Brief: Koito Manufacturing: To Invest 20 Billion Yen For New Mexico Plant, 13 Billion Yen For Brazil Plant Expansion

KOITO MANUFACTURING

17/09/2024 03:04

Sept 17 (Reuters) - Koito Manufacturing Co Ltd  7276.T :
    * KOITO MANUFACTURING CO LTD - TO FURTHER ENHANCE OUR
PRODUCTION
CAPACITY BY CONSTRUCTING A NEW PLANT IN MEXICO AND EXPANDING THE
PLANT IN BRAZIL
    * KOITO MANUFACTURING - TO INVEST 20 BILLION YEN FOR NEW
MEXICO
PLANT, 13 BILLION YEN FOR BRAZIL PLANT EXPANSION
    * KOITO MANUFACTURING - BRAZIL SALES EXPECTED TO DOUBLE IN
FY2026,
MEXICO SALES TO DOUBLE IN FY2028, COMPARED TO FY2023

Source text for Eikon:  ID:nTSuq8ee89 
Further company coverage:  7276.T 

 (Reporting by Kantaro Komiya)
 ((Kantaro.Komiya@thomsonreuters.com;))