Mani, Inc.
Announcement Regarding the Establishment of a Production Subsidiary in China
Many Co., Ltd. will establish a wholly-owned production subsidiary in Foshan City, Guangdong Province, China, with a planned total capital investment of 1.2 billion yen. The subsidiary is scheduled to be established in April 2026 and begin mass production in March 2028.
Key Figures
- Total Capital Investment: 1.2 billion yen (incorporated in the fiscal 2026 August period plan)
- Capital Stock: 32 million RMB
- Scheduled Establishment Date: April 2026
- Scheduled Mass Production Start Date: March 2028
AI要約
Background and Purpose of Establishing a Production Subsidiary in China
Many Co., Ltd. has resolved to establish a wholly-owned production subsidiary in Foshan City, Guangdong Province, China, aiming to strengthen competitiveness in response to the strengthening of domestic product preference policies and the introduction of national centralized purchasing systems in the Chinese market. As demand for localization of its core product, ophthalmic knives, increases, the construction of a local production base will enable swift response and market share retention. The new factory will introduce automation technology of smart factories, while the factory building will be leased for risk management.
Future Outlook and Impact on Consolidated Performance
The new China factory is scheduled for establishment in April 2026, with mass production starting in March 2028, and with a capital stock of 32 million RMB. Total capital investment is planned at 1.2 billion yen, which is incorporated in the capital expenditure plan and consolidated earnings forecast for the fiscal year ending August 2026. The global production system will be strengthened through a three-site structure: the Hanaoka Smart Factory as the mother factory, the Vietnam factory as the global mass production plant, and the China factory as the local production plant. Any necessary future disclosures will be promptly provided.
