KODAMA CHEMICAL INDUSTRY CO.,LTD. [4222.T]
TOKYO, May 14 (Pulse News Wire) – Kodama Chemical Industry CO.,LTD. (4222.T) announced today that its subsidiary, Diamet Sintered Metal India Pvt.
Ltd., based in Gurugram, India, will undergo capital increase through share allotment. The investment amount is ₹¥200 million, aimed at securing operational funds for the upcoming production launch scheduled for October 2026. The effective date of the investment is set for May 19, 2026. Diamet Sintered Metal India Pvt.
Ltd., established on September 30, 2024, currently operates in manufacturing automotive parts. Following the,Kodama Chemical Industry's indirect holding ratio through Diamet Sintered Metal Corporation will stand at 100%. As of March 2025, the company reported total assets of ₹¥256.74 billion and an operating loss of ₹¥38.847 billion. The impact on the current fiscal performance is expected to be minor.
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