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Business Alliances6521OXIDE CorporationElectrical and Precision Instruments

OXIDE Corporation Enters into a Capital and Business Alliance Agreement with JX Advanced Metals Corporation

OXIDE Corporation has entered into a capital and business alliance under which it will raise ¥2.75 billion from JX Advanced Metals Corporation through a third-party allotment of shares, and JX Advanced Metals Corporation will acquire shares of OXIDE Corporation. The two companies will collaborate on the development of crystal materials and optical technologies, the advancement of production technologies and business expansion using their customer bases.

Worth reading
65In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
27.5
¥100 million
Wording
Definitive
How definitive the wording is.

Agreements reached under this partnership

Capital and Business Alliance
6521OXIDE Corporation
Alliance partnerJX Advanced Metals Corporation
Details of the alliance
  1. 1

    The companies will mutually leverage their respective technologies for mass production of crystal materials and their knowledge of manufacturing processes to further advance production technologies and mass-production capabilities.

  2. 2

    The companies will also leverage JX Advanced Metals Corporation's global customer base to expand business development.

  3. 3

    The companies will use their respective technologies and expertise in crystal materials, lasers and optical devices to pursue the creation of medium- to long-term business opportunities in fields including optical communications and optoelectronic integration, semiconductors and healthcare.

  4. 4

    The companies aim to create new materials, products and businesses in quantum-related fields, including quantum communications and quantum computing.

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

Capital and personnel relationships

This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).

7.12%Our ownership stake in the partner’s shares
Number of shares acquiredShares equivalent to 7.66% of the number of shares issued (number of shares: Not disclosed)
Acquisition price¥2.75 billion
About the partner
Business DescriptionThin-film materials business, tantalum and niobium business, functional materials business, metals and recycling business, and resources business
LocationMinato-ku, Tokyo
Share capital¥75 billion
Contract Date9 November 2026
Agreements reached under this partnership
ItemDetails
Name of alliance partnerJX Advanced Metals Corporation
Alliance partner's business activitiesThin-film materials business, tantalum and niobium business, functional materials business, metals and recycling business, and resources business
Alliance partner's locationMinato-ku, Tokyo
Alliance partner's capital¥75 billion
Type of allianceCapital and Business Alliance
Details of the allianceThe companies will mutually leverage their respective technologies for mass production of crystal materials and their knowledge of manufacturing processes to further advance production technologies and mass-production capabilities., The companies will also leverage JX Advanced Metals Corporation's global customer base to expand business development., The companies will use their respective technologies and expertise in crystal materials, lasers and optical devices to pursue the creation of medium- to long-term business opportunities in fields including optical communications and optoelectronic integration, semiconductors and healthcare., The companies aim to create new materials, products and businesses in quantum-related fields, including quantum communications and quantum computing.
Number of shares acquiredShares equivalent to 7.66% of the number of shares issued (number of shares: Not disclosed)
Acquisition price¥2.75 billion
Shareholding ratioNot disclosed → 7.12%
Contract Date9 November 2026
Items this document does not state (13)
Alliance partner's net salesAlliance partner's operating incomeOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionAlliance start dateShare Acquisition Date and Payment DateImpact on Business PerformanceChange in major shareholders

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 purpose is to accelerate technology development and commercialisation by combining OXIDE Corporation's technologies in optical single crystals, wavelength conversion, optical devices and lasers with JX Advanced Metals Corporation's materials development and mass-production technologies, thin-film materials technology and global customer base.

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OXIDE Corporation Enters into a Capital and Business Alliance Agreement with JX Advanced Metals Corporation | OXIDE Corporation (6521) timely disclosure | Komori