Komori
Business alliance5216KURAMOTO CO.,LTD.Construction and Materials

Notice of the signing of a memorandum of understanding (MOU) on strategic cooperation with Chongqing Jinjing Special Glass Co., Ltd.

倉元製作所 has entered into a 2-year strategic cooperation MOU with Aureavia Hi-tech Glass Co., Ltd. (ATG) to optimize the performance of specialty glass substrates, pursue joint development, supply products, develop markets and undertake other activities. The partnership does not involve an acquisition of shares or an equity investment, and specific transaction terms and the investment amount will be determined in individual agreements going forward.

Worth reading
48Recurring
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
—
Displayed only when the document provides numerical figures.
Wording
Avoiding a definitive answer
How definitive the wording is.

Agreements reached under this partnership

Business alliance
5216KURAMOTO CO.,LTD.
Alliance partnerAureavia Hi-tech Glass Co., Ltd.
Details of the alliance
  1. 1

    Optimization of specialty glass substrate performance

  2. 2

    Adaptation to 倉元製作所's processing processes

  3. 3

    Joint development of specialty glass products

  4. 4

    Improvement of processing yields

  5. 5

    Cooperation in product supply and demand

  6. 6

    Supply chain collaboration

  7. 7

    Market Development

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

About the partner
Business DescriptionResearch and development, production and sale of specialty glass materials. Its products include high-aluminosilicate glass, lithium-aluminosilicate glass, nanocrystalline glass, ultra-thin flexible glass, radiation-resistant glass and semiconductor glass.
LocationNo. 78 Yunwu Road, Liangjiang New Area, Chongqing, China
Share capitalRMB 1,208,716,806 (¥28,622 million at the converted amount; exchange rate: RMB 1 = ¥23.68)
Impact on Business Performance

The impact of this matter on 倉元製作所's consolidated results for the fiscal year ending December 2026 is expected to be immaterial.

Date of board resolution31 August 2026Contract Date31 August 2026Alliance start date31 August 2026 (the date of execution of this MOU)Contract Period2 years from the date on which the representatives or authorized representatives of both companies sign and affix their seals. Unless either party gives written notice of its intention to terminate the agreement at least 30 days before the expiration date, the agreement will automatically renew for 1 year, and the same will apply thereafter.
Agreements reached under this partnership
ItemDetails
Name of alliance partnerAureavia Hi-tech Glass Co., Ltd.
Alliance partner's business activitiesResearch and development, production and sale of specialty glass materials. Its products include high-aluminosilicate glass, lithium-aluminosilicate glass, nanocrystalline glass, ultra-thin flexible glass, radiation-resistant glass and semiconductor glass.
Alliance partner's locationNo. 78 Yunwu Road, Liangjiang New Area, Chongqing, China
Alliance partner's capitalRMB 1,208,716,806 (¥28,622 million at the converted amount; exchange rate: RMB 1 = ¥23.68)
Type of allianceBusiness alliance
Details of the allianceOptimization of specialty glass substrate performance, Adaptation to 倉元製作所's processing processes, Joint development of specialty glass products, Improvement of processing yields, Cooperation in product supply and demand, Supply chain collaboration, Market Development
Contract Period2 years from the date on which the representatives or authorized representatives of both companies sign and affix their seals. Unless either party gives written notice of its intention to terminate the agreement at least 30 days before the expiration date, the agreement will automatically renew for 1 year, and the same will apply thereafter.
Date of board resolution31 August 2026
Contract Date31 August 2026
Alliance start date31 August 2026 (the date of execution of this MOU)
Impact on Business PerformanceThe impact of this matter on 倉元製作所's consolidated results for the fiscal year ending December 2026 is expected to be immaterial.
Items this document does not state (12)
Alliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersNumerical targets under the allianceShareholding PolicyShare Acquisition Date and Payment 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 companies determined that combining ATG's materials development, manufacturing technology and mass-production capabilities for specialty glass substrates with 倉元製作所's precision processing and evaluation technologies, customer service capabilities and sales channels would accelerate the development process from materials development through mass production.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice of the signing of a memorandum of understanding (MOU) on strategic cooperation with Chongqing Jinjing Special Glass Co., Ltd. | KURAMOTO CO.,LTD. (5216) timely disclosure | Komori