# Union Tool to raise ¥26.9B for plant construction and capacity expansion in Japan

Union Tool Co., Ltd. has resolved to dispose of treasury stock and conduct a share offering to raise up to approximately 26.92 billion yen. Funds will be allocated to construction of the Nagaoka Sixth Plant (¥4.2 billion), expansion of cutting tool manufacturing equipment at the Mitsuke Plant (¥1.95 billion), and expansion of production equipment at the Nagaoka Plant (¥23.87 billion).

- Type: Investment
- Announced: 2026-04-06
- Where: Nagaoka, Mitsuke, Japan
- Value: $205.0M (26.9B JPY)
- Starts operating: Jun 2027
- Status: announced
- Products: cutting tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Union Tool](https://endata.com/companies/70318.md)

## Sources

- [japanir.jp](https://japanir.jp/en/company/company-6278/ir/6278-20260406-01_wp_share_buyback/), 2026-04-06: "Funds are planned to be allocated to capital expenditures including the construction of the Nagaoka Sixth Plant."
- [japanir.jp](https://japanir.jp/en/company/company-6278/ir/6278-20260414-01_wp_share_buyback/), 2026-04-14: "The estimated maximum net funds to be raised, approximately 32.4 billion yen, are planned to be allocated to the construction cost of the Nagaoka No. 6 Factory (about 4.2 billion yen), expansion of machinery and equipment at the Mitsuke Factory (about 2 billion yen), and expansion of machinery and e"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.