Dissolution and Liquidation of 2 Chinese Paint Subsidiaries
First written in FY2026-H1. 1 of 3 entries say "Restated". Latest entry: FY2026.
The whole theme swung hardest in 2024: 2 of 11 companies on the "Worse" side.
5 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「This arose in connection with the dissolution of the Company’s consolidated subsidiaries, 藤倉化成塗料（天津）有限公司 and 藤倉化成（佛山）塗料有限公司, and mainly comprises economic compensation payments and other costs for employees.」
In connection with the dissolution of 2 Chinese coatings subsidiaries, the Company recorded a ¥183.519 million loss on the liquidation of an associate. The dissolution decision was recognized as an accounting loss, and the liquidation procedures are scheduled to commence in fiscal 2026. - 2026-06-03RestatedGeneral Meetings of Shareholders
「At a meeting of the Board of Directors held on 25 July 2025, we decided to dissolve the consolidated subsidiaries Fujikura Kasei Coatings (Tianjin) Co., Ltd. and Fujikura Kasei (Foshan) Coatings Co., Ltd. Liquidation procedures are scheduled to begin in fiscal 2026.」
The company reconfirmed the decision to dissolve 2 Chinese coatings subsidiaries and the planned start of liquidation procedures in fiscal 2026. - FY2026-H1First statedAnnual report
「At a meeting of the Board of Directors held on 25 July 2025, we decided to dissolve the consolidated subsidiaries Fujikura Kasei Coatings (Tianjin) Co., Ltd. and Fujikura Kasei (Foshan) Coatings Co., Ltd. Liquidation procedures are scheduled to begin in fiscal 2026.」
The Company decided to dissolve 2 Chinese consolidated subsidiaries and disclosed for the first time that liquidation procedures are scheduled to commence in fiscal 2026.