Resolved to establish a 100% subsidiary, “Nichirin Japan Co., Ltd.”, to manufacture automotive hoses based at the Himeji Plant. Planned establishment in January 2027 with capital of 100 million yen, funded 100% by the Company. In the future, Nichirin Kiko Co., Ltd. and Nichirin Service Co., Ltd. are planned to be absorbed and merged to consolidate manufacturing functions into the new company. 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Planned establishment in January 2027 with capital of 100 million yen, funded 100% by the Company. In the future, Nichirin Kiko Co., Ltd. and Nichirin Service Co., Ltd. are planned to be absorbed and merged to consolidate manufacturing functions into the new company. The impact on business results is expected to be minimal.","jir_summary":"### Overview of Business Restructuring\nAt the Board of Directors meeting held today, it was resolved to establish a new wholly owned manufacturing subsidiary, \"Nichirin Japan Co., Ltd.\", based at the Himeji Plant. The new company will promote the consolidation of manufacturing functions and mutual utilization of production technology and management capabilities, aiming to maintain and strengthen the Group's domestic production base. The new company will engage in the manufacturing and sale of automotive hoses, will be established with capital of 100 million yen, and the investment ratio will be 100% by the Company.\n\n### Future Organizational Restructuring and Impact\nAfter establishment, Nichirin Kiko Co., Ltd. and Nichirin Service Co., Ltd. are planned to be absorbed and merged around April 2027, and manufacturing-related departments will be transferred to the new company in stages. This aims to unify command structures and enhance the Group's competitiveness. Administrative departments will continue operations under Nichirin Rin.","jir_financial_highlights":"Capital: 100 million yen (Unknown)\nEstablishment Date: January 2027 (planned) (Unknown)","jir_category":"","jir_hashtags":"#Nichirin, #SubsidiaryEstablishment, #OrganizationalRestructuring","jir_key_figures":"Capital: 100 million yen (newly established)\nPlanned Establishment Date: January 2027\nInvestment Ratio: Company 100%","jir_meta_title":"Nichirin Co., Ltd. \u2014 Notice of Subsidiary Establishment and Organizational Restructuring\uff5c2027","jir_meta_description":"Nichirin Co., Ltd. will establish a 100% owned subsidiary, Nichirin Japan Co., Ltd., at the Himeji Plant to integrate manufacturing functions and strengthen the domestic production base. Planned establishment in January 2027, with subsequent planned absorptions of Nichirin Kiko and Nichirin Service.","jir_og_title":"Nichirin Co., Ltd. \u2014 Plan to Establish Subsidiary and Consolidate Manufacturing Functions","jir_og_description":"Resolved to establish a 100% owned subsidiary, Nichirin Japan Co., Ltd., to consolidate manufacturing functions at the Himeji Plant. Summary of planned organizational restructuring and its impact.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":17352,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-124076","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n