Neuromeka Co., Ltd. KRW 2.0 billion automation equipment order from an auto parts maker
AI summary · Not investment advice
Neuromeka Co., Ltd. signed a KRW 2.0 billion automation equipment supply contract with an auto parts maker (10.45% of recent revenue).
Contract amount
KRW 2.0 billion
10.45% of recent revenue · excluding VAT
Key facts
- Contract details
- Automation equipment order
- Recent revenue
- KRW 19.0 billion2025, consolidated
- % of revenue
- 10.45%
- Counterparty
- An auto parts makerAuto and heavy equipment parts
- Supply region
- Korea
- Contract period
- Sep 30, 2026 – Dec 15, 2026May change as work progresses
- Contract date
- Sep 30, 2026Date the order was received
- Payment terms
- Down payment KRW 0.6 billion, interim KRW 0.8 billion, balance KRW 0.6 billion after installation and one month of initial operationAdvance payment included
Commentary
AI commentary · Not investment advice
What happened
Neuromeka received an automation equipment order from an auto and heavy equipment parts maker. The contract amount is KRW 2.0 billion, excluding VAT. The company will build the equipment itself. Payment comes in three parts: a KRW 0.6 billion down payment, a KRW 0.8 billion interim payment and a KRW 0.6 billion balance. The balance is paid after installation and one month of initial operation. The amount and term may change as work progresses.
In the company's terms
The amount equals 10.45% of recent revenue (KRW 19.0 billion, 2025, consolidated). The company said it has not had a similar contract in the last three years.
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