Decision and Details
Ministry of Economy, Trade and IndustryGrant award decision for the plastic resource recycling business in Shizuoka City
The subsidy program is intended to address labor shortages through labor-saving measures, fundamentally improve labor productivity, expand the scale of operations, and support sustained wage increases.
There is no impact on the earnings forecast for the fiscal year ending February 2027. The grant is expected to be recognized as extraordinary income in the fiscal year ending February 2030, after completion of the subsidized project. The direct deduction method of asset reduction accounting is expected to be applied.
| Item | Details |
|---|---|
| Matter Covered | Grant award decision for the plastic resource recycling business in Shizuoka City |
| Decision-Making Body | Ministry of Economy, Trade and Industry |
| Decision Date | 15 September 2026 (disclosure date; the grant award decision date itself is Not disclosed) |
| Period Covered | Expected to be recognized as subsidy income in the fiscal year ending February 2030 |
| Amount | Investment scale: ¥9,945,403,990; grant amount: ¥2,918,105,795 |
| Quantity / scale | Target wage increase: 10.4% increase in total salary payments per employee involved in the subsidized project |
| Impact on Business Performance | There is no impact on the earnings forecast for the fiscal year ending February 2027. The grant is expected to be recognized as extraordinary income in the fiscal year ending February 2030, after completion of the subsidized project. The direct deduction method of asset reduction accounting is expected to be applied. |
| Reason | The subsidy program is intended to address labor shortages through labor-saving measures, fundamentally improve labor productivity, expand the scale of operations, and support sustained wage increases. |
| Related previous disclosures | Earnings forecast for the fiscal year ending February 2027 announced on 7 April 2026 |
| Future plans | The subsidized project will be carried out, and following the review and other procedures after its completion, the grant is expected to be recognized as extraordinary income in the fiscal year ending February 2030. Any matter requiring public disclosure will be disclosed promptly. |
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.The subsidy program is intended to address labor shortages, improve labor productivity through labor-saving measures, expand the scale of operations, and support sustained wage increases.