旭有機材 has been selected for the Ministry of Economy, Trade and Industry’s Large-Scale Growth Investment Subsidy. The company’s development, production and sale of small precision valves for semiconductor manufacturing equipment, using flow-control and low-particle-generation technologies, have been approved for funding. The subsidy has a maximum amount of approximately ¥3.9 billion, and the equipment will come online from the fiscal year ending March 2029, so it is not expected to affect current fiscal-year results.
旭有機材 announced that its development, production and sale of small precision valves for semiconductor manufacturing equipment, using flow-control and low-particle-generation technologies, had been selected for the Ministry of Economy, Trade and Industry’s Large-Scale Growth Investment Subsidy and received approval for the grant.
The subsidy has a maximum amount of ¥3,903,116,307. As the eligible production equipment is scheduled to begin operating from the fiscal year ending March 2029, the company expects no direct impact on current fiscal-year results. Additional disclosure may be made depending on future progress.