松尾電機 announced that it will acquire equipment to expand production of conductive tantalum capacitors in Fukuchiyama, Kyoto. The planned acquisition cost is approximately ¥1.969 billion, funded through borrowings from financial institutions. The equipment is scheduled to be acquired and construction commenced in December 2026 and November 2027.
松尾電機 disclosed the acquisition of equipment to expand tantalum capacitor production in Fukuchiyama. The acquisition cost is approximately ¥1.969 billion, funded through borrowings from financial institutions. The board of directors approved the acquisition at meetings held on 27 July and 14 October.
The equipment will be located at 1-20-2 Osadanocho, Fukuchiyama, Kyoto, and the fixed assets are scheduled to be acquired in December 2026 and November 2027. The seller is a domestic general corporation, but details have not been disclosed pursuant to an agreement with the counterparty.
The investment is in line with the medium-term management plan for the fiscal years ending March 2025 through March 2027, announced by the company in January 2024. The plan identifies strengthening the earnings base and stabilising the management base as key priorities.
In its tantalum capacitor business, the company is pursuing the development of new conductive polymer tantalum capacitors and has indicated a policy of securing sales and profits in the automotive and overseas consumer markets. The equipment acquisition is intended to expand production. The impact on results for the fiscal year ending March 2027 is expected to be minor.