Disclosure of incidental events related to an opinion submission by TOYO under the TOYO umbrella, in connection with U.S. Ethiopia de-routing export investigation; including a mid-term report. Summarizes CBP detention notices, formal start of investigation, and scope of products. 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Summarizes CBP detention notices, formal start of investigation, and scope of products. States future disclosure policy and response plan.","jir_summary":"### Background and context\nIn connection with exports of solar products by TOYO Holdings\u2019 consolidated subsidiary, a petition for the U.S. Department of Commerce\u2019s Ethiopia de-routing export investigation has been filed, and there are imported shipments detained by CBP. The target products were completed and assembled in Ethiopia and ultimately exported to the United States, with related review under the Uyghur Forced Labor Prevention Act. TOYO has submitted documentation for exemption and the review timing is undecided. The investigation has officially begun, and the company intends to actively assert its position moving forward.\n\n### Outlook and response\nTOYO and its Ethiopian subsidiary have not engaged in manufacturing or exporting the relevant products to date, and will promptly notify if there are any items to disclose. The scope of the investigation may extend to products finished and exported from Ethiopia using Chinese components, possibly including products exported to the United States via Vietnam with additional inputs. TOYO will continue to advocate and defend its position.","jir_financial_highlights":"Total amount of detained solar cells: approximately 0.094 MW (unknown)\nValue equivalent of detained cargo: approximately 2,203 thousand yen (equivalent to 13,770 USD) (unknown)","jir_category":"","jir_hashtags":"#Abalance, #Energy-relatedIRDisclosureAnalysis","jir_key_figures":"Detained cargo total: approximately 0.094 MW\nValue equivalent of detained cargo: approximately 2,203 thousand yen (13,770 USD equivalent)\nInvestigation start date: 2026-07-17","jir_meta_title":"\u3010A balance\u3011Notice of U.S. Ethiopia de-routing export investigation\uff5cAugust 21, 2026","jir_meta_description":"Disclosure regarding the U.S. Ethiopia de-routing export investigation involving TOYO under TOYO; details on detention notice, formal start of investigation, and future actions. Timing of review is undecided.","jir_og_title":"\u3010A balance\u3011Notice of U.S. Ethiopia de-routing export investigation","jir_og_description":"Summary of detention notice, formal start of the investigation, and future actions related to TOYO in connection with the U.S. Ethiopia de-routing export investigation.","jir_og_image_url":"\/assets\/og\/company-tender_offer.jpg","jir_chart_data_collection":"[]","ir_related_company":59421,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"tender_offer","footnotes":""},"sector":[],"importance":[],"class_list":["post-106042","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n