NPR-Riken Corporation
Notice Regarding Change of Trade Names and Head Office Locations of Consolidated Subsidiaries
Riken NPR Corporation will change the trade names and head office locations of its consolidated subsidiaries Riken Corporation and Nippon Piston Ring Co., Ltd. effective April 1, 2026, to promote organizational restructuring.
Key Figures
- Riken Corporation Capital: 8,627 million yen
- Nippon Piston Ring Co., Ltd. Capital: 9,839 million yen
- Effective Date of Change: 2026-04-01
AI要約
Overview of Organizational Restructuring
Riken NPR Corporation resolved to change the trade names and head office locations of its wholly owned subsidiaries, Riken Corporation and Nippon Piston Ring Co., Ltd. This is part of the organizational restructuring plan announced on November 26, 2026, aiming to abolish the vertical business lines of both companies and reorganize them by business segment to strengthen synergy creation and maximize corporate value. Specifically, Riken Corporation will be renamed "Riken NPR Niigata Corporation," with the new head office located in Kashiwazaki City, Niigata Prefecture. Additionally, Nippon Piston Ring Co., Ltd. will change its trade name to "Riken NPR Precision Corporation" and relocate its head office to Nogi Town, Shimotsuga District, Tochigi Prefecture.
Outlook and Impact
The changes are scheduled to take effect on April 1, 2026, coinciding with the transition to a holding company business structure and subsidiary restructuring within the group. This is expected to advance business integration of the two companies, improve management efficiency, and generate synergy effects. For investors, this matter is noteworthy as a mid-to-long-term initiative to enhance corporate value through organizational restructuring. There are no changes to capital or major shareholder composition, and no direct financial impact has been indicated.
