Decision and Details
Ministry of Economy, Trade and IndustryGrant award decision under the Large-Scale Growth Investment Subsidy for labor-saving measures and other initiatives aimed at raising wages at mid-sized, small and medium-sized, and startup companies
The project was selected for a subsidy for construction of the new plant, and the company received the grant award notification
The impact of this matter on consolidated results for the current fiscal year is immaterial
| Item | Details |
|---|---|
| Matter Covered | Grant award decision under the Large-Scale Growth Investment Subsidy for labor-saving measures and other initiatives aimed at raising wages at mid-sized, small and medium-sized, and startup companies |
| Decision-Making Body | Ministry of Economy, Trade and Industry |
| Decision Date | 29 September 2026 (disclosed as the date the grant award notification was received) |
| Implementation Date | The new plant is scheduled to commence operations in the fiscal year ending March 2029 |
| Period Covered | The 3-year period from the fiscal year ending March 2029 through the fiscal year ending March 2032 (target period for the wage increase) |
| Amount | Investment scale: approximately ¥14 billion (planned); maximum grant amount: ¥2.127 billion (subsidy rate: 1/4) |
| Quantity / scale | Target average annual wage increase of 7.6%; total salary paid per eligible employee |
| Impact on Business Performance | The impact of this matter on consolidated results for the current fiscal year is immaterial |
| Reason | The project was selected for a subsidy for construction of the new plant, and the company received the grant award notification |
| Related previous disclosures | 30 April 2026, “Notice Regarding the Acquisition of Fixed Assets”; 6 August 2026, “Notice Regarding Additional Capital Investment (Acquisition of Fixed Assets) to Increase Production Capacity” |
| Future plans | The new plant is scheduled to commence operations in the fiscal year ending March 2029. An inspection will be conducted after completion of the subsidized project, and the actual grant amount may then be determined. If an event affecting results occurs, the company will disclose it promptly. |
Items this document does not state (1)
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 project was selected for a subsidy implemented by the Ministry of Economy, Trade and Industry for construction of the new plant, and the company received the grant award notification.