Wood One’s New Zealand subsidiary, Juken New Zealand Ltd., announced plans to close the Northland factory to improve profitability and implement structural reforms, as well as proceeding with sales of land and equipment assets. The factory closure is scheduled for the end of August 2026.<\/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":"7898","jir_company_name":"Wood One Corporation","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-07-15","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/7898-20260715-01.pdf","jir_short_summary":"Wood One's New Zealand subsidiary, Juken New Zealand Ltd., announced plans to close the Northland factory to improve profitability and implement structural reforms, as well as proceeding with sales of land and equipment assets. The factory closure is scheduled for the end of August 2026.","jir_summary":"### Overview of Business Restructuring\nWood One's New Zealand subsidiary, Juken New Zealand Ltd., has decided to close the Northland factory to improve profitability and pursue structural reforms. As a result of labor-management negotiations, the veneer manufacturing functions will be transferred to other factories, and sales of land, buildings, and equipment assets are underway. Reconsideration of restructuring plans for the Triboard factory is still ongoing.\n\n### Future Outlook and Impact\nEmployee treatment related to the Northland factory closure is expected to involve transfers or resignations. Related impairment losses have already been recorded in the fiscal year ending March 2026. The effects of asset sales and business restructuring on performance will depend on future developments, with further disclosures planned.","jir_financial_highlights":"Closure of Northland Factory: Unknown (Unknown)\nCapitalization through asset sales: Unknown (Unknown)\nImpairment loss in the fiscal year ending March 2026: Unknown (Recorded in the fiscal year ending March 2026)","jir_category":"","jir_hashtags":"#WoodOne, #IRUpdate, #JapanStocks","jir_key_figures":"Scheduled factory closure date: end of August 2026\nCapitalization through asset sales: Unknown\nRecording of impairment loss: in the fiscal year ending March 2026","jir_meta_title":"\u3010Wood One\u3011Overseas Subsidiary Factory Closure and Business Restructuring | July 2026","jir_meta_description":"Wood One's New Zealand subsidiary announced the closure of the Northland factory and ongoing asset sales as part of its business restructuring. Scheduled for completion by the end of August 2026, with impacts on performance also monitored.","jir_og_title":"\u3010Wood One\u3011Overseas Subsidiary Factory Closure and Business Restructuring | July 2026","jir_og_description":"Wood One\u2019s overseas subsidiary is proceeding with factory closure and asset sales to implement business restructuring. Details and future outlook are explained.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59101,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"disclosure_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-81015","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n