Announced details
Expected sales increase of ¥800 million over 2 years
Group company
Kyoritsu Electric（India）Pvt. Ltd: a Group company (other details: Not disclosed)
Sr. No. 257/4 Mukainagar, Bhakti Shakti Road, Hinjewadi, Pune – 411057 Maharashtra, India.
¥4.5 million per year (rent)
The impact on business performance from opening the new factory will be immaterial.
The company does not address Offering price.
| Item | Details |
|---|---|
| Counterparty overview | Kyoritsu Electric（India）Pvt. Ltd: a Group company (other details: Not disclosed) |
| Relationship with the Company | Group company |
| Contract Value | ¥4.5 million per year (rent) |
| Launch date | Scheduled for August 2026 (opening of new factory) |
| Location | Sr. No. 257/4 Mukainagar, Bhakti Shakti Road, Hinjewadi, Pune – 411057 Maharashtra, India. |
| Location scale | Building area: 485.52 m²; two-story steel-frame structure; 4 new hires expected |
| Quantitative Effects | Expected sales increase of ¥800 million over 2 years |
| Impact on Business Performance | The impact on business performance from opening the new factory will be immaterial. |
Items this document does not state (10)
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 existing factory has become too small as orders from new customers have expanded. The company is also considering a suitable location for establishing another new factory in preparation for full-scale production increases in the future.