{"id":77832,"date":"2026-07-10T08:32:44","date_gmt":"2026-07-09T23:32:44","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/7279-20260710-01_wp_corporate_restructuring\/"},"modified":"2026-07-10T08:32:44","modified_gmt":"2026-07-09T23:32:44","slug":"7279-20260710-01_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-7279\/ir\/7279-20260710-01_wp_corporate_restructuring\/","title":{"rendered":"Notice Regarding Transfer (Liquidation) of a Specific Subsidiary"},"content":{"rendered":"<p>Resolution to liquidate HI-LEX AMERICA INC. Reorganizing the North American production structure by liquidating HI-LEX AMERICA INC. among five manufacturing subsidiaries in the United States. In the future, continue to shift toward high value-added products. Start dissolution and liquidation procedures after 2028. A special loss of 1.0\u20132.0 billion yen is anticipated in fiscal 2026, to be disclosed once finalized.<\/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":"7279","jir_company_name":"Hi-Lex Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-07-10","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/7279-20260710-01.pdf","jir_short_summary":"Resolution to liquidate HI-LEX AMERICA INC. Reorganizing the North American production structure by liquidating HI-LEX AMERICA INC. among five manufacturing subsidiaries in the United States. In the future, continue to shift toward high value-added products. Start dissolution and liquidation procedures after 2028. A special loss of 1.0\u20132.0 billion yen is anticipated in fiscal 2026, to be disclosed once finalized.","jir_summary":"### Background and Decision\nAt the meeting of the Board of Directors held today, it was resolved to liquidate HI-LEX AMERICA INC. In response to decreased demand for control cables and technological shifts, the Company will review and reorganize the North American production structure, restructuring manufacturing in the United States. HIA will be targeted for liquidation as a specific subsidiary. The policy is to continue and expand the shift toward high value-added products in the U.S. market.\n\n### Procedures and Outlook\nAfter completing the production restructuring, dissolution and liquidation procedures will commence. Currently, the start of procedures is anticipated in fiscal 2028. A special loss of approximately 1.0\u20132.0 billion yen is expected in fiscal 2026, with the exact amount to be disclosed after finalization.","jir_financial_highlights":"Estimated special loss: 1.0\u20132.0 billion yen (Unknown)\nHIA liquidation decision: Unknown (Unknown)","jir_category":"","jir_hashtags":"#Hi-LexCorporation, #IR, #JapaneseStocks","jir_key_figures":"Estimated special loss: 1.0\u20132.0 billion yen\nStart of dissolution\/liquidation procedures: expected in fiscal 2028\nTarget subsidiary: HI-LEX AMERICA INC. (Battle Creek, Michigan)","jir_meta_title":"Hi-Lex Corporation Resolves to Liquidate a Specific Subsidiary | July 2026","jir_meta_description":"Hi-Lex Corporation resolves the liquidation of HI-LEX AMERICA INC. in the United States. Announces production structure reorganization and shift toward high value-added products. Start procedures in fiscal 2028; special loss for fiscal 2026 estimated at 1.0\u20132.0 billion yen.","jir_og_title":"Hi-Lex Corporation Resolves to Liquidate a Specific Subsidiary | July 2026","jir_og_description":"Resolution to liquidate the U.S. subsidiary HI-LEX AMERICA INC. Reforms production structure and promotes shift to high value-added products, with procedures to begin in fiscal 2028.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9436,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-77832","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 Transfer (Liquidation) of a Specific 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-7279\/ir\/7279-20260710-01_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-7279\/ir\/7279-20260710-01_wp_corporate_restructuring\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-7279\/ir\/7279-20260710-01_wp_corporate_restructuring\/\",\"name\":\"Notice Regarding Transfer (Liquidation) of a Specific Subsidiary - 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