Translation
February 28, 2022 | |
Company Name: | Warabeya Nichiyo Holdings Co., Ltd. |
Representative: | Hiroyuki Otomo, Representative Director, President |
(Securities code: 2918, Tokyo Stock Exchange First Section) | |
Contact: | Naoshi Asano, Director, Managing Executive Officer |
(Tel: 03-5363-7010) |
(Revision of Disclosed Matter) Notice Regarding the Business Expansion into
the East Coast Area of the U.S. and Establishment of a New Plant
Warabeya Nichiyo Holdings Co., Ltd. (hereinafter the "Company") has decided to revise a portion of the plan for the establishment of a new plant, which was announced in "Notice Regarding the Business Expansion into the East Coast Area of the U.S. and Establishment of a New Plant" on July 6, 2021, today as follows.
1. Details of Revision | ||
Item | Initial Plan | After Revision |
Approximately $44 million | Approximately $54 million | |
Total investments | (Approximately ¥4.8 billion) | (Approximately ¥6.2 billion) |
(Land and buildings will be leased) | (Land and buildings will be leased) |
- Reason for Revision
The Company has revised the initial plan as it reviewed the plant layout, and because of the impact of rising construction material prices. - Future Outlook
This plan revision will not impact the consolidated results for this fiscal year.
Note: This English translation is provided solely for information purposes. Should there be any discrepancies between this translation and the Japanese original, the latter shall prevail.