Fuji Seal International, Inc.
Notice Regarding Commencement of Consultations with Labor Unions Concerning the Closure of Overseas Subsidiary
The Company has initiated consultations with labor unions and other parties to consider the closure of consolidated subsidiary Fuji Seal France S.A.S. Procedures and consultations will proceed in accordance with local laws, and the final policy will be determined later. The impact on business performance is undetermined.
Key Figures
- FSF capital: 8,722 thousand euro
- FSF established: 1955
- Fuji Seal Europe S.A.S. is the major shareholder and owns 100%
AI要約
Overview of the Matter
The Group is considering a business restructuring that may include the closure of FSF in order to strengthen its European business portfolio and improve capital efficiency. Today, the Company resolved to commence consultations with labor unions and other parties regarding the closure of FSF. The consultations will proceed through procedures based on local laws and discussions with stakeholders, and the final policy will be determined based on the results of those consultations.
Outlook and Impact
The final policy is expected to be decided depending on the outcome of the consultations, and the impact on consolidated results is currently under review. If new disclosure items arise, they will be announced promptly.
Fuji Seal International, Inc.
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