【JCUB】Disbandment of Consolidated Subsidiary and Future Outlook｜July 2026

Overview of Dissolution

JCUB Co., Ltd. has decided to dissolve and liquidate its subsidiary JCU CHEMICALS INDIA, which manufactures and sells surface treatment chemicals and equipment for the automotive and electronics industries in India. The subsidiary was established in January 2008 with capital of 200,000 thousand Indian Rupees. Its financial results per fiscal year show a decline: net assets of 169 million yen and sales of 21 million yen for the fiscal year ending December 2023, and net assets of 87 million yen and sales of 16 million yen for the fiscal year ending December 2025. The dissolution will be carried out once procedures are completed in accordance with local laws.

Future Outlook and Impact

The impact on the consolidated performance for the fiscal year ending March 2027 is expected to be minimal, and additional disclosures will be made as needed. Details regarding financial burdens or asset disposals related to the dissolution are undecided, and it is considered that the impact on investors will be limited.