OSAKA Titanium technologies Co.,Ltd.
Notice Regarding Change in Investment Amount for Sponge Titanium Production Capacity Expansion
The capital investment amount for expanding sponge titanium production capacity has been revised from the initial 33 billion yen to 39 billion yen. The primary causes are rising raw material and labor costs, with completion targeted by fiscal 2027.
Key Figures
- Capital Investment Amount Before Change: 33 billion yen
- Capital Investment Amount After Change: 39 billion yen
- Target Completion: Within Fiscal 2027
AI要約
Background of Change in Capital Investment Plan
Based on the sponge titanium production capacity expansion plan announced on September 2, 2024, capital investment has been advanced utilizing existing infrastructure at the head office and Amagasaki Plant; however, due to increases in raw material prices, materials and supplies costs, and labor expenses, a review of the initially planned investment amount became necessary. Accordingly, the capital investment amount was decided to be changed from 33 billion yen to 39 billion yen.
Future Plans and Outlook
Capital investment works will proceed with new construction and expansions, aiming for completion within fiscal 2027. Through increased production capacity, the company intends to promote growth in its titanium business and contribute to industry development. This change in investment amount is judged to have minimal impact on the current fiscal year (ending March 2026) financial results. The company will continue to promptly disclose information as necessary going forward.
