Start of consultations with labour unions and others concerning the closure of an overseas subsidiary
Fuji Seal France S.A.S. (FSF, our consolidated subsidiary)
Fuji Seal France S.A.S. (France; manufacture and sale of shrink labels and various packaging materials)
To review the European business portfolio after comprehensively considering the market environment surrounding FSF, its earnings performance and future outlook, among other factors
Related procedures
Consultations with labour unions and others, and procedures for closure, in accordance with local laws and regulations
We will proceed with procedures based on local laws and regulations and consultations with labour unions and relevant parties, and decide the final policy based on the results of those consultations. We will promptly disclose any matters requiring disclosure.
The company will promptly disclose any matters requiring disclosure.
| Item | Details |
|---|---|
| Event name | Start of consultations with labour unions and others concerning the closure of an overseas subsidiary |
| Date of occurrence | 21 October 2026 (Japan time; the date on which the Board of Directors resolved to begin consultations) |
| Subject Entity | Fuji Seal France S.A.S. (FSF, our consolidated subsidiary) |
| Target Locations / Products | Fuji Seal France S.A.S. (France; manufacture and sale of shrink labels and various packaging materials) |
| Cause | To review the European business portfolio after comprehensively considering the market environment surrounding FSF, its earnings performance and future outlook, among other factors |
| Type of litigation or proceeding | Consultations with labour unions and others, and procedures for closure, in accordance with local laws and regulations |
| Outlook | We will proceed with procedures based on local laws and regulations and consultations with labour unions and relevant parties, and decide the final policy based on the results of those consultations. We will promptly disclose any matters requiring disclosure. |
| Planned follow-up disclosure | The company will promptly disclose any matters requiring disclosure. |
Items this document does not state (17)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Following an ongoing review of our European business portfolio, we comprehensively considered the market environment surrounding FSF, its earnings performance and future outlook, among other factors, in order to improve the competitiveness and capital efficiency of the group as a whole.