Okura Industrial has signed a joint venture agreement with Beijing BOE Materials Technology Co., Ltd., a subsidiary of the BOE Group, and will establish a joint venture company in Anhui Province, China, with capital of approximately 13.4 billion yen on March 31, 2026.<\/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 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-04-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/4221-20260410-01.pdf","jir_short_summary":"Okura Industrial has signed a joint venture agreement with Beijing BOE Materials Technology Co., Ltd., a subsidiary of the BOE Group, and will establish a joint venture company in Anhui Province, China, with capital of approximately 13.4 billion yen on March 31, 2026.","jir_summary":"### Overview of Joint Venture Establishment\nOkura Industrial Co., Ltd. concluded a joint venture agreement with Beijing BOE Materials Technology Co., Ltd., a subsidiary of the BOE Group, on March 24, 2026, and established the joint venture company 'Hefei Jingkura New Materials Technology Co., Ltd.' in Hefei City, Anhui Province, China. The capital is 600 million RMB (approximately 13.4 billion yen), with BOE holding 66% and Okura Industrial holding 34%. The business involves manufacturing and sales of optical films for polarizers used in displays, and the fiscal year ends in December.\n\n### Future Outlook and Impact\nThrough the establishment of this joint venture, Okura Industrial aims to expand its optical film business in the Chinese market. Participating with a 34% equity interest, enhanced collaboration with the BOE Group is anticipated. The establishment procedures have been completed, and preparations for business commencement are underway. While specific impacts on performance are currently unknown, this is positioned as part of the medium-to-long-term growth strategy.","jir_financial_highlights":"Capital: 600 million RMB (approx. 13.4 billion yen) (Unknown)\nEquity Ratio: BOE 66%, Okura Industrial 34% (Unknown)\nDate of Joint Venture Establishment: 2026-03-31 (Unknown)","jir_category":"","jir_hashtags":"#OkuraIndustrial, #JointVentureEstablishment, #M&A, #JapaneseStocks","jir_key_figures":"Capital: 600 million RMB (approx. 13.4 billion yen)\nEquity Ratio: BOE 66%, Okura Industrial 34%\nDate of Joint Venture Establishment: 2026-03-31","jir_meta_title":"Okura Industrial Completes Establishment of Joint Venture in China with Capital of Approx. 13.4 Billion Yen (March 2026)","jir_meta_description":"Okura Industrial establishes a joint venture with the BOE Group in Anhui Province, China. Capital is 600 million RMB (approx. 13.4 billion yen), with Okura Industrial holding 34%. Strengthening the optical film business for displays.","jir_og_title":"Okura Industrial Completes Establishment of Joint Venture in China","jir_og_description":"Okura Industrial establishes a joint venture with the BOE Group aiming to expand its business in the Chinese market. Capital approx. 13.4 billion yen, establishment date March 31, 2026.","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-39847","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n