{"id":132707,"date":"2026-10-20T10:31:52","date_gmt":"2026-10-20T01:31:52","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/7276-20261020-01_wp_corporate_restructuring\/"},"modified":"2026-10-20T10:31:52","modified_gmt":"2026-10-20T01:31:52","slug":"7276-20261020-01_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-7276\/ir\/7276-20261020-01_wp_corporate_restructuring\/","title":{"rendered":"Notice Regarding Dissolution and Liquidation of a Consolidated Subsidiary"},"content":{"rendered":"<p>Decided to dissolve and liquidate the Chinese subsidiary Hubei Koito Lighting Co., Ltd. In light of changes in the market environment and structural transformation, the company aims to improve productivity and profitability and concentrate resources. The impact on the fiscal year ending March 2027 is expected to be minor.<\/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":"7276","jir_company_name":"Koito Manufacturing Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-10-20","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/7276-20261020-01.pdf","jir_short_summary":"Decided to dissolve and liquidate the Chinese subsidiary Hubei Koito Lighting Co., Ltd. In light of changes in the market environment and structural transformation, the company aims to improve productivity and profitability and concentrate resources. The impact on the fiscal year ending March 2027 is expected to be minor.","jir_summary":"### Overview of the Case\nA resolution was passed to commence dissolution and liquidation procedures for the consolidated subsidiary Hubei Koito Lighting Co., Ltd. The background includes significant market structural changes such as the advancement of EV adoption in the Chinese market, intensified competition from local manufacturers, and slowing sales by Japanese automakers. The move aims to improve the Group's productivity and profitability and to concentrate management resources. The dissolution schedule will be determined in accordance with local laws and announced once decided.\n\n### Impact and Future Outlook\nThe direct financial impact from the dissolution of Hubei Koito is considered limited, and the effect on consolidated results for the fiscal year ending March 2027 is expected to be minor. If additional disclosures become necessary, they will be promptly announced. Through the review of the business structure, the Group intends to secure profitability and pursue growth.","jir_financial_highlights":"Dissolution and liquidation of Hubei Koito Lighting Co., Ltd.: Unknown (Unknown)\nImpact on consolidated results for FY ending March 2027: Minor (Unknown)","jir_category":"","jir_hashtags":"#HubeiKoitoLighting_Dissolution_Liquidation, #ConsolidatedSubsidiaryReview","jir_key_figures":"Dissolution and liquidation of Hubei Koito Lighting Co., Ltd. (Unknown)\nImpact on fiscal year ending March 2027 is minor (Unclear figures are Unknown)\nMajor shareholder: Koito Manufacturing Co., Ltd. 100% (Registered information)","jir_meta_title":"Koito Manufacturing Co., Ltd. Decides to Dissolve and Liquidate Consolidated Subsidiary\uff5cOctober 2026","jir_meta_description":"Koito Manufacturing Co., Ltd. has decided to dissolve and liquidate its consolidated subsidiary Hubei Koito Lighting Co., Ltd. This decision is driven by rapid EV adoption and intensified competition in the Chinese market. The impact on the fiscal year ending March 2027 is expected to be minor.","jir_og_title":"Koito Manufacturing Co., Ltd. Decides to Dissolve Consolidated Subsidiary","jir_og_description":"Koito Manufacturing Co., Ltd. announced the dissolution and liquidation of Hubei Koito Lighting Co., Ltd. Against changing market conditions, the company is promoting business optimization and resource concentration.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7704,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-132707","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice Regarding Dissolution and Liquidation of a Consolidated Subsidiary - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-7276\/ir\/7276-20261020-01_wp_corporate_restructuring\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-7276\/ir\/7276-20261020-01_wp_corporate_restructuring\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-7276\/ir\/7276-20261020-01_wp_corporate_restructuring\/\",\"name\":\"Notice Regarding Dissolution and Liquidation of a Consolidated Subsidiary - 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