Shinyei Kaisha (3004) · InitiativeTransition to corporate dissolution and liquidation procedures
Withdrawal from the food import and sales business in the Thai market
First written in FY2022-Q3. 1 of 3 entries say "Achieved", first in FY2022. Latest entry: FY2023.
3entries
2years
0from disclosures
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Exit from Thailand food import and sales business and liquidation of local entityA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
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Full recordFilings, disclosures and news, newest first
- FY2023Transition to corporate dissolution and liquidation proceduresAnnual report
「Shinyei (Thailand) Co., Ltd. was dissolved on 26 September 2022 and is currently being liquidated.」
Following the end of operations in the food import and sales business in the Thai market, the local entity was dissolved on 26 September 2022 and liquidation procedures were initiated. The business withdrawal itself has been completed. - FY2022AchievedAnnual report
「Shinyei (Thailand) Co., Ltd. ceased operations on 30 April 2022.」
Regarding the withdrawal from the food import and sales business in the Thai market decided in the previous quarter, the withdrawal was completed when operations ended on 30 April 2022. - FY2022-Q3First statedAnnual report
「During the third quarter of the current consolidated fiscal year, the Company decided to withdraw from the food import and sales business in the Thai market.」
The Company decided during the third quarter to withdraw from the food import and sales business in the Thai market. It recorded a business restructuring loss of ¥35 million, including expected future costs such as additional retirement payments associated with the withdrawal.