Kuramoto Co., Ltd.
Notice Regarding Conclusion of Joint Venture/Investment/Shareholders Agreement for Perovskite Solar Cell Business and Partial Change to Investment Terms
Jushi Chemical Hong Kong will postpone the payment timing of its second contribution of 500,000 USD to the subsidiary to mid-October 2026 (estimated). The total investment framework remains 5,900,000 USD; the contribution method and procedures for issuing new shares will be decided later. This is only a timing adjustment due to delay in funding sources, with no change to the basic framework. The future impact is under review and a revision to earnings forecasts may be possible.
Key Figures
- Total investment amount: 5,900,000 USD
- Payment date for 2nd contribution: Mid-October 2026 (estimated)
- Amount of 2nd contribution: 500,000 USD
AI要約
Changes to Business Partnership and Investment Terms
This notice informs that Jushi Chemical Hong Kong has notified a postponement of the payment timing for the second contribution of 500,000 USD to mid-October 2026 (estimated). The overall framework of the total investment of 5,900,000 USD remains unchanged. Matters related to the issuance of new shares by the subsidiary in connection with the investment will be determined through resolutions of the board of directors in due course.
Outlook and Impact
There is no change to the investment plan for the third and subsequent contributions, and once the payment timing is determined it will be promptly disclosed. This postponement is a reasonable adjustment considering administrative procedures and remittance processing, and the effect on Kuramoto Co., Ltd.'s consolidated results for the fiscal year ending December 2026 is currently being examined; if necessary, a revision to earnings forecasts may be considered.
Kuramoto Co., Ltd.
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