Nichirin Co., Ltd.

2026/09/29 12:05 Updated
Market Cap: $344.6M (¥54.2B)
Stock Price: $26.39 (¥4,150)
Exchange Rate: 1 USD = ¥157.23

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.

Importance:
Page Updated: September 29, 2026
IR Disclosure Date: September 29, 2026

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.

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

Nichirin Co., Ltd.

Company overview · Stock price · Financial data · All IR

View company page →