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Business alliance4240CLUSTER TECHNOLOGY CO.,LTD.Materials and Chemicals

Notice of Capital and Business Alliance between SEIKO EPSON CORPORATION (Securities Code: 6724) and CLUSTER TECHNOLOGY CO.,LTD. (Securities Code: 4240)

SEIKO EPSON CORPORATION entered into a capital and business alliance with CLUSTER TECHNOLOGY CO.,LTD. by subscribing to a third-party allotment of new shares by CLUSTER TECHNOLOGY CO.,LTD. and investing ¥300 million. The two companies will pursue the joint development of inkjet-related components and next-generation materials and establish a stable supply system.

Worth reading
67In focus
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
3
Hundreds of millions of yen
Wording
Conditional
How definitive the wording is.

Agreements reached under this partnership

Capital and Business Alliance
4240CLUSTER TECHNOLOGY CO.,LTD.
Alliance partnerCLUSTER TECHNOLOGY CO.,LTD.
Details of the alliance
  1. 1

    We will combine クラスターテクノロジー’s resin composite materials and molding and processing technologies with Epson’s inkjet technology and development capabilities to develop high-performance components, including components for inkjet print heads, and next-generation materials.

  2. 2

    The companies will use their respective manufacturing technologies and know-how to improve productivity and quality and strengthen the stable supply system.

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

Capital and personnel relationships

This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).

Acquisition price¥300 million
Change in major shareholdersChange in major shareholder and largest shareholder among the major shareholders (expected)
About the partner
Business DescriptionThe provision of precision components made from resin, using precision molding and customized materials technologies in the nano/microtechnology-related business, as well as resin insulating materials, electrical insulating structures for power distribution, resin-molded insulators and other products in the macrotechnology-related business
Contract Date9 October 2026
Agreements reached under this partnership
ItemDetails
Name of alliance partnerCLUSTER TECHNOLOGY CO.,LTD.
Alliance partner's business activitiesThe provision of precision components made from resin, using precision molding and customized materials technologies in the nano/microtechnology-related business, as well as resin insulating materials, electrical insulating structures for power distribution, resin-molded insulators and other products in the macrotechnology-related business
Type of allianceCapital and Business Alliance
Details of the allianceWe will combine クラスターテクノロジー’s resin composite materials and molding and processing technologies with Epson’s inkjet technology and development capabilities to develop high-performance components, including components for inkjet print heads, and next-generation materials., The companies will use their respective manufacturing technologies and know-how to improve productivity and quality and strengthen the stable supply system.
Acquisition price¥300 million
Contract Date9 October 2026
Change in major shareholdersChange in major shareholder and largest shareholder among the major shareholders (expected)
Items this document does not state (16)
Alliance partner's locationAlliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionAlliance start dateShare Acquisition Date and Payment DateImpact on Business Performance

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.

To combine the two companies’ technologies and expertise with their manufacturing technologies, thereby advancing inkjet technology, expanding into new applications, improving productivity and quality, and strengthening the stable supply system.

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 of Capital and Business Alliance between SEIKO EPSON CORPORATION (Securities Code: 6724) and CLUSTER TECHNOLOGY CO.,LTD. (Securities Code: 4240) | CLUSTER TECHNOLOGY CO.,LTD. (4240) timely disclosure | Komori