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M&A and Subsidiary Changes5971KYOWAKOGYOSYO CO.,LTD.Construction and Materials

(Update on Previously Disclosed Matter) Notice Regarding a Change in Total Investment for the Construction of a New Plant and the Decision to Grant a Subsidy

Total investment in the new factory was increased from ¥2 billion to ¥4.5 billion, and the start of operations was changed from October 2027 to around May 2028. The Company also received a decision granting a national government subsidy of ¥1,545,288,000.

Worth reading
48Recurring
Scored from 2 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
25
¥100 million
Wording
Avoiding a definitive answer
How definitive the wording is.

This transaction

Acquisition of fixed assets (construction of a new plant)
Date of board resolution7 August 2026
Consideration and expenses
Acquisition price¥4.5 billion (planned)
Type of ConsiderationCash (internal funds)
Funding arrangementsThe entire amount will be funded with internal funds, and the national government subsidy is scheduled to be received after completion of the project.
Impact on Business Performance

The impact on full-year results for the current fiscal year is immaterial.

This transaction
ItemDetails
Transaction nameAcquisition of fixed assets (construction of a new plant)
Acquisition price¥4.5 billion (planned)
Type of ConsiderationCash (internal funds)
Funding arrangementsThe entire amount will be funded with internal funds, and the national government subsidy is scheduled to be received after completion of the project.
Impact on Business PerformanceThe impact on full-year results for the current fiscal year is immaterial.
Date of board resolution7 August 2026
Items this document does not state (26)
Counterparty nameName of the Subject CompanyBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageGoodwill amountAmount of extraordinary income (loss)Contract DateExecution Date / Effective DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition

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.

This reflects the decision on the configuration policy for various facilities associated with the new building, as well as trends in construction costs and the implementation plan for various facilities and other equipment. The start of operations was reviewed in consideration of the installation and start-up periods for the various facilities.

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.
(Update on Previously Disclosed Matter) Notice Regarding a Change in Total Investment for the Construction of a New Plant and the Decision to Grant a Subsidy | KYOWAKOGYOSYO CO.,LTD. (5971) timely disclosure | Komori