This transaction
Expansion of factory and launch of new businessThere is no change to the consolidated earnings forecast for the fiscal year ending September 2026 as a result of this disclosure. The consolidated earnings forecast for the fiscal year ending September 2027 is scheduled to be announced on 13 November 2026, taking the contents of this disclosure into account.
| Item | Details |
|---|---|
| Transaction name | Expansion of factory and launch of new business |
| Funding arrangements | The increase in total investment is planned to be funded through borrowings from financial institutions. In December 2024, the company signed a ¥6 billion syndicated loan agreement with 3 financial institutions and now plans to obtain additional borrowings from financial institutions. |
| Impact on Business Performance | There is no change to the consolidated earnings forecast for the fiscal year ending September 2026 as a result of this disclosure. The consolidated earnings forecast for the fiscal year ending September 2027 is scheduled to be announced on 13 November 2026, taking the contents of this disclosure into account. |
| Date of board resolution | 30 October 2026 |
| Execution Date / Effective Date | The factory is scheduled for completion and start of operations during 2027, and the business is scheduled to commence during 2029. |
Items this document does not state (27)
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 identified room for improvement in the production efficiency and operational stability of the mass-production process during demonstration testing, making a review of process specifications and additional equipment investment necessary. It also explained that higher construction costs, including material prices and labor costs due to the situation in the Middle East, layout changes associated with modifications to the power grid, and longer equipment lead times resulting from logistics instability led to the increase in investment and delays to the construction schedule and business launch.