Decision to commence dissolution and liquidation procedures for consolidated subsidiary FujiX International (Hong Kong) Limited. Liquidation expected upon completion of local procedures. 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Liquidation expected upon completion of local procedures. Impact scope is under review for the consolidated results.","jir_summary":"### Purpose and background of dissolution and liquidation\nAt today's board meeting, we decided to commence the dissolution and liquidation procedures for our consolidated subsidiary FujiX International (Hong Kong) Limited. This will be implemented as part of measures to review production and sales structure in the Asia region and optimize management resources to restore group performance.\n\n### Subsidiary overview and financial position\nFujiX International (Hong Kong) Limited is based in Hong Kong and engages in the sale of sewing threads and embroidery threads. Its capital is 3,500 HK$ thousand, and it is a wholly owned subsidiary of the company. In the past three years, revenue has trended downward and net assets have declined.","jir_financial_highlights":"Net assets: 4,488 thousand HK$ (fiscal year ending December 2023)\nTotal assets: 5,160 thousand HK$ (fiscal year ending December 2023)\nRevenue: 9,098 thousand HK$ (fiscal year ending December 2023)","jir_category":"","jir_hashtags":"#FujiX, #ConsolidatedDissolutionLiquidation","jir_key_figures":"Net assets: 4,488 thousand HK$(fiscal year ending December 2023)\nTotal assets: 5,160 thousand HK$(fiscal year ending December 2023)\nRevenue: 9,098 thousand HK$(fiscal year ending December 2023)","jir_meta_title":"\u3010FujiX\u3011Initiation of dissolution and liquidation of consolidated subsidiary | 2026-09-15","jir_meta_description":"FujiX announces the start of dissolution and liquidation procedures for consolidated subsidiary FujiX International (Hong Kong) Limited. Liquidation to be completed after local procedures are finalized. Implemented as part of the group\u2019s earnings recovery strategy.","jir_og_title":"\u3010FujiX\u3011Initiation of dissolution and liquidation of consolidated subsidiary | 2026-09-15","jir_og_description":"FujiX announces the start of dissolution and liquidation procedures for FujiX International (Hong Kong) Limited. Details of impact and future disclosures are under review.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":61029,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-114261","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n