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M&A and Subsidiary Changes6941YAMAICHI ELECTRONICS CO.,LTD.Electrical and Precision Instruments

Notice Regarding the Construction of a 4th Factory in the Philippines

Pricon Microelectronics, Inc., a consolidated subsidiary, has decided to construct a fourth plant in the Philippines. The total investment is approximately ¥6.5 billion, and operations are scheduled to begin in the second half of fiscal 2028.

Worth reading
20Immaterial
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
65
¥100 million
Wording
Conditional
How definitive the wording is.

This transaction

Construction of a fourth plant
TimelineThe spacing between the points is proportional to the actual number of days.
Impact on Business Performance

The company will promptly announce any developments requiring disclosure regarding the impact of this project on its consolidated results.

This transaction
ItemDetails
Transaction nameConstruction of a fourth plant
Impact on Business PerformanceThe company will promptly announce any developments requiring disclosure regarding the impact of this project on its consolidated results.
Date of board resolution18 September 2026
Execution Date / Effective DateFebruary 2027 (scheduled start of construction), end of September 2028 (scheduled completion and handover of the building), second half of fiscal 2028 (scheduled start of operations)
Items this document does not state (28)
Counterparty nameName of the Subject CompanyBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition

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.

To strengthen global production capacity and a stable supply system in anticipation of medium- to long-term demand growth for semiconductors, automotive applications, communications equipment including AI servers, and industrial equipment, among other products. The company also intends to secure production space to accommodate future business expansion.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Construction of a 4th Factory in the Philippines | YAMAICHI ELECTRONICS CO.,LTD. (6941) timely disclosure | Komori