A joint venture investment agreement for the Perovskite solar cell business was signed on September 10, 2026, with a total investment of 5,900,000 USD. The method of currency translation was changed, and the number of shares issued for the first tranche was fixed at 4,641 shares. The subsequent payments from the second tranche onward and the consolidation scope will be determined, and the final ownership ratio will be decided based on the exchange rate on the payment dates.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"5216","jir_company_name":"Kuramoto Manufacturing Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-09-11","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/5216-20260911-01.pdf","jir_short_summary":"A joint venture investment agreement for the Perovskite solar cell business was signed on September 10, 2026, with a total investment of 5,900,000 USD. The method of currency translation was changed, and the number of shares issued for the first tranche was fixed at 4,641 shares. The subsequent payments from the second tranche onward and the consolidation scope will be determined, and the final ownership ratio will be decided based on the exchange rate on the payment dates.","jir_summary":"### Overview\nThis notice reports the signing of a joint venture\/investment agreement related to the Perovskite solar cell business through Kuramoto Manufacturing Co., Ltd. and changes to the investment conditions. \u805a\u77f3\u5316\u5b78\u9999\u6e2f (Hong Kong) will invest a total of 5.9 million USD in 12 installments, with ordinary shares to be issued by our subsidiary for each payment. The method of currency translation has changed from a fixed rate of 1 USD = 158 JPY to daily translation based on the TTS rate.\n\n### Outlook and impact\nThe actual number of issued shares and ownership ratio for payments from the second installment onward will be fixed according to the exchange rate on each payment date. The total number of issued shares and ownership ratio have not been finalized at this time, and changes to the consolidation scope will be settled through future discussions. The impact on the consolidated results for the FY2026 is currently under review, and any necessary revisions to earnings guidance will be disclosed if required.","jir_financial_highlights":"Total investment in \u805a\u77f3\u5316\u5b78\u9999\u6e2f: 5,900,000 USD (Unknown)\nNumber of shares issued for the first investment: 4,641 shares (Previously disclosed 4,740 shares planned \u2192 fixed)\nOwnership ratio after the first capital increase: Our company 86,392 shares (94.90%) \/ \u805a\u77f3\u5316\u5b78\u9999\u6e2f 4,641 shares (5.10%) (Before change: 86,392 shares (94.90%)\/93,220 shares (5.10%))","jir_category":"","jir_hashtags":"#KuramotoManufacturingCo.,Ltd., #DisclosureUpdate, #PerovskiteSolarCell, #JointVentureInvestment","jir_key_figures":"Total investment: 5,900,000 USD\nNumber of shares issued for the first investment: 4,641 shares\nOwnership ratio after the first round: Kuramoto Manufacturing Co., Ltd. 94.90%, \u805a\u77f3\u5316\u5b78\u9999\u6e2f 5.10% (currently provisional)","jir_meta_title":"Kuramoto Manufacturing Co., Ltd. Joint Venture Investment Agreement for Perovskite Business and Change to Investment Conditions | September 2026","jir_meta_description":"Kuramoto Manufacturing Co., Ltd. signed a joint venture\/investment agreement for the Perovskite solar cell project on September 10, 2026. Total investment amount of 5.9 million USD, translation method changed to the TTS rate. First investment issued 4,641 shares; final ownership ratio not yet determined. Consolidation scope and ownership ratio to be determined by future payments; impact on earnings under review.","jir_og_title":"Kuramoto Manufacturing Co., Ltd. Joint Venture Investment Agreement for Perovskite Project and Change to Investment Conditions | September 2026","jir_og_description":"Kuramoto Manufacturing Co., Ltd. signs a joint venture investment agreement for the Perovskite solar cell project. Total investment amount 5.9 million USD, translation method changed. First investment issues 4,641 shares; final ownership ratio to be determined by future payments. Earnings impact not yet determined.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59503,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-113226","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n