Generation Pass surges in late afternoon trading on contract extension with Itochu for functional fibers for apparel

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Tue Apr 28, 2026 3:24 pm JST Catalyst

GENERATION PASS CO.,LTD <3195> surged in late afternoon trading. Around 3:00 p.m., the company announced an extension of the basic agreement with ITOCHU Corporation <8001> regarding joint development and sales of functional fibers for apparel, which was originally concluded in October 2025, and this was well received by the market.

The contract extension aims to continue and deepen development for further optimization of quality and texture for market introduction as apparel products, while taking into account that the companies have secured actual orders through joint development and proposal activities and are gaining recognition in the apparel market. GENERATION PASS's PCM (Phase Change Material) lyocell fiber is a proprietary material that achieves a "sustained cooling" function that continuously suppresses body temperature rise during wear, beyond just contact cooling sensation. The company stated it will continue to accelerate efforts toward achieving the goal of full-scale rollout in the spring/summer 2027 season.

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Source: MINKABU PRESS

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