TOKYO, Mar 13 (Pulse News Wire) – Kuramoto CO.,LTD. (5216.T) adjusted its funding allocation for various projects due to lower-than-expected exercise of warrant rights.
Originally planned for deployment in battery, robotics, and emerging technology sectors, the funds totaling ¥2.104 billion now face delays and reallocation. Specifically, the company shifted ¥252 million intended for early repayment of ADR debt towards additional equipment investment for perovskite solar cell production. Additionally, Kuramoto established a wholly-owned subsidiary through a new company split on December 15, 2025 to manage perovskite-related operations.
However, negotiations with potential capital partners remain ongoing without concrete agreements. As such, the timeline for deploying the remaining funds has been extended until 2027. In light of these changes, Kuramoto's plans for ramping up production lines and research activities in robotics and electronic commerce have also been postponed.
The company expects to secure necessary financing once market conditions improve and strategic partnerships solidify.
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