Freezing of the new plant construction plan in Saku, Nagano Prefecture, and offer to buy back the site
NISSEI ASB MACHINE CO.,LTD.
Site planned for the new plant in Saku, Nagano Prefecture (factory site)
Because the sharp rise in construction material prices and the extension of the construction period due to the labor shortage made it extremely difficult to commence operations within the originally planned schedule and budget.
No impact on consolidated results for the current fiscal year (specific amount: Not disclosed)
No amount recorded. No impact on consolidated results for the current fiscal year.
There is no impact on consolidated results for the current fiscal year. Revision of the earnings forecast: Not disclosed.
Related procedures
Offer to buy back the site (not litigation or administrative action)
Company response
Construction of the new plant has been frozen. There is no indication that existing shipping, production or sales have been suspended.
For the time being, the Company plans to meet strong global demand by expanding production capacity at its plant in India. The Company has offered to buy back the site in Saku, Nagano Prefecture.
If any matters requiring disclosure arise, the Company will announce them promptly.
| Item | Details |
|---|---|
| Event name | Freezing of the new plant construction plan in Saku, Nagano Prefecture, and offer to buy back the site |
| Date of occurrence | 15 September 2026 (date of the reports and the Company's explanation; the date on which the plan was frozen: Not disclosed) |
| Date recognized / date notice received | 15 September 2026 (the date on which the Company became aware of the report by The Shinano Mainichi Shimbun) |
| Subject Entity | NISSEI ASB MACHINE CO.,LTD. |
| Target Locations / Products | Site planned for the new plant in Saku, Nagano Prefecture (factory site) |
| Cause | Because the sharp rise in construction material prices and the extension of the construction period due to the labor shortage made it extremely difficult to commence operations within the originally planned schedule and budget. |
| Amount of Impact on Business Performance | No impact on consolidated results for the current fiscal year (specific amount: Not disclosed) |
| Accounting period in which recognized | No amount recorded. No impact on consolidated results for the current fiscal year. |
| Impact on Earnings Forecast | There is no impact on consolidated results for the current fiscal year. Revision of the earnings forecast: Not disclosed. |
| Type of litigation or proceeding | Offer to buy back the site (not litigation or administrative action) |
| Suspended operations | Construction of the new plant has been frozen. There is no indication that existing shipping, production or sales have been suspended. |
| Outlook | For the time being, the Company plans to meet strong global demand by expanding production capacity at its plant in India. The Company has offered to buy back the site in Saku, Nagano Prefecture. |
| Planned follow-up disclosure | If any matters requiring disclosure arise, the Company will announce them promptly. |
Items this document does not state (12)
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.Because the sharp rise in construction material prices and the extension of the construction period due to the labor shortage made it extremely difficult to commence operations within the originally planned schedule and budget.