Worth reading
63In 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
43800
¥ thousandWording
Avoiding a definitive answer
How definitive the wording is.Decision and Details
Addition of an enzyme evaluation project to NEDO's Bio-Manufacturing Revolution Promotion Project
Decision24 September 2026 (disclosure date; additional decision date: Not disclosed)
Period CoveredFive years from FY2026 through FY2030
ImplementationScheduled to commence in FY2026
Going forwardThe next stage gate is scheduled for FY2027. Based on the review, decisions will be made on whether to continue or discontinue the project and whether to increase or reduce the budget. Any matters requiring disclosure will be disclosed promptly.
AmountTotal subsidy for GEI for the additional project: ¥43.8 million (planned ceiling)
Quantity / scaleThe scope and scale of the enzyme evaluation will be expanded. The additional amounts are ¥25.5 million in FY2026, ¥6 million in FY2027 and ¥12.3 million in FY2028.
Reason
Further advancement of research and development, study of the long-term stability of the enzymes (recycling performance), improvement of sugar yields, process optimization, further reduction of manufacturing costs and strengthening of the competitiveness of the GWE process
Impact on Business Performance
Increase in non-operating income from the fiscal year ending September 2027 onward. There will be no impact on results for the fiscal year ending September 2026. The subsidy amount may change based on actual results.
| Item | Details |
|---|---|
| Matter Covered | Addition of an enzyme evaluation project to NEDO's Bio-Manufacturing Revolution Promotion Project |
| Decision Date | 24 September 2026 (disclosure date; additional decision date: Not disclosed) |
| Implementation Date | Scheduled to commence in FY2026 |
| Period Covered | Five years from FY2026 through FY2030 |
| Amount | Total subsidy for GEI for the additional project: ¥43.8 million (planned ceiling) |
| Quantity / scale | The scope and scale of the enzyme evaluation will be expanded. The additional amounts are ¥25.5 million in FY2026, ¥6 million in FY2027 and ¥12.3 million in FY2028. |
| Impact on Business Performance | Increase in non-operating income from the fiscal year ending September 2027 onward. There will be no impact on results for the fiscal year ending September 2026. The subsidy amount may change based on actual results. |
| Reason | Further advancement of research and development, study of the long-term stability of the enzymes (recycling performance), improvement of sugar yields, process optimization, further reduction of manufacturing costs and strengthening of the competitiveness of the GWE process |
| Related previous disclosures | 15 July 2026, "Notice Regarding the Formulation of a Medium- to Long-Term Vision"; 2 July 2026, "Achieved 34 Consecutive Days of Continuous Operation Using a Simultaneous Saccharification and Fermentation Process in Bioethanol Production from Woody Biomass-Derived Pulp"; 26 March 2025, "Notice of Grant Decision on Extension of the Subsidy Period for the Research, Development and Demonstration Project for Commercial Production of Biofuels, Resin Feedstocks and Other Products Using Materials from the Paper Industry under NEDO's Bio-Manufacturing Revolution Promotion Project"; 27 March 2024, "Notice of Final Grant Notification (Revision) for the Research, Development and Demonstration Project for Commercial Production of Biofuels, Resin Feedstocks and Other Products Using Materials from the Paper Industry under NEDO's Bio-Manufacturing Revolution Promotion Project"; 5 February 2024, "Notice of Final Grant Notification for the Research, Development and Demonstration Project for Commercial Production of Biofuels, Resin Feedstocks and Other Products Using Materials from the Paper Industry under NEDO's Bio-Manufacturing Revolution Promotion Project"; 11 October 2023, "Notice of Selection for the Research, Development and Demonstration Project for Commercial Production of Biofuels, Resin Feedstocks and Other Products Using Materials from the Paper Industry under NEDO's Bio-Manufacturing Revolution Promotion Project" |
| Future plans | The next stage gate is scheduled for FY2027. Based on the review, decisions will be made on whether to continue or discontinue the project and whether to increase or reduce the budget. Any matters requiring disclosure will be disclosed promptly. |
Items this document does not state (2)
Decision-Making BodyGoverning Rule
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 further advance research and development and study the long-term stability of the enzymes (recycling performance), with the aim of improving sugar yields, optimizing the process, further reducing manufacturing costs and strengthening the competitiveness of the GWE process.
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