Reorganization of the China Business Through the Sale of NPG Japan Shares
First written in FY2024. 2 of 4 entries say "Achieved", first in 2026-05-01. Latest entry: FY2026.
- FY2026AchievedAnnual report
「As all shares in エヌ・ピー・ジー・ジャパン株式会社, formerly a consolidated subsidiary of the Company, were transferred effective 20 October 2025, エヌ・ピー・ジー・ジャパン株式会社 and its subsidiary and sub-subsidiary, 廊坊中本包装有限公司 and 滄州中本華翔新型材料有限公司, respectively, were excluded from the consolidated subsidiaries.」
The plan disclosed in the previous fiscal year to transfer all shares in NPG Japan was completed on 20 October 2025, and the company was excluded from the scope of consolidation. - 2026-05-01AchievedGeneral Meetings of Shareholders
「Because all shares in エヌ・ピー・ジー・ジャパン株式会社 were transferred, エヌ・ピー・ジー・ジャパン株式会社, which was a consolidated subsidiary in the previous fiscal year, 廊坊中本包装有限公司, a consolidated subsidiary and a sub-subsidiary wholly owned by エヌ・ピー・ジー・ジャパン株式会社, and 滄州中本華翔新型材料有限公司, a consolidated subsidiary and a sub-sub-subsidiary wholly owned by 廊坊中本包装有限公司, were excluded from the scope of consolidation.」
The filing states that three companies, including the Chinese subsidiaries in Langfang and Cangzhou, were actually excluded from the scope of consolidation following the transfer of all shares in NPG Japan, completing the previously planned transaction. - FY2025RestatedAnnual report
「At a Board of Directors meeting held on 29 February 2024, the Company resolved to transfer all shares it held in エヌ・ピー・ジー・ジャパン㈱. As a result, エヌ・ピー・ジー・ジャパン㈱ and its subsidiary and sub-subsidiary, 廊坊中本包装有限公司 and 滄州中本華翔新型材料有限公司, respectively, are scheduled to be excluded from the Company's significant subsidiaries.」
The plan to transfer shares and exclude NPG Japan and the 廊坊 and 滄州 companies from the significant subsidiaries continued to be listed as a planned item in the current fiscal year. - FY2024First statedAnnual report
「At a Board of Directors meeting held on 29 February 2024, the Company resolved to transfer all shares it held in エヌ・ピー・ジー・ジャパン㈱. As a result, エヌ・ピー・ジー・ジャパン㈱ and its subsidiary and sub-subsidiary, 廊坊中本包装有限公司 and 滄州中本華翔新型材料有限公司, respectively, are scheduled to be excluded from the Company's significant subsidiaries.」
The Company resolved to transfer all shares in NPG Japan and disclosed for the first time its plan to exclude NPG Japan, 廊坊中本包装有限公司 and 滄州中本華翔新型材料有限公司 from its significant subsidiaries.