Kyoto/London − KYOCERA Corporation informed about plans to build a new manufacturing plant in Isahaya City, Nagasaki Prefecture, to advance its business expansion goals. The company has made an offer to acquire approximately 150,000 square meters (about 37 acres) in the Minami Isahaya Industrial Park.
High level of investment
Kyocera aims to achieve sales of JPY 2 trillion (around 13.755 billion Euro) in its current fiscal year (ending March 31, 2023) and has set a long-term sales target of JPY 3 trillion (around 20.628 billion Euro) by the fiscal year ending March 31, 2029. The company’s capital investment is expected to reach a record high of JPY 200 billion (around 1.375 billion Euro) 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.
Isahaya City – a choice for optimizing future business development
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 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 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.
Outline of Land Acquisition
|Minami Isahaya Industrial Park
|Oguri District, Isahaya City, Nagasaki Prefecture, Japan
|Approximately 150,000 m²
|Operation to begin
|Products to be made
|To be announced, after components business demand analysis.
|New plant could ultimately require up to 1,000 employees