Recognition of non-operating expenses
KURAMOTO CO.,LTD. (the Company; Hanaizumi Plant)
Hanaizumi Plant; mass-production equipment for film-type perovskite solar cells
The mass-production structure has not been established due to insufficient funding.
¥10.753 million (costs related to idle fixed assets; non-operating expenses)
First quarter of the fiscal year ending December 2026
No disclosure has been made regarding the impact on the earnings forecast. The non-operating expenses are reflected in the financial results summary for the first quarter of the fiscal year ending December 2026 released today.
Company response
Operations at the Hanaizumi Plant have been idle since 11 October 2024.
| Item | Details |
|---|---|
| Event name | Recognition of non-operating expenses |
| Date of occurrence | 11 October 2024 (the date on which the Hanaizumi Plant became idle; the non-operating expenses were recognized in the first quarter of the fiscal year ending December 2026) |
| Subject Entity | KURAMOTO CO.,LTD. (the Company; Hanaizumi Plant) |
| Target Locations / Products | Hanaizumi Plant; mass-production equipment for film-type perovskite solar cells |
| Cause | The mass-production structure has not been established due to insufficient funding. |
| Amount of Impact on Business Performance | ¥10.753 million (costs related to idle fixed assets; non-operating expenses) |
| Accounting period in which recognized | First quarter of the fiscal year ending December 2026 |
| Impact on Earnings Forecast | No disclosure has been made regarding the impact on the earnings forecast. The non-operating expenses are reflected in the financial results summary for the first quarter of the fiscal year ending December 2026 released today. |
| Suspended operations | Operations at the Hanaizumi Plant have been idle since 11 October 2024. |
Items this document does not state (16)
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 company has been unable to establish a mass-production structure for film-type perovskite solar cells due to insufficient funding, leaving the Hanaizumi Plant idle. As a result, depreciation, fixed asset taxes, management expenses and other costs were incurred.