Kyocera Corporation plans to build a manufacturing plant on 37 acres of land in Isahaya City, Nagasaki Prefecture, to expand its production capacity. The company did not say which products will be made at the new facility.
Kyocera A/NZ team at Pacprint
“The company’s vision for a new plant in Isahaya City comes amid plans to increase production capacity both domestically and internationally, at a time when existing Kyocera campuses have little or no room to expand,” the company said.
“The choice of Isahaya City was based on many attributes necessary to optimize future business development, including the area’s convenient transportation options, excellent human resources, and superior local infrastructure including energy.”
Kyocera has made an offer to acquire approximately 150,000 square meters (about 37 acres) in the Minami Isahaya Industrial Park. It predicted the new plant would be ready to begin operations by 2026.
“Kyocera aims to achieve sales of JPY 2 trillion in its current fiscal year (ending March 31, 2023) and has set a long-term sales target of JPY 3 trillion by the fiscal year ending March 31, 2029.
“The company’s capital investment is expected to reach a record high of JPY 200 billion in the current fiscal year, mainly due to strong demand for components related to advanced semiconductors.
“Kyocera plans even higher levels of investment in FY2024 and beyond, as compared to the FY2023 projection.
“Kyocera believes its future growth plans can contribute to the development of the local community by revitalizing the economy of Nagasaki Prefecture and creating new employment opportunities.”
Kyocera last month reported a strong first half despite challenges. Sales revenue for the first half to September 30 was up 15.5% but profit increased only slightly due to price increases in raw materials and a one-time cost of 7 billion yen from a US lawsuit.
Kyocera Corporation (TOKYO:6971, https://global.kyocera.com/), the parent and global headquarters of the Kyocera Group, was founded in 1959 as a producer of fine ceramics. By combining these engineered materials with metals and integrating them with other technologies, Kyocera has become a leading supplier of industrial and automotive components, semiconductor packages, electronic devices, smart energy systems, printers, copiers, and mobile phones. During the year ended March 31, 2022, the company’s consolidated sales revenue totaled 1.8 trillion yen (approx. US$15.1 billion).
Kyocera Document Solutions last year celebrated 30 years in the Australian market and has offices in Sydney, Canberra, Adelaide, Melbourne, Perth, Brisbane and Auckland, employing over 200 people.
https://www.kyoceradocumentsolutions.com.au
