DAIHEN Corporation
Notice Regarding Dissolution of Consolidated Subsidiary
Daihen Corporation resolved to dissolve its consolidated subsidiary Daihen OTC Electrical Machinery (Beijing) Co., Ltd. on March 27, 2026, as part of optimizing production bases.
Key Figures
- Net Sales: 2,115 million yen (FY ending December 2025)
- Operating Income: 139 million yen (FY ending December 2025)
- Net Income Attributable to Owners of Parent: 104 million yen (FY ending December 2025)
AI要約
Overview of Dissolution of Consolidated Subsidiary
Daihen Corporation resolved at the Board of Directors meeting on March 27, 2026, to dissolve its consolidated subsidiary Daihen OTC Electrical Machinery (Beijing) Co., Ltd. The reason for dissolution is to strengthen cost competitiveness through optimizing production bases. The subsidiary is engaged in the transformer manufacturing business, with capital of 15,100 thousand USD, established in October 2006. For the fiscal year ending December 2025, net sales were 2,115 million yen, operating income was 139 million yen, and net income attributable to owners of parent was 104 million yen.
Future Outlook and Impact
The dissolution and liquidation will proceed in accordance with local laws and regulations, with plans to complete liquidation. The impact of this matter on the consolidated fiscal year performance is considered minor; however, if any matters requiring disclosure arise in the future, they will be promptly disclosed. Investors should note this as part of cost competitiveness enhancement through rationalizing production bases.