Decided to withdraw LAWTER (N.Z.) operations. Production to cease on 2027-06-30, with factory closure planned for May 2028. A special loss of approx. 2.8 billion yen is expected to be recorded in Q3 of the fiscal year ending March 2027, and a gain on sale of SunPine AB shares of approx. 3.7 billion yen is also expected to be recorded in the same quarter.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"4410","jir_company_name":"Harima Chemicals Group, Inc.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-07","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/4410-20261007-01.pdf","jir_short_summary":"Decided to withdraw LAWTER (N.Z.) operations. Production to cease on 2027-06-30, with factory closure planned for May 2028. A special loss of approx. 2.8 billion yen is expected to be recorded in Q3 of the fiscal year ending March 2027, and a gain on sale of SunPine AB shares of approx. 3.7 billion yen is also expected to be recorded in the same quarter.","jir_summary":"### Overview of Withdrawal\nHarima Chemicals Group, Inc. has decided to withdraw from the New Zealand operations of its consolidated subsidiary LAWTER (N.Z.) Limited. The decision was made due to deteriorating local market conditions, rising manufacturing costs, and instability in raw material procurement, which made performance recovery difficult. Production activities will cease on 2027-06-30; the site will be temporarily used as a logistics hub and the factory will be closed in May 2028.\n\n### Financial Impact and Outlook\nA special loss of approx. 2.8 billion yen is expected to be recorded in Q3 of the fiscal year ending March 2027 in connection with the withdrawal. In addition, a gain on the sale of SunPine AB shares of approx. 3.7 billion yen is also planned to be recorded in the same quarter. The company will continue to examine the overall financial impact.","jir_financial_highlights":"Expected special loss: approx. 2.8 billion yen (Unknown)\nGain on sale of SunPine AB shares: approx. 3.7 billion yen (Planned to be recorded in Q3 of the fiscal year ending March 2027)\nWithdrawal schedule (LAWTER N.Z.): Production suspension on 2027-06-30 (Unknown)\nPost-withdrawal utilization: Temporarily used as a logistics hub \u2192 Factory closure in May 2028 (Unknown)","jir_category":"","jir_hashtags":"#HarimaChemicalsGroupIR_not_limited_to_a_specific_IR_theme","jir_key_figures":"Special loss: approx. 2.8 billion yen (Planned to be recorded in Q3 of the fiscal year ending March 2027)\nGain on sale of shares: approx. 3.7 billion yen (SunPine AB) Planned to be recorded in Q3 of the fiscal year ending March 2027\nWithdrawal schedule: Production suspension 2027-06-30, Factory closure May 2028","jir_meta_title":"Harima Chemicals Group Notice: Withdrawal of LAWTER (N.Z.) Business | October 2026","jir_meta_description":"Harima Chemicals Group, Inc. has decided to withdraw from LAWTER (N.Z.) Limited in New Zealand. Production will stop in June 2027 and the factory will be closed in May 2028. A special loss of approx. 2.8 billion yen and a gain on sale of SunPine AB shares of approx. 3.7 billion yen are expected to be recorded in Q3 of the fiscal year ending March 2027.","jir_og_title":"Harima Chemicals Group: Decision to Withdraw LAWTER NZ Operations | October 2026","jir_og_description":"Announcement of withdrawal from LAWTER (N.Z.) Limited in New Zealand. Production suspension in June 2027 and factory closure in May 2028. Expected recording of a special loss of approx. 2.8 billion yen and gain on sale of shares of approx. 3.7 billion yen.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":57631,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-128217","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n