ICD Extends FPD Equipment Supply Contract End Date with Canon Tokki - Contract Value of 12.45B KRW Unchanged, Only Schedule Adjustment
On June 2, 2026, ICD filed a correction to its previous disclosure regarding a single sale/supply contract with Canon Tokki Corporation for FPD manufacturing equipment, extending the contract end date from June 11, 2026 to September 7, 2026.
The contract amount remains unchanged at KRW 12.45 billion (JPY 1.30 billion, based on the exchange rate as of October 2, 2025), representing 8.43% of ICD's 2024 consolidated revenue of KRW 147.6 billion.
The reason for the correction is a change in the delivery schedule agreed with the customer, resulting in an extension of the contract period. No new contract or change in terms.
Payment is due upon completion of delivery, and other contract terms (no advance payment, self-manufacturing) remain the same.
The contract supplies FPD equipment to Japan, and the actual amount received may fluctuate with exchange rates.
[AI Summary]This disclosure is a routine correction to adjust the end date of an existing supply contract to align with the delivery schedule. There is no change in contract value or scope, making it a neutral event from an investor's perspective. It does not imply new orders or revenue growth, and the impact on the stock price is expected to be limited.
KOSDAQ Filing Information
Filing: [Correction Of Description] Conclusion Of Single Sales And Supply Agreement (Voluntary Disclosure)