Abalance shares tumble to limit-down as USITC launches probe into subsidiary

Tue Apr 7, 2026 10:46 am JST Catalyst

Abalance <3856> remained untraded at its daily limit-down of \573, with a glut of sell orders following its announcement after the market close on the 6th. The company revealed it had been notified of an investigation launched by the U.S. International Trade Commission (USITC) involving its group subsidiaries. Selling pressure intensified as investors grew concerned over the potential disruption to the company's future business operations.

First Solar filed a complaint with the USITC under Section 337 of the U.S. Tariff Act, alleging that solar cells and modules manufactured and sold by Abalance Group affiliates infringe upon its U.S. patents. The USITC has formally accepted the complaint and designated specific Abalance Group companies as respondents. The commission will now investigate the alleged patent infringement and the legality of the products' importation into the United States. Abalance stated it is currently reviewing the details and intends to respond appropriately to the USITC proceedings. The company noted that the impact on its financial performance remains uncertain at this time, pledging to promptly disclose any material developments or necessary revisions to its earnings guidance.

Source: MINKABU PRESS

Abalance shares tumble to limit-down as USITC launches probe into subsidiary

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