Press Release 2022

A fire broke out at a South Korean subsidiary of Nitto Denko Corporation, Korea Optical Hight Tech Co., Ltd., at around 5:30 pm, on Tuesday, October 4th, 2022.
We would like to give our sincerest apologies for the inconvenience and concerns caused to our customers, suppliers, and related parties, as well as the surrounding neighborhood.
Fire has been extinguished at this time, we will continue to fully cooperate with the fire department, police department, and other relevant authorities and make every effort to determine the cause of the incident and prevent a recurrence.
We will inform you of the details of the incident as of today (3 pm on October 6th), as follows:

1. Occurrence of Fire

A fire broke out at approximately 5:30 pm on Tuesday, October 4th, 2022
Confirmed the extinction of the fire at approximately 7:00 am on Wednesday, October 5th, 2022

2. Place of Occurrence

Plant of Korea Optical High Tech Co., Ltd. (Gumi-Si, Gyeongsangbuk-Do)

3. Impact on Business Performance

Human casualties

All 156 employees who worked on October 4th and external partners are safe; however, we have confirmed three firefighters' injuries during the fire extinguishing activities.

Property damages

The details of damages to manufacturing facilities are currently under investigation.

We are investigating the causes and impacts on our financial forecast and supply chains. We will promptly make an announcement when determined.