Nishikawa Rubber Co., Ltd.

2026/08/21 Updated
Market Cap: $793.6M (¥126.2B)
Stock Price: $21.89 (¥3,480)
Exchange Rate: 1 USD = ¥158.98

【Nishikawa Rubber】Tax Adjustment Notification and Response Status of Mexico Subsidiary|June 2026

Nishikawa Rubber's Mexican subsidiary NSM received a notice of correction from Mexican tax authorities for the 2021 fiscal year, amounting to 1,189 million Mexican pesos (approximately 11 billion yen). The company plans to file an objection, and the impact on finances is currently undetermined.

Importance:
Page Updated: June 19, 2026
IR Disclosure Date: June 19, 2026

Key Figures

  • Amount of Payment Order: 1,189 million Mexican pesos (approximately 11 billion yen)
  • Exchange Rate: 1 Mexican Peso = 9.31 Yen
  • Financial Impact at Present: Unknown

AI要約

Financial Performance Overview

Nishikawa Rubber's Mexican subsidiary NSM received a notice of payment order for 1,189 million Mexican pesos (approximately 110 billion yen) from Mexican tax authorities on May 28, 2026, regarding the tax declaration for the fiscal year ending December 2021. The content is deemed unreasonable and contrary to tax laws, and the company plans to file an objection. At present, no specific impact on the financial statements has been estimated, and no provisions have been recorded. Further information will be disclosed promptly if available.

Future Response and Investor Impact

The company intends to proceed with filing an objection, and the final outcome and effects are yet to be determined. If the tax authority's decision becomes final, it may impact the financial condition and business performance, but specific figures and scope of impact are currently unknown. Investors should monitor future developments and wait for any additional disclosures as needed.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Nishikawa Rubber Corporation

Company overview · Stock price · Financial data · All IR

View company page →