Nichirin Co., Ltd.
Notice Regarding Establishment of a Subsidiary
Resolved to establish a 100% subsidiary, "Nichirin Japan Co., Ltd.", to manufacture automotive hoses based at the Himeji Plant. Planned establishment in January 2027 with capital of 100 million yen, funded 100% by the Company. In the future, Nichirin Kiko Co., Ltd. and Nichirin Service Co., Ltd. are planned to be absorbed and merged to consolidate manufacturing functions into the new company. The impact on business results is expected to be minimal.
Key Figures
- Capital: 100 million yen (newly established)
- Planned Establishment Date: January 2027
- Investment Ratio: Company 100%
AI要約
Overview of Business Restructuring
At the Board of Directors meeting held today, it was resolved to establish a new wholly owned manufacturing subsidiary, "Nichirin Japan Co., Ltd.", based at the Himeji Plant. The new company will promote the consolidation of manufacturing functions and mutual utilization of production technology and management capabilities, aiming to maintain and strengthen the Group's domestic production base. The new company will engage in the manufacturing and sale of automotive hoses, will be established with capital of 100 million yen, and the investment ratio will be 100% by the Company.
Future Organizational Restructuring and Impact
After establishment, Nichirin Kiko Co., Ltd. and Nichirin Service Co., Ltd. are planned to be absorbed and merged around April 2027, and manufacturing-related departments will be transferred to the new company in stages. This aims to unify command structures and enhance the Group's competitiveness. Administrative departments will continue operations under Nichirin Rin.
Nichirin Co., Ltd.
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