverse osmosis membranes (RO membranes)」

    The equipment plan for the New Komatsushima Plant was reconfirmed: an investment of approximately ¥9 billion financed with borrowings, construction beginning in August 2023 and scheduled for completion in December 2024, and the doubling of production capacity and improvement of productivity.
  9. FY2023-Q3First statedAnnual report

    「At a meeting of the Board of Directors held on 17 January 2023, we resolved to construct a new plant on land owned by Nippon Paper Industries Co., Ltd. in Komatsushima, Tokushima Prefecture. As part of our efforts to achieve the SDGs, the new plant will manufacture support substrates for reverse osmosis membranes (RO membranes), which are used in seawater desalination and the production of pure water, with the aim of doubling production capacity and improving productivity to meet growing global demand for water. Construction is scheduled to begin in August 2023 and be completed in December 2024, with an investment of approximately ¥9 billion.」

    The Board of Directors resolved to construct the New Komatsushima Plant (provisional name). The plan is to manufacture RO membrane support substrates and other products, with the aim of doubling production capacity and improving productivity. The site covers approximately 21,000 m², construction was scheduled to begin in August 2023 and be completed in December 2024, and the investment was set at approximately ¥9 billion.
Moved together

"Expanding the Business Scope and Strengthening the Supply Structure for Water Treatment Materials" moved the same way as this thread, in the same document, in 4 of its 9 moves.

432222★123456
  1. ★This thread
  2. 1Expanding the Business Scope and Strengthening the Supply Structure for Water Treatment Materials4×
  3. 2Sales Concentration in Specific Customers and Credit Risk3×
  4. 3Dependence on Interest-Bearing Debt and Risks Related to Funding and Rising Interest Rates2×
  5. 4Developing New Markets and Expanding the Business Scope2×
  6. 5Developing Environmentally Friendly Functional Materials and Contributing to Water-Resource Conservation2×
  7. 6Creating a Workplace Where Diverse Talent Can Thrive and Promoting Women's Advancement2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Awa Paper & Technological Company yet. It last moved in the Revisions to earnings forecasts of 2026-04-13: "Cited as achieved".
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Doubling Production Capacity for RO-Membrane Supports through Construction of the New Komatsushima Plant | AWA PAPER & TECHNOLOGICAL COMPANY,Inc. (3896) | Komori