Abalance Corporation
Notice Regarding the Construction of a New Solar Cell Factory in the United States by Our Consolidated Subsidiary
Decision to construct a new solar cell factory by TOYO in Texas, USA. Capex of about ¥57.1 billion, annual production capacity of 1.5 GW, construction start planned for April 2027, completion planned for April 2028. The impact on the consolidated results for the fiscal year ending March 2026 is expected to be minor.
Key Figures
- Investment amount: USD 357 million (about ¥57.1 billion)
- Production capacity: 1.5 GW
- Scheduled start of construction: April 2027
- Scheduled completion: April 2028
AI要約
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Decision to build a new US solar cell factory by consolidated subsidiary TOYO. With a view to strengthening the domestic US supply chain and utilizing local subsidies, expanding production capacity for high-efficiency HJT cells. Investment amount: USD 357 million, with an assumed production capacity of 1.5 GW. Location around the factory in Humble, Texas; land and buildings are leased; only capital expenditures are included.
Outlook and Impact
The impact on the consolidated results for the fiscal year ending March 2026 is expected to be minor; however, there may be additional disclosures depending on circumstances. The construction and completion schedules are the current outlook and may be revised due to various factors.
Abalance Co., Ltd.
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