EDP Corporation

2026/10/28 18:47 Updated
Market Cap: $100.5M (¥15.9B)
Stock Price: $6.10 (¥964)
Exchange Rate: 1 USD = ¥157.98

Notice of Conclusion of Joint Development Agreement with Honda R&D Co., Ltd. Regarding Materials for Diamond Devices

EDP Corporation has concluded a joint research agreement with Honda R&D Co., Ltd. on materials for diamond devices. The period runs from 2026-11-01 for three years. Both parties will share responsibilities for developing large wafers and performing quality evaluation, with costs borne by both parties. The project will be incorporated into the medium-term plan, and part of funds obtained through financing will be allocated to it. The immediate impact on near-term results is expected to be minor.

Importance:
Page Updated: October 28, 2026
IR Disclosure Date: October 28, 2026

Key Figures

  • Joint research period: From 2026-11-01 for three years
  • Fund allocation: Funds are planned to be allocated to this joint research (specific amount unknown)
  • Impact: Expected to have a minor impact on this fiscal year’s results

AI要約

Overview and Purpose of the Partnership

EDP Corporation has entered into a joint development agreement with Honda R&D Co., Ltd. to accelerate R&D of materials for diamond devices. The two companies will share tasks aimed at practical application of large wafers of 2 inches or greater, establishing practical conditions through wafer fabrication and quality evaluation. The contract period is three years starting from 2026-11-01, and joint research costs will be borne by both parties.

Funding and Future Outlook

This fiscal year’s development expenses have been budgeted, and a portion of funds obtained through financing will be allocated to this joint research. Although there may be purchases of equipment, the impact on cash flow is expected to be minor, and results are incorporated into the medium-term management plan. We will promptly disclose any matters that should be disclosed going forward.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

EDP Corporation

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