TOKYO, Jun 18 (Pulse News Wire) – Himeji Rika CO.,LTD. (322A.T) announced today that its subsidiary, Yokohama Quartz Corporation, has received approval for a grant aimed at creating jobs in disaster-stricken areas affected by tsunamis and nuclear accidents.
The grant, totaling ¥661 million, will support the equipment investment at Yokohama Quartz's newly established Shihoku factory, which was completed in December 2025. The company expects to recognize this grant income as extraordinary profit in the fiscal year ending December 2026.
Additionally, Himeji Rika plans to apply the deferred revenue accounting method (reserve fund approach). Any further developments requiring disclosure will be communicated promptly.
🟢 Confidence: High AI-translated content.