Suspension of Operations at a Salvadoran Subsidiary
INDUSTRIAS UNIDAS, S.A. (IUSA, a consolidated subsidiary of TOYOBO CO.,LTD.)
The site at C.Panamericana km.11 1/2, Ilopango, SAN SALVADOR, EL SALVADOR. The apparel textile manufacturing and sales business.
To concentrate management resources on businesses with higher profitability as part of portfolio reform. This followed a comprehensive review of IUSA's profitability and the possibility of continuing its business.
Consolidated results for the fiscal year ending March 2027
The impact on consolidated results for the fiscal year ending March 2027 is currently under review. If any matters requiring disclosure arise, they will be announced promptly.
Company response
IUSA's apparel textile manufacturing and sales business is scheduled to be suspended at the end of November 2026.
Operations are scheduled to be suspended at the end of November 2026. Appropriate measures will be taken to minimize the impact on customers, business partners, employees and the local community.
The Company will promptly announce any matters that require disclosure.
| Item | Details |
|---|---|
| Event name | Suspension of Operations at a Salvadoran Subsidiary |
| Date of occurrence | 25 August 2026 (the date on which the Board of Directors resolved to suspend the business) |
| Subject Entity | INDUSTRIAS UNIDAS, S.A. (IUSA, a consolidated subsidiary of TOYOBO CO.,LTD.) |
| Target Locations / Products | The site at C.Panamericana km.11 1/2, Ilopango, SAN SALVADOR, EL SALVADOR. The apparel textile manufacturing and sales business. |
| Cause | To concentrate management resources on businesses with higher profitability as part of portfolio reform. This followed a comprehensive review of IUSA's profitability and the possibility of continuing its business. |
| Accounting period in which recognized | Consolidated results for the fiscal year ending March 2027 |
| Impact on Earnings Forecast | The impact on consolidated results for the fiscal year ending March 2027 is currently under review. If any matters requiring disclosure arise, they will be announced promptly. |
| Suspended operations | IUSA's apparel textile manufacturing and sales business is scheduled to be suspended at the end of November 2026. |
| Outlook | Operations are scheduled to be suspended at the end of November 2026. Appropriate measures will be taken to minimize the impact on customers, business partners, employees and the local community. |
| Planned follow-up disclosure | The Company will promptly announce any matters that require disclosure. |
Items this document does not state (15)
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.Following a review of IUSA's profitability and the possibility of continuing its business, as part of portfolio reform to concentrate management resources on businesses with higher profitability.