Komori
M&A and Subsidiary Changes6145NITTOKU CO.,LTD.Machinery

Notice of execution of a construction contract and changes and progress since the previous disclosure regarding the plan to establish the Ehime Facility (Kitakata)

A construction contract was executed for the Ehime Facility (Kitakata), and the business scope was changed from manufacturing equipment for HEV/EV batteries to the design and manufacture of automated equipment and integrated production lines for components used in data centers and physical AI. The planned investment increased from approximately ¥1.5 billion to approximately ¥2.6 billion, and the scheduled start of operations was postponed from summer 2026 to October 2027.

Worth reading
58In focus
Scored from 2 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
26
¥ billion (planned investment)
Wording
Conditional
How definitive the wording is.

This transaction

Construction contract for the new Ehime Facility (Kitakata)
TimelineThe spacing between the points is proportional to the actual number of days.
Consideration and expenses
Acquisition priceApproximately ¥2 billion (contract amount under the construction contract)
Impact on Business Performance

The impact of this matter on consolidated results for the fiscal year ending March 2027 is immaterial. No material impact on consolidated results from the fiscal year ending March 2028 onward is currently expected either.

This transaction
ItemDetails
Transaction nameConstruction contract for the new Ehime Facility (Kitakata)
Acquisition priceApproximately ¥2 billion (contract amount under the construction contract)
Impact on Business PerformanceThe impact of this matter on consolidated results for the fiscal year ending March 2027 is immaterial. No material impact on consolidated results from the fiscal year ending March 2028 onward is currently expected either.
Date of board resolution18 September 2026 (date of decision)
Contract Date2 October 2026
Execution Date / Effective DateSeptember 2027 (scheduled) (scheduled handover date)
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 priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation 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.

The utilization policy for the facility was reviewed in light of changes in the business environment and order trends. Other reasons cited include confirmation of the location, progress in acquiring and registering the land, a detailed review of the construction plan, design specifications and construction schedule in light of higher and delayed materials costs, expansion of the land area, higher construction costs, and the increasing specificity of the design, specifications and scale.

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.