Green Earth Institute Co., Ltd.

9212.T
Specialty Chemicals
2026/09/25 17:58 Updated
Market Cap: $22.6M (¥3.6B)
Stock Price: $1.99 (¥313)
Exchange Rate: 1 USD = ¥157.48

Addition of Enzyme Evaluation Items in Joint Research and Development Agreement Toward Commercialization of the Biorefinery

Addition of enzyme evaluation items in the joint R&D agreement with Daio Paper. Newly added evaluation and usage conditions for domestic and international enzymes to optimize continuous simultaneous saccharification and fermentation (GWE process). The total development cost for 2025–2027 is 801,809 thousand yen. No impact on the 2026 September period results.

Importance:
Page Updated: September 25, 2026
IR Disclosure Date: September 25, 2026

Key Figures

  • Total development cost for this project: 801,809 thousand yen (3-year period)
  • Allocation of development costs after contract changes: Fiscal year ending September 2025, 2026, 2027, 2028
  • Timing of impact on sales: From the fiscal year ending September 2027 onward

AI要約

Outlook

The addition could become a driver of higher sales for GEI from the fiscal year ending September 2027 onward, but its direct impact on the 2026 results is currently unknown. The new enzyme evaluation items are expected to strengthen competitiveness of the GWE process and reduce costs.

Background and details

GEI is promoting a bioethanol production process (GWE) using wood-derived pulp as feedstock within the framework of the joint development contract with Daio Paper. The new item involves evaluating domestic and international enzymes and optimizing usage conditions to improve sugar yield and reduce overall costs.

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Green Earth Institute Co., Ltd.

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