ARE Holdings, Inc.
Notice Regarding the Decision to Grant the Large-Scale Growth Investment Subsidy
Asahi Pretec Corporation, a wholly owned subsidiary, has been awarded a large-scale growth investment subsidy of approximately 1,911,333,332 yen for capital investment of approximately 6,167,208,792 yen. The implementation is planned from March 2026 to December 2027.
Key Figures
- Project costs subject to subsidy: 6,167,208,792 yen
- Maximum subsidy amount: 1,911,333,332 yen
- Grant period: March 2026 ~ December 2027
AI要約
Overview of Subsidy Grant
Asahi Pretec Corporation, a wholly owned subsidiary of our company, has been selected for the Ministry of Economy, Trade and Industry’s “Large-Scale Growth Investment Subsidy for Labor-saving and Wage Increase Measures for SME and Mid-sized Companies” under the project to “Expand Precious Metal Recycling Capacity,” and the subsidy grant has been decided. Total project costs subject to subsidy amount to 6,167,208,792 yen, with a maximum subsidy limit of 1,911,333,332 yen, and the grant will be provided from March 2026 to December 2027.
Business Purpose and Future Outlook
This project is based on the medium- to long-term vision announced in April 2024, aiming to develop new business fields and strengthen production capacity. By enhancing manufacturing equipment at the Bando Factory and installing new equipment to handle new elements, the company seeks to improve productivity and enter new markets. In particular, strengthening recycling capacity for PGM (Platinum Group Metals) will contribute to reducing resource import dependence. Related factories and the Techno Center will also promote equipment upgrades and labor-saving investments to build a sustainable resource supply system. The production facilities are scheduled to become operational from the fiscal year ending March 2027, and the impact on current fiscal results is expected to be minimal.
