The Company has initiated consultations with labor unions and other parties to consider the closure of consolidated subsidiary Fuji Seal France S.A.S. Procedures and consultations will proceed in accordance with local laws, and the final policy will be determined later. 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Procedures and consultations will proceed in accordance with local laws, and the final policy will be determined later. The impact on business performance is undetermined.","jir_summary":"### Overview of the Matter\nThe Group is considering a business restructuring that may include the closure of FSF in order to strengthen its European business portfolio and improve capital efficiency. Today, the Company resolved to commence consultations with labor unions and other parties regarding the closure of FSF. The consultations will proceed through procedures based on local laws and discussions with stakeholders, and the final policy will be determined based on the results of those consultations.\n\n### Outlook and Impact\nThe final policy is expected to be decided depending on the outcome of the consultations, and the impact on consolidated results is currently under review. If new disclosure items arise, they will be announced promptly.","jir_financial_highlights":"Impact on financial results: Unknown (Unknown)","jir_category":"","jir_hashtags":"#ShareBuyback, #ExecutivePersonnel","jir_key_figures":"FSF capital: 8,722 thousand euro\nFSF established: 1955\nFuji Seal Europe S.A.S. is the major shareholder and owns 100%","jir_meta_title":"Fuji Seal International, Inc. - Notice of Commencement of Consultations for Closure of Overseas Subsidiary","jir_meta_description":"Fuji Seal International, Inc. has commenced consultations with labor unions and other parties to consider the closure of consolidated subsidiary Fuji Seal France S.A.S. Procedures and impacts will be determined based on consultation results; impact on financial results is currently undetermined.","jir_og_title":"Notice of Commencement of Consultations for Closure of Overseas Subsidiary","jir_og_description":"Fuji Seal International, Inc. is considering the closure of European subsidiary FSF and has begun consultations with labor unions and other parties. Future developments and impact on performance will depend on the consultation outcomes.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9042,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"general_ir","footnotes":""},"sector":[],"importance":[],"class_list":["post-133016","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n