Alconix subsidiary secures government subsidy for growth investment

Alconix Corporation announced that its consolidated subsidiary, Fuji Carbon Manufacturing Co., Ltd., has received a subsidy from the Ministry of Economy, Trade and Industry. The funding is part of the "Large-scale Growth Investment Subsidy for Labor-saving, etc., to Improve Wages for Mid-sized and Small and Medium-sized Enterprises" program. This funding is specifically for a project titled "Challenging a Global Niche Top Company through Improvements in the Raw Material Blending Process."

The decision date for the grant was November 6, 2025. The eligible expenses for the subsidy total JPY 4,633,786,349, with a maximum subsidy amount set at JPY 1,544,595,448. The actual grant amount may fluctuate based on inspections conducted after the completion of the subsidized project.

The objectives of the subsidized project include improving production capacity through a layout review of the carbon raw material blending process and the introduction of new equipment. Furthermore, it aims to achieve labor savings and improve the working environment by automating manual tasks and implementing high-efficiency equipment. Alconix stated that this subsidy will not impact its consolidated earnings forecast for the fiscal year ending March 2026.