KEIWA will acquire land in Gobo, Wakayama Prefecture and install equipment for its new “SUGORIA” series at the adjacent WTC III facility, advancing full automation. It will also install MVP equipment to strengthen its research and development capabilities.
KEIWA completed the contract on 28 August 2026 and the handover of the property on 28 September 2026. The acquired property is vacant land in Saikyodani, Kitashioya, Shioya-cho, Gobo, Wakayama Prefecture, with an area of 36,671.73 square metres. The acquisition was funded with internal funds, and the amount has not been disclosed.
The seller is a domestic corporation, which the company has decided not to disclose under the agreement. There are no capital, personnel or business relationships between the seller and KEIWA, and the seller is not a related party of KEIWA.
Following the acquisition of the fixed asset, KEIWA will install equipment for its new “SUGORIA” series and equipment for MVP, aiming to achieve highly efficient, high-quality manufacturing through full automation and strengthen its research and development capabilities.
The impact on results for the current fiscal year is expected to be minor.