Entry into the Hydroponics Business and Construction of a Cultivation Equipment Plant and Demonstration Greenhouse
First written in FY2023-Q3. 2 of 3 entries say "Advanced", first in FY2023. Latest entry: FY2024.
4 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「Major capital investments during the consolidated fiscal year totaled ¥181.704 million, centered on the acquisition of an administration building and demonstration greenhouse (vinyl greenhouse) for the hydroponic cultivation business.」
The Company made ¥181.704 million in capital investments in the hydroponic cultivation business, including the acquisition of an administration building and demonstration greenhouse. - FY2023AdvancedAnnual report
「Shimōniikawa District, Toyama Prefecture Environmental and energy business Hydroponic cultivation equipment manufacturing plant and demonstration vinyl greenhouse ¥238 million - Internal funds August 2023 August 2025」
The hydroponic cultivation business has progressed to a specific capital investment plan involving ¥238 million for a manufacturing plant and demonstration vinyl greenhouse, funded with internal funds, with construction scheduled to begin in August 2023 and be completed in August 2025. - FY2023-Q3First statedAnnual report
「Investment funds for the construction of a manufacturing plant for cultivation equipment and a demonstration greenhouse (vinyl greenhouse) for the hydroponic cultivation business as a new business leveraging our manufacturing technology」
For the first time, the use of proceeds from the rights offering specifically identifies entry into the hydroponic cultivation business and construction of a manufacturing plant for cultivation equipment and a demonstration greenhouse.