Revised the LiB recycling plant expansion plan, increasing total investment from approx. 9.5 billion yen to approx. 14.5 billion yen. Completion and start-up timing postponed from October 2026 \/ during 2027 to during 2027 \/ during 2027, respectively. Funding will be secured through borrowings from financial institutions. 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Completion and start-up timing postponed from October 2026 \/ during 2027 to during 2027 \/ during 2027, respectively. Funding will be secured through borrowings from financial institutions. The start timing of the new business is also changed to during 2029.","jir_summary":"### Overview of Plan Changes\nBased on demonstration tests of the LiB recycling business, additional equipment investments and specifications revisions for certain processes at the Iwaki plant will be implemented. Rising material and labor costs and the impact of Middle East geopolitical conditions have driven up capital expenditures and extended construction periods. A new power reception plan and changes to the power grid are required, prolonging the construction period. Total investment has been increased to approx. 14.5 hundred million yen, and funding will be secured through borrowings from financial institutions.\n\n### Outlook and Impact\nThere is no change to the consolidated earnings guidance for the fiscal year ending September 2026; guidance for the fiscal year ending September 2027 will be announced separately. The new capital investment and construction delays are intended to enhance long-term production capacity and competitiveness. The company will continue to adopt environmentally conscious processes aimed at reducing CO2 and wastewater.","jir_financial_highlights":"Total investment: approx. 14.5 hundred million yen (Before change approx. 9.5 hundred million yen \u2192 After change approx. 14.5 hundred million yen)\nPlanned completion: During 2027 (Before change October 2026 \u2192 During 2027)\nPlanned start of operations: During 2027 (Before change October 2026 \u2192 During 2027)","jir_category":"","jir_hashtags":"#AsakaRiken, #ChangeToDisclosedMatters_FactoryExpansion, #LiBRecycling","jir_key_figures":"Total investment: approx. 14.5 hundred million yen\nPlanned completion: During 2027\nPlanned start of operations: During 2027","jir_meta_title":"Asaka Riken Co.,Ltd. Announces Changes to Factory Expansion and New Business Start\uff5cCompletion and Start-up During 2027","jir_meta_description":"Asaka Riken Co.,Ltd. has revised the LiB recycling plant expansion plan, raising total investment to 14.5 hundred million yen and postponing completion and start-up to during 2027. Funding will be secured through bank borrowings. Overview of outlook and impacts.","jir_og_title":"Asaka Riken Co.,Ltd. Announces Changes to Factory Expansion and New Business Start\uff5cCompletion and Start-up During 2027","jir_og_description":"Expanding LiB recycling capital investment and extending the construction timeline. The timing for starting the new business has also been revised. Explains the outlook and the company's environmental measures.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":58043,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-137779","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n