Source disclosure: February 06, 2026
FUKUVI CHEMICAL INDUSTRY CO.,LTD. [7871.T]
TOKYO, Feb 06 (Pulse News Wire) – Fukuvi Chemical Industry CO.,LTD. (7871.T) announced today that its wholly-owned subsidiary, Fu Kubi Okayama Kabushiki Kaisha, received a notification of grant decision for the Ministry of Economy, Trade and Industry's large-scale investment aid program aimed at productivity enhancement for mid-sized and small enterprises.
The adoption was initially disclosed on October 14, 2025, and the formal grant decision was made effective as of October 10, 2025. The project involves constructing a second production facility for high-performance phenolic foam insulation materials called 'Phenoboard.' The total investment scale is ¥3.652 billion, with the upper limit of the subsidy being ¥900 million.
However, the actual amount granted could vary based on post-completion inspections. The completion of the subsidized project is scheduled for October 2027.
Any future events requiring disclosure related to the acquisition cost of fixed assets and the receipt of subsidies will be promptly communicated.
AI-translated content. 🟢 Confidence: High See terms • Original filing