J.E.T. Co., Ltd.
(Disclosure item halt) Notice of decision to decline grant for the large-scale growth investment subsidy project for wage increases in medium and small enterprises (First Public Offering) under the revised budget for FY2025
In response to corrections of financial information related to the subsidy application, we decline the grant decision for the wage-increase investment subsidy project. The subsidy usage will not be canceled, and construction will continue with internally funded resources. Impact on future earnings is expected to be minor at this stage.
Key Figures
- Grant decision amount (after plan change): 870,764,019 yen
- Subsidy name: FY2025 Revised Budget for Large-Scale Growth Investment Subsidy for Wage Increases in Medium and Small Enterprises (First Public Offering)
- Grant decision notice date (after plan change): 2025-12-25
AI要約
Background and decision
We have decided to decline the grant decision for the large-scale growth investment subsidy project for wage increases in medium and small enterprises (First Public Offering). The reason for the decline is that there were corrections to prior years' financial information due to management misconduct, necessitating adjustments to related financial statements.
Overview of the subsidy project and impact of the decline
The subsidy project name is as stated above, and the grant decision amount after plan change is 870,764,019 yen. Even after declining the grant, construction will not be halted; it will continue with internal funding, without utilizing the subsidy.
J.E.T. Co., Ltd.
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