Nissan Chemical Corporation
Notice Regarding Movement of Specific Subsidiaries in Past Fiscal Years
Notice of movement of two specific subsidiaries in past fiscal years. Provides overview of establishment, full subsidiary status, shareholding ratios and states that financial impact is included in consolidated earnings guidance with no impact on the fiscal year ending March 2027. Announces review of timely disclosure system and measures to prevent recurrence.
Key Figures
- Net Assets (FY2024/FY2025/FY2026): 3,189 / 3,990 / 4,061 million yen
- Total Assets (same periods): 13,538 / 12,125 / 12,017 million yen
- Net Sales (same periods): 3,724 / 6,558 / 5,041 million yen
AI要約
Overview of the Specific Subsidiaries Moved
This matter is a notice correcting delayed disclosure regarding the movement of two specific subsidiaries in past fiscal years. In 2020, Nissan Bharat Rasayan PVT.LTD. was established in India and became a specific subsidiary with Nissan Chemical Corporation holding 70% and Bharat Rasayan Limited holding 30%. Capital was 15 hundred million rupee (approx. 22 hundred million yen), and the business is the manufacture of pesticide active ingredients. The fiscal year end for the fiscal year ending March 2026 is March 31.
Future Impact and Countermeasures
The performance of the two companies is included in the consolidated earnings guidance announced on May 15, 2026, and is stated to have no impact on the fiscal year ending March 2027. As measures to prevent recurrence, the company will review the timely disclosure system, strengthen information sharing among related departments, and enforce thorough internal training.
Nissan Chemical Corporation
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