Items stated in the management plan
This document does not state the plan name, plan period, or numerical targets.
From the standpoint of improving JNL's profitability and strengthening its competitiveness, it was decided that the veneer manufacturing function handled by the Northland factory would be transferred to the company's Wairarapa factory and that the Northland factory would be closed. Potential buyers were sought on the assumption that the veneer business would be transferred, but no suitable candidate could be identified.
| Item | Details |
|---|---|
| Reason for revision or withdrawal | From the standpoint of improving JNL's profitability and strengthening its competitiveness, it was decided that the veneer manufacturing function handled by the Northland factory would be transferred to the company's Wairarapa factory and that the Northland factory would be closed. Potential buyers were sought on the assumption that the veneer business would be transferred, but no suitable candidate could be identified. |
| Risks identified | The impact on business performance may fluctuate depending on the progress of the business reorganization and other factors going forward. |
| Date of board resolution | 15 July 2026 |
| Publication date | 15 July 2026 |
Items this document does not state (21)
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.To improve JNL's profitability and strengthen its competitiveness. Potential buyers for the veneer business were sought, but no suitable candidate was identified, so the closure was decided following consultations between labor and management.