Komori
Business Alliances5016JX Advanced Metals CorporationIron and Steel, Nonferrous Metals

Notice regarding the capital and business alliance with OXIDE Corporation and subscription to a third-party allotment of shares

JX金属 has entered into a capital and business alliance agreement with OXIDE Corporation and will subscribe to the third-party allotment of shares conducted by OXIDE Corporation. JX金属 will acquire shares in OXIDE Corporation and cooperate on the development of technologies and business operations involving crystal materials, optical single crystals and lasers.

Worth reading
73In focus
Scored from 4 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
2748
¥ million
Wording
Conditional
How definitive the wording is.

Agreements reached under this partnership

Capital and Business Alliance
5016JX Advanced Metals Corporation
Alliance partnerOXIDE Corporation
Details of the alliance
  1. 1

    The companies will share expertise in the mass-production technologies and manufacturing processes for crystal materials, while supporting the strengthening of OXIDE Corporation's mass-production capabilities and leveraging our global customer base to expand business operations.

  2. 2

    The companies will draw on their respective technologies and expertise in crystal materials, lasers and optical devices to pursue the creation of medium- to long-term business opportunities in fields including optical communications, optoelectronic convergence, semiconductors and healthcare.

  3. 3

    The companies aim to create new materials, products and businesses in quantum-related fields, including quantum communications and quantum computing, which are expected to form part of the information and communications infrastructure of the future.

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).

7.12%Our ownership stake in the partner’s shares
Number of shares acquiredShares equivalent to 7.66% of the issued shares
Acquisition price¥2,748 million
About the partner
Business DescriptionDevelopment, manufacture and sale of lasers and optical single crystals for semiconductor inspection equipment, scintillator single crystals for medical PET imaging, and laser light sources and optical components for academic and industrial applications
LocationHokuto City, Yamanashi Prefecture
Share capital¥3,413 million
Net Sales¥10,040.393 million (fiscal year ended February 2026)
Operating profit¥542.745 million (fiscal year ended February 2026)
Impact on Business Performance

The impact of this matter on consolidated results for the fiscal year ending March 2027 is immaterial.

Contract Date9 November 2026Share Acquisition Date and Payment Date25 November 2026 (scheduled)
Agreements reached under this partnership
ItemDetails
Name of alliance partnerOXIDE Corporation
Alliance partner's business activitiesDevelopment, manufacture and sale of lasers and optical single crystals for semiconductor inspection equipment, scintillator single crystals for medical PET imaging, and laser light sources and optical components for academic and industrial applications
Alliance partner's locationHokuto City, Yamanashi Prefecture
Alliance partner's capital¥3,413 million
Alliance partner's net sales¥10,040.393 million (fiscal year ended February 2026)
Alliance partner's operating income¥542.745 million (fiscal year ended February 2026)
Type of allianceCapital and Business Alliance
Details of the allianceThe companies will share expertise in the mass-production technologies and manufacturing processes for crystal materials, while supporting the strengthening of OXIDE Corporation's mass-production capabilities and leveraging our global customer base to expand business operations., The companies will draw on their respective technologies and expertise in crystal materials, lasers and optical devices to pursue the creation of medium- to long-term business opportunities in fields including optical communications, optoelectronic convergence, semiconductors and healthcare., The companies aim to create new materials, products and businesses in quantum-related fields, including quantum communications and quantum computing, which are expected to form part of the information and communications infrastructure of the future.
Number of shares acquiredShares equivalent to 7.66% of the issued shares
Acquisition price¥2,748 million
Shareholding ratioNot disclosed → 7.12%
Contract Date9 November 2026
Share Acquisition Date and Payment Date25 November 2026 (scheduled)
Impact on Business PerformanceThe impact of this matter on consolidated results for the fiscal year ending March 2027 is immaterial.
Items this document does not state (9)
Overview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionAlliance start 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 alliance will combine JX金属's materials development and mass-production technologies, thin-film materials technologies and global customer base with OXIDE Corporation's crystal-growth technologies for optical single crystals, wavelength-conversion and laser technologies, and optical device technologies, thereby mutually complementing the companies' materials and technology portfolios. The companies will accelerate technology development and commercialization by sharing expertise in mass-production technologies and manufacturing processes, supporting the strengthening of OXIDE Corporation's mass-production capabilities, and leveraging the global customer base.

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