Resolution to dissolve and liquidate Suzhou Regal Leather Products Co., Ltd. The dissolution schedule will proceed in accordance with local laws and procedures. An impairment loss on equity-method investment of 174 million yen is expected to be recorded in the consolidated interim results for the fiscal year ending February 2027, and approximately 300 million yen of extraordinary losses are expected in the consolidated full-year results as business reorganization expenses.<\/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":"7938","jir_company_name":"Regal Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-11-11","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/11\/7938-20261111-03.pdf","jir_short_summary":"Resolution to dissolve and liquidate Suzhou Regal Leather Products Co., Ltd. The dissolution schedule will proceed in accordance with local laws and procedures. An impairment loss on equity-method investment of 174 million yen is expected to be recorded in the consolidated interim results for the fiscal year ending February 2027, and approximately 300 million yen of extraordinary losses are expected in the consolidated full-year results as business reorganization expenses.","jir_summary":"### Overview of Dissolution and Liquidation\nThe Board of Directors resolved to dissolve and liquidate Suzhou Regal Leather Products Co., Ltd., an unconsolidated subsidiary accounted for by the equity method. The dissolution date will be determined and procedures will be carried out in accordance with local laws, and dissolution and liquidation completion is expected after the necessary procedures are completed. The company's business is shoe manufacturing, and production is currently continuing at Huajian Footwear Co., Ltd.\n\n### Financial Impact and Future Outlook\nIn connection with the dissolution, an impairment loss on equity-method investment of 174 million yen is scheduled to be recorded in the consolidated interim results for the fiscal year ending February 2027. In addition, in the consolidated results for the fiscal year ending February 2027, business reorganization expenses such as economic compensation to local employees will be additionally recorded as extraordinary losses, and the total extraordinary losses are expected to be approximately 300 million yen. The amounts are current estimates based on calculations by specialized institutions and may change in the future.","jir_financial_highlights":"Expected recording of extraordinary loss: 174 million yen (Consolidated interim results for the fiscal year ending February 2027)\nTotal expected extraordinary losses: approx. 300 million yen (Consolidated results for the fiscal year ending February 2027)","jir_category":"","jir_hashtags":"#RegalCorporation, #overseas_subsidiary, #corporate_restructuring","jir_key_figures":"Expected recording of extraordinary loss: 174 million yen\nTotal expected extraordinary losses: approx. 300 million yen\nDissolution schedule: Dissolution and liquidation completion expected upon completion of procedures in accordance with local laws","jir_meta_title":"Regal Corporation \u2014 Notice of Dissolution and Liquidation of Overseas Subsidiary and Recording of Extraordinary Losses | November 2026","jir_meta_description":"Regal Corporation resolved to dissolve and liquidate Suzhou Regal Leather Products Co., Ltd. An impairment loss of 174 million yen is expected in the consolidated interim results for FY ending February 2027, and approximately 300 million yen of business reorganization expenses are expected for the full year. Procedures will proceed in accordance with local laws.","jir_og_title":"Regal Corporation | Notice of Dissolution and Liquidation of Overseas Subsidiary and Recording of Extraordinary Losses","jir_og_description":"Decision to dissolve and liquidate Suzhou Regal Leather Products Co., Ltd. An extraordinary loss of 174 million yen is expected in the interim term, and approximately 300 million yen of business reorganization expenses are expected for the full year. Local procedures are progressing accordingly.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59323,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-149318","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n