Closure of local subsidiaries in Thailand
Thai Asanuma Holdings Co., Ltd. and Thai Asanuma Construction Co., Ltd. (the 2 local subsidiaries in Thailand whose closure was resolved by ASANUMA CORPORATION)
The 2 local subsidiaries in Bangkok, Thailand. Business involving reinforcement work for civil engineering and building structures using carbon fiber
As part of management rationalization
No amount has been disclosed. The impact on consolidated financial results is immaterial.
The impact on consolidated financial results from the closure of the 2 local subsidiaries is immaterial.
Related procedures
Liquidation proceedings associated with the closure of the local subsidiaries
Company response
The business of the 2 local subsidiaries in Thailand. Operations will cease on 30 April 2026.
Operations will cease on 30 April 2026. In connection with the liquidation proceedings, closure of the local subsidiaries is expected to take approximately 1–2 years to complete.
| Item | Details |
|---|---|
| Event name | Closure of local subsidiaries in Thailand |
| Date of occurrence | 31 March 2026 (the date on which the Board of Directors resolved to close the subsidiaries) |
| Date recognized / date notice received | 31 March 2026 (the date on which the Company’s Board of Directors resolved to close the subsidiaries) |
| Subject Entity | Thai Asanuma Holdings Co., Ltd. and Thai Asanuma Construction Co., Ltd. (the 2 local subsidiaries in Thailand whose closure was resolved by ASANUMA CORPORATION) |
| Target Locations / Products | The 2 local subsidiaries in Bangkok, Thailand. Business involving reinforcement work for civil engineering and building structures using carbon fiber |
| Cause | As part of management rationalization |
| Amount of Impact on Business Performance | No amount has been disclosed. The impact on consolidated financial results is immaterial. |
| Impact on Earnings Forecast | The impact on consolidated financial results from the closure of the 2 local subsidiaries is immaterial. |
| Type of litigation or proceeding | Liquidation proceedings associated with the closure of the local subsidiaries |
| Suspended operations | The business of the 2 local subsidiaries in Thailand. Operations will cease on 30 April 2026. |
| Outlook | Operations will cease on 30 April 2026. In connection with the liquidation proceedings, closure of the local subsidiaries is expected to take approximately 1–2 years to complete. |
Items this document does not state (14)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The 2 local subsidiaries will be closed as part of management rationalization.