{"id":36254,"date":"2026-03-25T13:03:57","date_gmt":"2026-03-25T04:03:57","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/8078-20260325-01_wp_corporate_restructuring\/"},"modified":"2026-03-25T13:03:57","modified_gmt":"2026-03-25T04:03:57","slug":"8078-20260325-01_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-8078\/ir\/8078-20260325-01_wp_corporate_restructuring\/","title":{"rendered":"Notice Regarding Change in Specified Subsidiary"},"content":{"rendered":"<p>As of March 25, 2026, SAN DIEGO VISTA STEEL SERVICE CORP. was changed from a non-consolidated subsidiary to a consolidated subsidiary. Capital stock is 39,200 thousand USD with a 100% ownership stake by the Company.<\/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,"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":"8078","jir_company_name":"Hanwa Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-03-25","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/8078-20260325-01.pdf","jir_short_summary":"As of March 25, 2026, SAN DIEGO VISTA STEEL SERVICE CORP. was changed from a non-consolidated subsidiary to a consolidated subsidiary. Capital stock is 39,200 thousand USD with a 100% ownership stake by the Company.","jir_summary":"### Overview of Change in Specified Subsidiary\nHanwa Co., Ltd. resolved at the Board of Directors meeting on March 25, 2026, to change SAN DIEGO VISTA STEEL SERVICE CORP. from a non-consolidated subsidiary to a consolidated subsidiary. This subsidiary processes and sells steel products in the North American region. Its capital stock is 39,200 thousand USD, and the Company's ownership ratio is 100%. Recent business performance shows net sales of 45,467 thousand USD, operating income of \u25b3402 thousand USD, and net income of \u25b3305 thousand USD for the fiscal year ending February 2025.\n\n### Future Outlook and Impact\nThe impact on business performance due to this matter is considered minimal, and the Company will promptly disclose any important developments in the future. Capital and personnel relationships remain strong, with the Company dispatching the President and multiple directors and employees.","jir_financial_highlights":"Capital Stock: 39,200 thousand USD (Unknown)\nNet Sales (Fiscal Year Ending February 2025): 45,467 thousand USD (Unknown)\nOperating Income (Fiscal Year Ending February 2025): \u25b3402 thousand USD (Unknown)\nNet Income (Fiscal Year Ending February 2025): \u25b3305 thousand USD (Unknown)","jir_category":"","jir_hashtags":"#HanwaCoLtd, #ChangeInSpecifiedSubsidiary, #CorporateRestructuring","jir_key_figures":"Capital Stock: 39,200 thousand USD\nNet Sales (Fiscal Year Ending February 2025): 45,467 thousand USD\nOperating Income (Fiscal Year Ending February 2025): \u25b3402 thousand USD","jir_meta_title":"Hanwa Co., Ltd. Converts SAN DIEGO VISTA STEEL SERVICE CORP. to Consolidated Subsidiary (March 25, 2026)","jir_meta_description":"Hanwa Co., Ltd. changed SAN DIEGO VISTA STEEL SERVICE CORP. from a non-consolidated subsidiary to a consolidated subsidiary as of March 25, 2026. Capital stock is 39,200 thousand USD; net sales 45,467 thousand USD (Fiscal Year Ending February 2025). Impact on business performance is minimal.","jir_og_title":"Hanwa Co., Ltd. Announces Change in Specified Subsidiary (March 25, 2026)","jir_og_description":"SAN DIEGO VISTA STEEL SERVICE CORP. converted to a consolidated subsidiary. Capital stock 39,200 thousand USD; net sales 45,467 thousand USD (Fiscal Year Ending February 2025). Impact on business performance announced as minimal.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8182,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-36254","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 Change in Specified 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-8078\/ir\/8078-20260325-01_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-8078\/ir\/8078-20260325-01_wp_corporate_restructuring\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-8078\/ir\/8078-20260325-01_wp_corporate_restructuring\/\",\"name\":\"Notice Regarding Change in Specified Subsidiary - 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