Establishment of a fixed-term land leasehold for business use for the construction of a new factory in Malaysia
First written in FY2018-Q2. 4 of 11 entries say "Advanced", first in FY2018-Q3. Latest entry: FY2021.
1 other company's latest entry also says "Achieved".
- FY2021AchievedAnnual report
「Against this backdrop, in February 2021 the group completed a new plant for 東和半導体設備(南通)有限公司, strengthening production capacity for the expanding Chinese market and diversifying its production bases to establish a production structure capable of ensuring stable supply even in an emergency.」
The new plant in Nantong, China, was completed in February 2021, increasing production capacity for the Chinese market and diversifying production bases. - FY2021-Q3Progress on investments including construction of the new plantAnnual report
「Total assets at the end of the third quarter of the consolidated fiscal period increased by ¥3,683 million from the end of the previous consolidated fiscal year to ¥46,808 million. This was due to increases in current assets, including cash and deposits and accounts receivable, as well as an increase in fixed assets resulting from investments to expand the business, including construction of a new plant.」
Investment to expand the business, including construction of a new plant, progressed, and total assets increased by ¥3,683 million from the end of the previous consolidated fiscal year through the increase in fixed assets. - FY2021-Q2Progress on investments including construction of the new plantAnnual report
「This was mainly because payments for the acquisition of property, plant and equipment and intangible assets, including construction of new plants by overseas operating companies, amounted to ¥1,478 million, compared with ¥1,211 million in the same period of the previous year.」
Investment by overseas operating companies, including construction of new plants, progressed, and payments for the acquisition of property, plant and equipment and intangible assets during the six months ended in the second quarter amounted to ¥1,478 million. - FY2020-Q3Progress on investments including construction of the new plantAnnual report
「Property, plant and equipment and intangible assets increased by ¥2,203 million from the end of the previous fiscal year, mainly due to investments to expand the business, including construction of a new plant, and investment to renew existing facilities.」
Investment in the new plant and renewal of existing facilities progressed, and fixed assets increased by ¥2,203 million from the end of the previous fiscal year. - FY2020-Q2Progress on investments including construction of the new plantAnnual report
「Property, plant and equipment and intangible assets increased by ¥1,166 million from the end of the previous fiscal year, mainly due to investments to expand the business, including construction of a new plant, and investment to renew existing facilities.」
Investment in the new plant and renewal of existing facilities progressed, and fixed assets increased by ¥1,166 million from the end of the previous fiscal year. - FY2019AdvancedAnnual report
「TOWAM Sdn. Bhd.; Penang, Malaysia; semiconductor manufacturing equipment plant; planned investment amount ¥2,082 million; amount already paid ¥763 million; construction start September 2018; completion October 2019; production capacity after completion 3 times the current level.」
The Malaysia new plant was formalized as a capital investment plan with planned investment of ¥2,082 million, ¥763 million already paid, scheduled completion in October 2019 and production capacity of 3 times the current level. - FY2019-Q2AdvancedAnnual report
「① Location: Batu Kawan, Penang, Malaysia (Batu Kawan Industrial Park) ② Total floor area: 26,015 m² (factory buildings, office buildings and other facilities) ③ Investment amount: MYR 76,550 thousand (approximately ¥2,092 million) (buildings) ④ Scheduled completion: August 2019」
The Malaysia new plant project progressed to a specific construction investment plan, with a total floor area of 26,015 m², building investment of approximately ¥2,092 million and scheduled completion in August 2019. - FY2019-Q1AdvancedAnnual report
「The new plant will be constructed on the site covered by the lease announced in the 30 October 2017 notice titled “Notice Regarding the Agreement to Establish a Fixed-Term Leasehold for Business Use.” The plant is intended to accommodate increased production at TOWAM Sdn. Bhd., produce larger-format equipment expected to meet growing future demand, including the CPM1180, establish a dedicated line for parts production for the TSS (Total Solution Service) business, and support business expansion such as equipment modification services. The planned production capacity upon completion of the new plant is 3 times TOWAM Sdn. Bhd.'s current production capacity.」
The Board of Directors resolved the construction investment plan for the new plant in Malaysia, formalizing a plan to produce the CPM1180, manufacture TSS parts and modify equipment, with production capacity set at 3 times the current level. - FY2018RestatedAnnual report
「At TOWAM Sdn. Bhd., the company entered into an agreement to establish a fixed-term leasehold for business use for the planned site of a new plant. The agreement date was 27 December 2017, the site covers 9 acres, the lease term is 60 years, and total lease payments are approximately ¥436 million.」
The annual report reiterates the details of the Malaysia new plant site following the signing of the agreement on 27 December 2017. - FY2018-Q3AdvancedAnnual report
「The company entered into an agreement to establish a fixed-term leasehold for business use for the planned site of a new plant at its consolidated subsidiary TOWAM Sdn. Bhd. in Malaysia.」
For the new plant project in Malaysia, the company entered into an agreement on 27 December 2017 to establish a fixed-term leasehold for business use covering a 9-acre site. The lease term is 60 years, and total lease payments are approximately ¥436 million. - FY2018-Q2First statedAnnual report
「As the factory space at TOWAM Sdn. Bhd.'s existing plant has become cramped as production volumes have increased, we decided to enter into an agreement to establish a fixed-term leasehold for business use for the planned site of a new plant, in order to secure new factory space for producing equipment capable of handling the larger-format products expected to be in demand in the future.」
The company disclosed a plan to secure a 9-acre site for a new plant at the Batu Kawan Industrial Park in Malaysia to accommodate increased production volumes and larger-format equipment. The agreement was scheduled to be signed in January 2018, with a 60-year term and total lease payments of approximately ¥418 million.