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Business alliance5214Nippon Electric Glass Co.,Ltd.Construction and Materials

Notice Regarding the Strategic Business and Capital Alliance with YOKOWO CO.,LTD.

日本電気硝子 and YOKOWO CO.,LTD. will collaborate on the joint development and commercialization of semiconductor and optoelectronic fusion devices, as well as 5G and 6G antennas. In addition, the two companies acquired shares in each other, further strengthening their relationship from a capital perspective.

Worth reading
71In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
5
¥100 million (maximum)
Wording
Definitive
How definitive the wording is.

Agreements reached under this partnership

Capital and Business Alliance
5214Nippon Electric Glass Co.,Ltd.
Alliance partnerYOKOWO CO.,LTD.
Details of the alliance
  1. 1

    The joint development and commercialization of technologies or products using LTCC substrates and glass interposers for inspection substrates, evaluation substrates, inspection jigs and other applications related to semiconductor and optoelectronic fusion devices

  2. 2

    The joint development and commercialization of antennas for 5G and 6G and related technologies

  3. 3

    Other businesses agreed upon by the two companies

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 priceBoth parties will acquire shares in each other for up to ¥500 million
Ownership ratio日本電気硝子 70%; YOKOWO CO.,LTD. 30% (LTCCマテリアルズ株式会社)
Overview of the joint ventureName LTCCマテリアルズ株式会社 / Location Not disclosed / Business Description LTCC business / Capital Contributions Not disclosed / Ownership ratio 日本電気硝子 70%; YOKOWO CO.,LTD. 30%
About the partner
LocationChiyoda-ku, Tokyo
Share capital¥7.8 billion (as of the end of March 2026)
Alliance start date1 April 2026
Agreements reached under this partnership
ItemDetails
Name of alliance partnerYOKOWO CO.,LTD.
Alliance partner's locationChiyoda-ku, Tokyo
Alliance partner's capital¥7.8 billion (as of the end of March 2026)
Type of allianceCapital and Business Alliance
Details of the allianceThe joint development and commercialization of technologies or products using LTCC substrates and glass interposers for inspection substrates, evaluation substrates, inspection jigs and other applications related to semiconductor and optoelectronic fusion devices, The joint development and commercialization of antennas for 5G and 6G and related technologies, Other businesses agreed upon by the two companies
Acquisition priceBoth parties will acquire shares in each other for up to ¥500 million
Overview of the joint ventureName LTCCマテリアルズ株式会社 / Location Not disclosed / Business Description LTCC business / Capital Contributions Not disclosed / Ownership ratio 日本電気硝子 70%; YOKOWO CO.,LTD. 30%
Ownership ratio日本電気硝子 70%; YOKOWO CO.,LTD. 30% (LTCCマテリアルズ株式会社)
Alliance start date1 April 2026
Items this document does not state (14)
Alliance partner's business activitiesAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredShareholding ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionContract DateShare Acquisition Date and Payment DateImpact on Business PerformanceChange 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.

To accelerate the development of new products and technologies, primarily in the semiconductor and information and communications fields, by further strengthening collaboration between the two companies. In addition, to combine the technologies of the two companies in order to develop high-value-added products, expand their businesses, and strengthen their competitiveness in growth areas.

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Notice Regarding the Strategic Business and Capital Alliance with YOKOWO CO.,LTD. | Nippon Electric Glass Co.,Ltd. (5214) timely disclosure | Komori