Nippon Seiki Co., Ltd.
Nihon Seiki Co., Ltd. Notice on Domestic Group Organizational Restructuring (Simple Absorption-type Split) and Change of Subsidiary Trade Name
Implemented a simple absorption-type split to transfer the manufacturing functions with large-scale automotive-related sales to a wholly owned subsidiary. Effective date is planned for October 1, 2026. The successor company is expected to change its trade name to NS East Co., Ltd. The specific assets split comprises current assets of 35 million yen and fixed assets of 5,398 million yen, with no liabilities.
Key Figures
- Split assets: current assets 35 million yen, fixed assets 5,398 million yen, total 5,433 million yen
- Split liabilities: none
- Capital of the successor company: 161 million yen
AI要約
Overview of the Split
Nihon Seiki Co., Ltd. has resolved to transfer part of the domestic manufacturing functions to its wholly owned subsidiary NS Advantech Co., Ltd. through a simple absorption-type split aimed at strengthening competitiveness across the group. The approval date is July 1, 2026, with the effective date planned for October 1, 2026. After the split, the successor company will change its trade name to NS East Co., Ltd.
Impact and Outlook
This absorption-type split is expected to have a minor impact on the company’s consolidated results, as the split targets manufacturing functions and there will be no external sales. The successor company will engage in the manufacture of automotive and motorcycle instrument clusters, resin molding, sensors, and related activities. The trade name change is planned to be implemented on the effective date.
Nihon Seiki Co., Ltd.
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