Source disclosure: March 06, 2026, 15:30 JST
Published by Pulse News Wire: March 06, 2026, 15:48 JST
Asukanet Company,Limited [2438.T]
TOKYO, Mar 06 (Pulse News Wire) – Asukanet Company,limited (2438.T) announced today that its Technology Development Center will be closed effective May 31, 2026. The decision was made during a board meeting held, as part of efforts to streamline operations and reduce fixed costs amid a strategic review of growth initiatives aimed at commercializing airborne display technology.
The center, located in Kanagawa, Sagamihara Shi Midori Ku, was established in June 2020 and primarily focused on developing production techniques for glass-based ASKA3D plates. With eight employees as of February 2026, the company plans to cease internal investment in establishing a production system for these plates and prioritize inventory sales. Future production will rely on external sources once existing stock is depleted.
Additionally, patents and manufacturing know-how related to resin-based ASKA3D plates will be licensed out to generate new revenue streams. Affected employees will undergo reassignment within the company. Regarding potential impacts on consolidated earnings, impairment losses on fixed assets owned by the center were recognized in the fiscal year ended April 2025.
A detailed assessment of recovery costs and their effect on future performance is ongoing, and any necessary adjustments to forecasts will be communicated promptly.
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