Optimization and rationalization of overseas production bases through the dissolution of subsidiaries in China and Indonesia
First written in FY2017-Q3. 12 of 14 entries say "Advanced", first in FY2017. Latest entry: 2026-08-07.
60 other companies' latest entry also says "Advanced".
- 2026-08-07AdvancedM&A and Subsidiary Changes
「As stated in the Notice Regarding the Suspension of Operations of the Korean Subsidiary disclosed on 23 December 2025, we have suspended the operations of 原振精工. However, after comprehensively considering the future outlook, we have decided to dissolve the subsidiary.」
The optimization of overseas production sites progressed from suspending operations at the Korean subsidiary to a dissolution resolution, giving concrete form to the consolidation of the site. Completion of liquidation was scheduled for February 2027. - FY2026AdvancedAnnual report
「In the production equipment business, after comprehensively considering profitability and future growth potential, the company dissolved its Chinese subsidiary and suspended operations at its South Korean subsidiary. Through these measures, it advanced the rationalization and consolidation of overseas sites, while working to improve the efficiency of its business base and focus the allocation of management resources.」
The company dissolved its Chinese subsidiary and suspended operations at its South Korean subsidiary, moving from its previous site restructuring and workforce optimization to the rationalization and consolidation of overseas production sites. - FY2026-H1AdvancedAnnual report
「The company recorded ¥61 million as a business restructuring loss for costs related to the dissolution and other matters concerning the Chinese subsidiary of the production equipment business. The loss consisted mainly of legal fees and other expenses.」
Regarding the optimization of Chinese production sites, the company moved to the stage of recording costs related to the dissolution of subsidiaries and other matters as a business restructuring loss. - FY2025AdvancedAnnual report
「The company recorded ¥598 million as a business restructuring loss for costs and other expenses associated with suspending operations at the Chinese subsidiary of the production equipment business. The loss consisted mainly of additional retirement payments and other expenses.」
Regarding the optimization of Chinese production sites, the company recorded ¥598 million in costs associated with the resolution to dissolve and suspension of operations at the Kunshan subsidiary, moving the restructuring into the implementation stage. - FY2025-H1AdvancedAnnual report
「Suspension of operations at the Chinese subsidiary in Kunshan in the production equipment business」
As part of the optimization of overseas production sites in the production equipment business, the company suspended operations at its Chinese subsidiary in Kunshan. - FY2024-Q3AdvancedAnnual report
「Promotion of an optimal production system in the production equipment business through the consolidation of domestic plants and workforce optimization at Chinese production sites」
Regarding the optimization of overseas production sites, the company moved from promoting the restructuring of Chinese production sites to establishing a production system based on workforce optimization. It is also promoting the consolidation of domestic plants. - FY2024-Q2AdvancedAnnual report
「Promotion of the restructuring of Chinese production sites in the production equipment business」
Regarding the optimization of overseas production sites, the company moved to the stage of promoting the restructuring of its Chinese production sites. - FY2024-Q1AdvancedAnnual report
「Decision to close the Akashi Seiki plant in the production equipment business and consideration of restructuring Chinese production sites」
Regarding the optimization and rationalization of overseas production sites, the company decided to close the domestic Akashi Seiki plant in addition to considering the restructuring of its Chinese production sites. - FY2019-Q2AchievedAnnual report
「During the three-month consolidated accounting period ended in the second quarter, 起信精密模具(天津)有限公司 was liquidated and therefore excluded from the scope of consolidation.」
For the Chinese subsidiary in Tianjin, the process advanced from liquidation proceedings to completion of liquidation and exclusion from the scope of consolidation, completing the measure to optimize overseas production sites through dissolution and liquidation. - FY2017AdvancedAnnual report
「起信精密模具(天津)有限公司 resolved to dissolve in September 2016 and is currently undergoing liquidation proceedings.」
The company disclosed that its Chinese subsidiary in Tianjin had moved to liquidation proceedings following the resolution to dissolve it. - FY2017-Q3First statedAnnual report
「In the production equipment business, the company decided to dissolve its subsidiaries in China (Tianjin) and Indonesia in order to optimize and rationalize its overseas production sites.」
As a specific measure to optimize and rationalize overseas production sites in the production equipment business, the company decided to dissolve its subsidiaries in China (Tianjin) and Indonesia.