Decision and Details
New Energy and Industrial Technology Development Organization (NEDO)Grant decision for a subsidy under NEDO's Technology Research and Development Program for Discovering Seeds for New Energy and Other Applications and Bringing Them to Commercialization (New Energy SMEs and Startup Support Program)
To establish a domestic circulation system for platinum-group precious metals supporting the adoption of fuel cells and water electrolysis, expand the scope of DPS recovery technology from palladium to platinum and iridium, and establish recovery technology for ultralow-concentration liquids.
The impact of this matter on earnings for the current fiscal year will be minor, but it is expected to contribute to profit from the next fiscal year onward.
| Item | Details |
|---|---|
| Matter Covered | Grant decision for a subsidy under NEDO's Technology Research and Development Program for Discovering Seeds for New Energy and Other Applications and Bringing Them to Commercialization (New Energy SMEs and Startup Support Program) |
| Decision-Making Body | New Energy and Industrial Technology Development Organization (NEDO) |
| Decision Date | 1 October 2026 |
| Implementation Date | 1 October 2026–30 September 2028 (scheduled project period) |
| Period Covered | 1 October 2026–30 September 2028 |
| Amount | Grant amount: ¥47.781 million |
| Quantity / scale | Subsidy rate: 8/10 |
| Impact on Business Performance | The impact of this matter on earnings for the current fiscal year will be minor, but it is expected to contribute to profit from the next fiscal year onward. |
| Reason | To establish a domestic circulation system for platinum-group precious metals supporting the adoption of fuel cells and water electrolysis, expand the scope of DPS recovery technology from palladium to platinum and iridium, and establish recovery technology for ultralow-concentration liquids. |
| Future plans | Research and development will be conducted from 1 October 2026 through 30 September 2028, with technology development proceeding with a view to future implementation on manufacturing lines and commercialization. |
Items this document does not state (2)
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 advance research and development, under NEDO's support program, into recovering platinum and iridium from low-concentration liquids discharged by fuel cells and water electrolyzers and creating a domestic circulation system.