KOKUSAI ELECTRIC CORPORATION [6525.T]
TOKYO, Apr 28 (Pulse News Wire) – Kokusai Electric Corporation (6525.T) decided to acquire land adjacent to its Ishikawa plant in Toyama Prefecture. The acquisition aims to support future growth in the semiconductor-related market, which is expected to expand more rapidly than initially anticipated.
The acquired land, located near the Ishikawa plant in the city of Ishikawa, Toyama Prefecture, covers approximately 43,000 square meters. The estimated cost of the acquisition is approximately April 28, 2026. The purpose of the land remains undetermined but could contribute to various initiatives within the group, such as production and research and development activities.
Details of the transaction include: - Location: Takayama Ishikawa Second District (Ishikawa City, Toyama Prefecture) - Area: Approximately __NUM_3__ square meters - Cost: Approximately April 28, 2026 The acquisition is subject to approval by the Ishikawa City Council and is expected to be completed around September [DATE_1]. The company stated that the acquisition will not impact the current fiscal performance. Any further developments related to this acquisition will be disclosed promptly.
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