Note: The initial disclosure in Japanese was released at 15:00 on November 7, 2022. (GMT+9).
News release dated November 7, 2022
Company name: JCU Co., Ltd.
Representative: Masafumi Kimura, Chairman and Representative Director
Securities code: 4975 / Tokyo Stock Exchange Prime Section
Contact Yoji Inoue Director, Managing Executive Officer, General Manager of Corporate Strategy Office
(Phone: 03-6895-7004)
Notice Regarding Capital Investment in Research Building, Factory Building, and Warehouse Building
The Board of Directors of JCU Co., Ltd. today resolved to construct a research building, a factory building, and a warehouse building in Kumamoto Prefecture. These buildings will be constructed on the acquired land announced in the September 2, 2022 press release “Notice Concerning Acquisition of Fixed Assets (Land Acquisition)”.
1. Purpose of capital investment
In the electronics industry, one of JCU’s main business fields, the demand for semiconductors is expected to continue to increase due to the rise of new technologies such as 6G wireless technology and progress in digital transformation. In order to continue growing, JCU will build a new manufacturing base in Kumamoto Prefecture, where the semiconductor industry is rapidly expanding. The new base will conduct research and development of chemicals used in semiconductor manufacturing, as well as manufacture these chemicals and products.
JCU believes that this new manufacturing site will enable it to respond more timely to customer needs. In addition, this investment will make it possible to supply products from two domestic bases, including the current main manufacturing base in Joetsu City, Niigata Prefecture. The two locations are expected to increase the stability of JCU’s product supply.
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2. PROJECT OVERVIEW |
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(1) |
position: |
Mashiki, Kamimashiki District, Kumamoto Prefecture |
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(2) |
Site area: |
26,178.40 meters2 |
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(3) |
Facility: |
Research building, factory building, warehouse building |
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(Four) |
Capital expenditure: |
About 8 billion yen (not including land costs) |
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(Five) |
completion: |
April 2025 (planned) |
3. Outlook
JCU will fund these expenditures internally. The impact of these capital investments on the consolidated results for the fiscal year ending March 31, 2023 will be minor. We will let you know if there is any additional information we need to disclose regarding this matter.
