Okura Industrial will establish a joint venture with the BOE Group in Hefei, Anhui Province, China, with capital of approximately 13.4 billion yen to expand its optical film business for 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-03-24","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/4221-20260324-02.pdf","jir_short_summary":"Okura Industrial will establish a joint venture with the BOE Group in Hefei, Anhui Province, China, with capital of approximately 13.4 billion yen to expand its optical film business for displays.","jir_summary":"### Overview of Joint Venture Establishment\nOkura Industrial Co., Ltd. has decided to enter into a joint venture agreement with Beijing BOE Materials Technology Co., Ltd., a subsidiary of the BOE Group, to establish a joint venture in Hefei City, Anhui Province, China, for the purpose of manufacturing and selling optical films for polarized plates used in displays. The capital is 600 million RMB (approximately 13.4 billion yen), with the investment ratio being 66% for BOE and 34% for Okura Industrial. The joint venture aims to expand sales of acrylic films for protecting polarized plates in large displays and phase difference films for IPS viewing angle compensation, contributing to establishing a global competitive advantage.\n\n### Future Outlook and Strategic Significance\nThis joint venture is expected to contribute to the company\u2019s medium-to-long-term corporate value enhancement, stabilizing the customer base of existing businesses, strengthening access to advanced technologies, building reliability in local business environments, enhancing cost competitiveness through supply chain optimization, and diversifying and stabilizing business risks. The impact on consolidated earnings for the fiscal year ending December 2026 is currently under review and will be promptly disclosed if necessary.","jir_financial_highlights":"Joint Venture Capital: 600 million RMB (approx. 13.4 billion yen) (Unknown)\nInvestment Ratio: BOE 66%, Okura Industrial 34% (Unknown)\nBOE Group Consolidated Net Sales (Fiscal Year Ending December 2024): 198,380,605,661 RMB (approx. 4,435.7 billion yen) (Year-over-Year Increase)","jir_category":"","jir_hashtags":"#OkuraIndustrial, #M&A, #JointVentureEstablishment, #JapaneseStocks","jir_key_figures":"Joint Venture Capital: 600 million RMB (approx. 13.4 billion yen)\nInvestment Ratio: BOE 66%, Okura Industrial 34%\nBOE Group Consolidated Net Sales (Fiscal Year Ending December 2024): 198,380,605,661 RMB (approx. 4,435.7 billion yen)","jir_meta_title":"Okura Industrial to Expand Display Business Through Joint Venture with BOE Worth Approximately 13.4 Billion Yen","jir_meta_description":"Okura Industrial establishes a joint venture with BOE Group in Anhui Province, China, with capital of approximately 13.4 billion yen to strengthen manufacturing and sales of optical films for displays. Aiming for medium-to-long-term corporate value enhancement.","jir_og_title":"Okura Industrial Announces Joint Venture Establishment with BOE","jir_og_description":"Okura Industrial and BOE Group establish a joint venture to expand optical film business for displays with capital of approximately 13.4 billion yen.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17216,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"m_and_a_alliance","footnotes":""},"sector":[],"importance":[],"class_list":["post-35929","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n