As part of its China business expansion, JSP Corporation will establish JSP Advanced Materials (Quanzhou) Co., LTD. Capital will be 1,200 million USD and the company will be 100% owned; planned establishment date December 2026 and commencement December 2026. 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Capital will be 1,200 million USD and the company will be 100% owned; planned establishment date December 2026 and commencement December 2026. Impact on consolidated results for the current fiscal year is expected to be minimal.","jir_summary":"### Business and Organizational Expansion and Establishment of a Specified Subsidiary\nJSP Corporation announced the establishment of JSP Advanced Materials (Quanzhou) Co., LTD. in Quanzhou City, Fujian Province, China. The business will manufacture and sell expandable polypropylene beads. Capital will be 1,200 million USD, and the company will be a 100% consolidated subsidiary of JSP Corporation. The establishment date is planned for December 2026, with the board resolution made on the same date; capital injection is scheduled between December 2026 and January 2027, and business commencement is planned for December 2026. The impact on consolidated results for the current fiscal year is expected to be minimal, and any additional disclosures will be made as necessary.\n\n### Future Impact and Disclosure Policy\nThis investment is aimed at strengthening the business base in the Chinese market, and direct impact on consolidated results is considered limited. The capital relationship will be a specified subsidiary wholly owned by JSP Corporation, and JSP Corporation will dispatch directors as personnel relationships. Progress and financial impacts will be promptly disclosed if material disclosure items arise.","jir_financial_highlights":"Capital: 1,200 million USD (Unknown)\nEquity Ownership: 100% (Unknown)","jir_category":"","jir_hashtags":"#JSPCorporation_IR_specific_theme_to_be_described_later","jir_key_figures":"Capital: 1,200 million USD\nEquity Ratio: 100%\nPlanned Establishment Date: December 2026\nBusiness Commencement Date: December 2026 (planned)","jir_meta_title":"JSP Corporation Announces Establishment of Specified Subsidiary | Planned Start December 2026","jir_meta_description":"JSP Corporation will establish a Chinese subsidiary, JSP Advanced Materials (Quanzhou) Co., LTD., as a 100% owned entity with capital of 1,200 million USD. Business commencement is planned for December 2026. The impact on consolidated earnings is expected to be minimal.","jir_og_title":"JSP Corporation Announces Establishment of Specified Subsidiary | Planned Start December 2026","jir_og_description":"JSP Corporation will establish a specified subsidiary in China with 100% ownership and capital of 1,200 million USD. Business commencement is planned for December 2026. Impact on consolidated results for the current fiscal year is expected to be minimal.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":16864,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-145636","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n