Establishing a Film Formation and Coating Production Network in Europe and Large-Scale Investment Through 2025
First written in FY2021-Q3. 5 of 8 entries say "Advanced", first in FY2021. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026SoftenedAnnual report
「Except for new installations and similar projects for routine equipment renewal, there are no plans for new installations or similar projects involving significant equipment.」
Compared with the previous plan to establish large-scale production capacity in Europe, including Hungary, there continues to be no significant plan for new facilities. - FY2025SoftenedAnnual report
「Except for new installations and similar projects for routine equipment renewal, there are no plans for new installations or similar projects involving significant equipment.」
Compared with the previous plan to establish large-scale production capacity in Europe, including Hungary, this filing presents no significant new construction plans. The exclusion of WCP and its subsidiaries from consolidation has also weakened the positioning of the consolidated group's European investment plan. - FY2024AdvancedAnnual report
「W-SCOPE HUNGARY PLANT LTD. Headquarters (Nyíregyháza, Hungary) Factory site, buildings and film-forming lines 90,000 35,350 Internal funds and subsidiary IPO May 2022 Second half of 2024」
Updated the total investment in the Hungarian plant to ¥90,000 million, with ¥35,350 million already paid and completion scheduled for the second half of 2024. - FY2022AdvancedAnnual report
「W-SCOPE HUNGARY PLANT LTD. Headquarters (Nyíregyháza, Hungary) Factory site, buildings and film-forming lines 90,000 11,165 Internal funds and subsidiary IPO May 2022 Second half of 2024」
Updated the investment in the factory site, buildings and film-forming lines in Hungary to a total of ¥90,000 million, with ¥11,165 million already paid and completion scheduled for the second half of 2024. - FY2022-Q3AdvancedAnnual report
「At a meeting of its board of directors on 6 October 2022, W-SCOPE CHUNGJU PLANT CO., LTD. (WCP), our consolidated subsidiary, decided to make staged capital contributions totaling EUR 100 million to its subsidiary W-SCOPE HUNGARY PLANT Limited during 2022 for capital investment. These funds will be used in part to finance EUR 700 million in capital investment by the European entity, scheduled for completion in the second half of 2024.」
For the establishment of European production capacity, WCP decided to make staged capital contributions of EUR 100 million to its Hungarian subsidiary during 2022, to be used in part to fund EUR 700 million in capital investment by the European entity. Completion is scheduled for the second half of 2024. - FY2022-Q2AdvancedAnnual report
「From the second quarter, W-SCOPE CHUNGJU PLANT CO., LTD. (WCP), our consolidated subsidiary, included W-SCOPE HUNGARY PLANT Limited as a consolidated subsidiary following its establishment as a wholly owned subsidiary of WCP in Nyíregyháza, Hungary, to meet future growth in demand.」
The plan to establish European production capacity progressed to the establishment and consolidation of a Hungarian entity as a wholly owned subsidiary of WCP. - FY2021AdvancedAnnual report
「At meetings held on 14 October 2021 by our board of directors and on 6 October 2021 by the board of directors of W-SCOPE CHUNGJU PLANT CO., LTD. (WCP), our consolidated subsidiary, resolutions were passed to establish a subsidiary in Europe.」
To meet European EV demand, the plan to establish a European entity that would be wholly owned by WCP progressed to board approval. The plan to install film-forming and coating lines through 2025 also continues. - FY2021-Q3First statedAnnual report
「To meet expected growth in European EV demand, 2 film-forming lines will first be installed at WCP's factory site in Korea, at an investment of approximately ¥12,000 million. They are scheduled to begin operation in the second half of 2023, bringing WCP's total number of film-forming lines to 8. Thereafter, WCP plans to establish a wholly owned European subsidiary and install 8 film-forming lines and 16 coating lines at that entity by 2025. Total investment in Europe of approximately ¥90,000 million is planned for the 5 years from 2021 to 2025.」
To meet European EV demand, the company planned to install 2 film-forming lines at WCP at a cost of approximately ¥12 billion, with operations scheduled to begin in the second half of 2023. It then planned to install 8 film-forming lines and 16 coating lines at a European subsidiary by 2025, with approximately ¥90 billion to be invested in Europe from 2021 to 2025.