Japan Pulp and Paper Company Limited
Notice Regarding Capital Increase of Subsidiary in New Zealand (Designation as Specified Subsidiary)
Japan Paper & Pulp Trading Co., Ltd. resolved a capital increase of NZD 29,000 thousand (JPY 2,668 million) in BJ Ball Limited, designating it as a specified subsidiary. The scheduled payment date is February 6, 2026.
Key Figures
- Capital Increase Amount: NZD 29,000 thousand (JPY 2,668 million)
- Capital after Increase: NZD 31,201 thousand (JPY 2,870 million)
- Scheduled Payment Date: February 6, 2026
AI要約
Overview of Capital Increase
Japan Paper & Pulp Trading Co., Ltd. resolved at the Board of Directors meeting on January 28, 2026, to increase capital by NZD 29,000 thousand (JPY 2,668 million) in its New Zealand subsidiary BJ Ball Limited. Following the capital increase, the capital will total NZD 31,201 thousand (JPY 2,870 million), representing over 10% of the Company's capital, thereby designating BJ Ball Limited as a specified subsidiary. The purpose of the capital increase is to strengthen the management base through reinforcing equity capital. The payment date is scheduled for February 6, 2026.
Outlook
The impact of this capital increase on the consolidated results for the fiscal year ending March 2026 is expected to be minimal. In the event that any significant developments arise, timely disclosure will be made. The investment structure through 100% owned subsidiary PagePack (NZ) Limited will remain unchanged following the capital increase.