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Other Disclosures6233KLASS CorporationMachinery

Received an “SMBC Social Issues Resolution Support Loan” for a business that contributes to revitalizing the tatami industry and local industries

KLASS株式会社 received an “SMBC Social Issue Solution Promotion Support Loan” from Sumitomo Mitsui Banking Corporation. The loan covers a tatami manufacturing system that supports business succession at tatami shops and a collaborative robot system designed to reduce labor requirements in local industries.

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Announced details

Computer-controlled tatami manufacturing system (dual-purpose robot VICTORY II)Consulting services for tatami shop managementLabor-saving system using collaborative robotsMaterial handling system (somen noodle loading equipment)
Applicable field (uses covered by this announcement)
Tatami shop managementTatami manufacturingLogisticsConstruction BusinessServicesPost-production and boxing processes for hand-stretched somen noodles
Relationship between the counterparty and the company
KLASS Corporation6233
Relationship with the Company

Received financing from Sumitomo Mitsui Banking Corporation. At the time the financing was executed, Sumitomo Mitsui Banking Corporation and The Japan Research Institute, Limited worked together to confirm the status of initiatives addressing social issues, present observations and logic-model hypotheses, and provide advice.

CounterpartySumitomo Mitsui Banking CorporationThe Japan Research Institute, Limited

The representative director and CEO of Sumitomo Mitsui Banking Corporation is Fukudome Akihiro (福留 朗裕). The representative director and president of The Japan Research Institute, Limited is Uchikawa Jun (内川 淳). Other information, including location, capital, year established and business activities, is Not disclosed.

Location (as indicated in this announcement)

Tatsuno, Hyogo Prefecture (head office)

Impact on Business Performance

The financed businesses are considered capable of contributing to the resolution of social issues, including the revitalization of the tatami industry and local industries and the alleviation of labor shortages. The specific financial impact on performance is Not disclosed.

The company does not address Contract Value / Offering price.

Announced details
ItemDetails
Names of Products / Services CoveredComputer-controlled tatami manufacturing system (dual-purpose robot VICTORY II), Consulting services for tatami shop management, Labor-saving system using collaborative robots, Material handling system (somen noodle loading equipment)
CounterpartySumitomo Mitsui Banking Corporation, The Japan Research Institute, Limited
Counterparty overviewThe representative director and CEO of Sumitomo Mitsui Banking Corporation is Fukudome Akihiro (福留 朗裕). The representative director and president of The Japan Research Institute, Limited is Uchikawa Jun (内川 淳). Other information, including location, capital, year established and business activities, is Not disclosed.
Relationship with the CompanyReceived financing from Sumitomo Mitsui Banking Corporation. At the time the financing was executed, Sumitomo Mitsui Banking Corporation and The Japan Research Institute, Limited worked together to confirm the status of initiatives addressing social issues, present observations and logic-model hypotheses, and provide advice.
Applicable areaTatami shop management, Tatami manufacturing, Logistics, Construction Business, Services, Post-production and boxing processes for hand-stretched somen noodles
LocationTatsuno, Hyogo Prefecture (head office)
Impact on Business PerformanceThe financed businesses are considered capable of contributing to the resolution of social issues, including the revitalization of the tatami industry and local industries and the alleviation of labor shortages. The specific financial impact on performance is Not disclosed.
Items this document does not state (11)
Contract ValueOffering priceContract DateLaunch dateAward/certification nameAwarding / certifying bodyRegistration number and expiry dateLocation scaleQuantitative EffectsUsage historySource

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.

To help revitalize the tatami industry and local industries, identify successors for regional companies and facilitate smooth business succession, address labor shortages in the logistics, construction and service industries, and maintain local industries in areas with declining populations.

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Received an “SMBC Social Issues Resolution Support Loan” for a business that contributes to revitalizing the tatami industry and local industries | KLASS Corporation (6233) timely disclosure | Komori