Komori
Disclosure7414ONOKEN CO.,LTD.Trading & Wholesale

Notice Regarding the Award Decision for the Large-Scale Growth Investment Subsidy

The company has received a notice of the grant award decision for a subsidized project under the Ministry of Economy, Trade and Industry's Large-Scale Growth Investment Subsidy program, covering the expansion of logistics and processing functions and the development of IT infrastructure. The grant amount is currently stated as ¥2,463,849,101, but the final amount will be determined through inspections and other procedures after completion of the project.

Worth reading
58In 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
2463849101
Yen (grant amount, undecided)
Wording
Conditional
How definitive the wording is.

Decision and Details

Ministry of Economy, Trade and Industry

The grant award decision under the Large-Scale Growth Investment Subsidy program for "Enhancing high-value-added services through the expansion of logistics and processing functions and promoting data-driven management through the development of IT infrastructure"

Decision2 November 2026 (date the grant award decision notice was received)
Period CoveredFrom the fiscal year ending March 2029 through the fiscal year ending March 2032 (target for wage increases for employees involved in the subsidized project)
ImplementationThe facilities covered by the project are scheduled to begin full-scale operations from the fiscal years ending March 2028 and March 2029, respectively
Going forwardThe company will disclose the information once the amount of the grant actually to be paid has been determined. If an event occurs that affects results, the company will make a timely disclosure.
AmountExpenses required for the subsidized project: ¥10,399,726,276; eligible project expenses: ¥9,855,396,406; grant amount: ¥2,463,849,101 (undecided, subsidy rate: 1/4)
Quantity / scaleIncrease the total annual salary payments per employee involved in the subsidized project by an average of 6.0% per year
Reason

Enhancing high-value-added services through the expansion of logistics and processing functions and promoting data-driven management through the development of IT infrastructure. Because the facilities covered by the project are scheduled to begin full-scale operations from the fiscal years ending March 2028 and March 2029, respectively, the impact on results for the current fiscal year is expected to be minor.

Impact on Business Performance

The impact on consolidated results for the current fiscal year is expected to be minor

Final grant amountTo be determined based on the investment results during the subsidized project period, how the funds are allocated, the results of inspections and other procedures after completion of the subsidized project, and other factors
Decision and Details
ItemDetails
Matter CoveredThe grant award decision under the Large-Scale Growth Investment Subsidy program for "Enhancing high-value-added services through the expansion of logistics and processing functions and promoting data-driven management through the development of IT infrastructure"
Decision-Making BodyMinistry of Economy, Trade and Industry
Decision Date2 November 2026 (date the grant award decision notice was received)
Implementation DateThe facilities covered by the project are scheduled to begin full-scale operations from the fiscal years ending March 2028 and March 2029, respectively
Period CoveredFrom the fiscal year ending March 2029 through the fiscal year ending March 2032 (target for wage increases for employees involved in the subsidized project)
AmountExpenses required for the subsidized project: ¥10,399,726,276; eligible project expenses: ¥9,855,396,406; grant amount: ¥2,463,849,101 (undecided, subsidy rate: 1/4)
Quantity / scaleIncrease the total annual salary payments per employee involved in the subsidized project by an average of 6.0% per year
Impact on Business PerformanceThe impact on consolidated results for the current fiscal year is expected to be minor
ReasonEnhancing high-value-added services through the expansion of logistics and processing functions and promoting data-driven management through the development of IT infrastructure. Because the facilities covered by the project are scheduled to begin full-scale operations from the fiscal years ending March 2028 and March 2029, respectively, the impact on results for the current fiscal year is expected to be minor.
Future plansThe company will disclose the information once the amount of the grant actually to be paid has been determined. If an event occurs that affects results, the company will make a timely disclosure.
Final grant amountTo be determined based on the investment results during the subsidized project period, how the funds are allocated, the results of inspections and other procedures after completion of the subsidized project, and other factors
Items this document does not state (2)
Governing RuleRelated previous disclosures

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.

Because the facilities covered by the subsidized project are scheduled to begin full-scale operations from the fiscal years ending March 2028 and March 2029, respectively, the impact on consolidated results for the current fiscal year is expected to be minor. The actual grant amount will be determined based on the investment results, how the funds are allocated, inspections after completion of the project, and other factors.

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Notice Regarding the Award Decision for the Large-Scale Growth Investment Subsidy | ONOKEN CO.,LTD. (7414) timely disclosure | Komori