AOI Electronics TO ISSUE SHARES TO NISSHA CHEMICAL FOR GROWTH FUNDING

TOKYO, Jul 31 (Pulse News Wire) – AOI Electronics CO.,LTD. (6832.T) announced plans to issue ordinary shares to Nissha Chemical Industry Co., Ltd.

On August 18, 2026, to raise funds for advanced packaging production equipment and research and development investments. The transaction involves issuing 378,100 shares at a price per share of ¥2,609, totaling ¥986.5 million. The funds raised will support the expansion of AOI's new business areas, particularly advanced packaging, aiming to enhance competitiveness and strengthen long-term growth prospects. The deal reflects AOI’s strategic focus on fostering deeper ties with key partner Nissha Chemical, which holds significant expertise in LED technology and materials.

Nissha Chemical, founded in 1956, currently maintains a capital of ¥52.03 billion and reported a net profit of 21,335 million yen for the fiscal year ending December 31, 2025. With this investment, AOI expects to bolster its production capabilities and technological advancements, contributing to sustained shareholder value enhancement. Following the issuance, Nissha Chemical will hold approximately 5.18% of AOI's outstanding shares, becoming a major shareholder. The move also aligns with AOI’s broader strategy to optimize resource allocation towards high-growth sectors while maintaining robust financial health.