Nhk Spring (5991) · InitiativeAdvanced
Selective Concentration of Management Resources Through the Liquidation of Two Chinese Sheet Business Subsidiaries
First written in FY2026-H1. 1 of 2 entries say "Advanced", first in FY2026. Latest entry: FY2026.
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Liquidation of 2 subsidiaries in the China seat businessA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
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- FY2026AdvancedAnnual report
「The following 2 consolidated subsidiaries are currently undergoing liquidation procedures. 湖北日発汽車零部品有限公司, NHKスプリングヨーロッパ社」
In addition to the decision to liquidate its Chinese seat-business subsidiaries, the company disclosed that 湖北日発汽車零部品有限公司 and NHKスプリングヨーロッパ社 are currently undergoing liquidation procedures. - FY2026-H1First statedAnnual report
「In light of these changes in the business environment and the need to select and concentrate management resources, the company decided to liquidate the consolidated subsidiary and the equity-method affiliate concerned.」
In response to slowing sales by Japanese automakers in China, the company decided to liquidate 湖北日発汽車零部品有限公司 and 広州福恩凱汽配有限公司. The timing of the liquidations will be after completion of procedures under local laws and regulations, and no specific date has been set.