The core news is that the board of directors resolved to liquidate the overseas consolidated subsidiary Daido Metal Europe Ltd. The liquidation date is December 31, 2026, and the North American sales function will be transferred to Daido Metal U.S.A. Inc. to accelerate the group\u2019s Bridge to Daido 2030 growth strategy. 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The liquidation date is December 31, 2026, and the North American sales function will be transferred to Daido Metal U.S.A. Inc. to accelerate the group\u2019s Bridge to Daido 2030 growth strategy. The impact after liquidation is under review.","jir_summary":"### Overview of liquidation\nThe board of directors resolved to liquidate the consolidated subsidiary Daido Metal Europe Ltd. After consolidating European sales functions to DMEG, the North American sales function will be transferred to Daido Metal U.S.A. Inc. to expand growth opportunities across the group and improve resource allocation and operational efficiency. Liquidation date: December 31, 2026.\n\n### Impact and future disclosures\nWhile a reduction in tax burden related to past over-indebtedness of DME is expected, the extent of impact and the amount of losses related to liquidation are under review. Additional information will be disclosed promptly as it becomes available.","jir_financial_highlights":"Liquidation date: December 31, 2026 (Unknown)\nDaido Metal Europe Ltd. (DME) recent 3-year operating results and financial position (summary): Sales 2,147 thousand pounds \u2192 2,239 thousand pounds \u2192 2,119 thousand pounds (YoY unknown)","jir_category":"","jir_hashtags":"#DaidoMetal, #CorporateRestructuringLiquidation, #OverseasSubsidiaries","jir_key_figures":"Liquidation date: December 31, 2026\nDME three-year sales: 2,147 thousand pounds \u2192 2,239 thousand pounds \u2192 2,119 thousand pounds\nImpact of liquidation on tax and earnings: under review","jir_meta_title":"Daido Metal Co., Ltd. Overseas Subsidiary Liquidation Policy Determination | Scheduled for End of December 2026","jir_meta_description":"Daido Metal announces the liquidation plan for its consolidated subsidiary Daido Metal Europe. North American sales functions transferred to U.S.A. Inc. to accelerate Bridge to Daido 2030 execution. Liquidation date and impact to be disclosed subsequently.","jir_og_title":"Daido Metal Co., Ltd. Overseas Subsidiary Liquidation Policy Determination | Scheduled for End of December 2026","jir_og_description":"Daido Metal to liquidate its European subsidiary. Proceeding with transferring North American sales functions to accelerate group growth; board has resolved to proceed. Awaiting further disclosure on impacts.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17456,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-122959","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n