Suspension of production of major U.S. products and transfer of production to India
First written in FY2025-H1. 4 of 5 entries say "Achieved", first in FY2025. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AchievedAnnual report
「For the purpose of optimizing production, production in North America ended in September 2024. Production of core products was transferred to the Indian subsidiary, after which TBK America, Inc. was dissolved and liquidated on 25 November 2025.」
Following the end of production in North America and the transfer of major product production to India, the liquidation of TBK America, Inc. was completed. - FY2025AchievedAnnual report
「To optimize production, production in North America ended in September 2024, and production of the main products was transferred to the Indian subsidiary.」
Production in North America ended, and production of the main products was transferred to the Indian subsidiary. The dissolution and liquidation procedures for TBK America, Inc. are under way. - FY2025-H1First statedAnnual report
「The company recorded an impairment loss of ¥148 million and a business restructuring loss of ¥609 million due to the suspension of production of major products at its U.S. subsidiary and the transfer of production to its Indian subsidiary. As a result, the interim net loss attributable to owners of the parent was ¥1,240 million, compared with an interim net loss attributable to owners of the parent of ¥68 million in the same period of the previous year.」
The business restructuring to discontinue production of major products at the U.S. subsidiary and transfer production to the Indian subsidiary was identified for the first time as a standalone theme. In connection with the transfer, the company recognized an impairment loss of ¥148 million and a business restructuring loss of ¥609 million.