Full repayment of debt under the business revitalization ADR rehabilitation plan and conclusion of the business revitalization ADR proceedings
KURAMOTO CO.,LTD. (the Group)
The launch of new businesses created new funding needs as the Company moved from the rehabilitation phase toward the renewed growth phase. The funds used to repay the ADR debt were raised through the issuance of new shares by way of a third-party allotment.
Quarterly net loss attributable to owners of the parent: ¥143 million. ADR debt repaid ahead of schedule: ¥112 million (profit or loss classification: Not disclosed)
First quarter of the fiscal year ending December 2026 (1 January 2026 to 31 March 2026). The ADR debt was repaid ahead of schedule on 13 April 2026, and this was disclosed as a significant subsequent event.
At present, many uncertain factors may affect performance, making it difficult to provide full-year consolidated performance forecasts in numerical terms. The Company will disclose forecasts once they can be reasonably projected.
Related procedures
Business revitalization ADR proceedings (specified certified dispute resolution proceedings under the Industrial Competitiveness Enhancement Act)
The Company will further improve its financial foundation through the third-party allotment, strengthen its sales capabilities, acquire new customers, enhance its technological capabilities, build new businesses, reduce costs across the Group, including raw material and electricity costs, establish a PDCA cycle, review the operation of its personnel systems, and strengthen plan monitoring and project management.
The Company will disclose consolidated performance forecasts once they can be reasonably projected.
| Item | Details |
|---|---|
| Event name | Full repayment of debt under the business revitalization ADR rehabilitation plan and conclusion of the business revitalization ADR proceedings |
| Date of occurrence | 13 April 2026 (date of early repayment of ADR debt; the business revitalization ADR proceedings concluded on this date) |
| Subject Entity | KURAMOTO CO.,LTD. (the Group) |
| Cause | The launch of new businesses created new funding needs as the Company moved from the rehabilitation phase toward the renewed growth phase. The funds used to repay the ADR debt were raised through the issuance of new shares by way of a third-party allotment. |
| Amount of Impact on Business Performance | Quarterly net loss attributable to owners of the parent: ¥143 million. ADR debt repaid ahead of schedule: ¥112 million (profit or loss classification: Not disclosed) |
| Accounting period in which recognized | First quarter of the fiscal year ending December 2026 (1 January 2026 to 31 March 2026). The ADR debt was repaid ahead of schedule on 13 April 2026, and this was disclosed as a significant subsequent event. |
| Impact on Earnings Forecast | At present, many uncertain factors may affect performance, making it difficult to provide full-year consolidated performance forecasts in numerical terms. The Company will disclose forecasts once they can be reasonably projected. |
| Type of litigation or proceeding | Business revitalization ADR proceedings (specified certified dispute resolution proceedings under the Industrial Competitiveness Enhancement Act) |
| Date of filing / date of action | 13 April 2026 (date of early repayment and conclusion of the proceedings). The application to commence the business revitalization ADR proceedings was filed in December 2019. |
| Outlook | The Company will further improve its financial foundation through the third-party allotment, strengthen its sales capabilities, acquire new customers, enhance its technological capabilities, build new businesses, reduce costs across the Group, including raw material and electricity costs, establish a PDCA cycle, review the operation of its personnel systems, and strengthen plan monitoring and project management. |
| Planned follow-up disclosure | The Company will disclose consolidated performance forecasts once they can be reasonably projected. |
Items this document does not state (14)
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.No specific reasons for the deterioration in performance have been disclosed. The Company states that many uncertain factors may affect performance, making it difficult to provide full-year performance forecasts in numerical terms. The source of funds for repaying the ADR debt was the proceeds from the issuance of new shares, for which payment was completed on 1 April 2026.