Hanwa Co., Ltd.
Notice Regarding Change in Specified Subsidiary
As of March 25, 2026, SAN DIEGO VISTA STEEL SERVICE CORP. was changed from a non-consolidated subsidiary to a consolidated subsidiary. Capital stock is 39,200 thousand USD with a 100% ownership stake by the Company.
Key Figures
- Capital Stock: 39,200 thousand USD
- Net Sales (Fiscal Year Ending February 2025): 45,467 thousand USD
- Operating Income (Fiscal Year Ending February 2025): △402 thousand USD
AI要約
Overview of Change in Specified Subsidiary
Hanwa Co., Ltd. resolved at the Board of Directors meeting on March 25, 2026, to change SAN DIEGO VISTA STEEL SERVICE CORP. from a non-consolidated subsidiary to a consolidated subsidiary. This subsidiary processes and sells steel products in the North American region. Its capital stock is 39,200 thousand USD, and the Company's ownership ratio is 100%. Recent business performance shows net sales of 45,467 thousand USD, operating income of △402 thousand USD, and net income of △305 thousand USD for the fiscal year ending February 2025.
Future Outlook and Impact
The impact on business performance due to this matter is considered minimal, and the Company will promptly disclose any important developments in the future. Capital and personnel relationships remain strong, with the Company dispatching the President and multiple directors and employees.
