Kuramoto Co., Ltd.
Notice of Signing of Strategic Cooperation Agreement (MOU) with Chongqing Xinjing Specialty Glass Co., Ltd.
Kuramoto Manufacturing has signed a strategic cooperation agreement with Chongqing Xinjing Specialty Glass Co., Ltd. (ATG). Through joint research and development, accelerate expansion into growth areas such as ultra-thin flexible glass, semiconductor support glass, and glass substrates for TGV. Specific investment amounts and production start timing are undetermined, with only a minor impact expected on consolidated earnings for the fiscal year ending December 2026.
Key Figures
- Key figure 1: Contract period two years (automatic renewal)
- Key figure 2: MOU signing date 2026-08-31
- Key figure 3: Start of cooperation Date of MOU signing
AI要約
Summary of this matter
At today’s board meeting, we have decided to sign the strategic cooperation agreement (MOU) with Chongqing Xinjing Specialty Glass Co., Ltd. (ATG). The objective is to optimize the performance of specialty glass substrates through joint R&D, adapt them to processing workflows, and expand into growth areas such as glass substrates for TGV and semiconductor support glass. Specifically, we will combine ATG’s advanced glass substrate technology with Kuramoto Manufacturing’s precision machining and evaluation capabilities to advance cooperation in procurement, supply chain linkage, and market development. The contract period is initial two years with automatic renewal possibility.
Outlook and impact going forward
This MOU establishes basic principles; specific investment amounts, production, and sales are not yet determined. Going forward, we will prepare toward formal agreement, define the details of the contract and joint R&D projects in separate agreements. The impact on consolidated results for the fiscal year ending December 2026 is expected to be minor, and material matters will be disclosed promptly as they arise.
Kuramoto Manufacturing Co., Ltd.
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