The dissolution and liquidation of 菱商韓国株式会社, a consolidated subsidiary of RYODEN
菱商韓国株式会社, a consolidated subsidiary of RYODEN Corporation (RYODEN Corporation's ownership interest: 100%)
Gangseo-gu, Seoul, Republic of Korea; electronics sales business
The business was operated from 2012 to expand operations in East Asia, but in light of recent performance and the business environment, the RYODEN Group decided to optimize its management resources.
Not disclosed (the impact on consolidated results is described as minor, but no amount or accounting classification is provided)
No impact on the earnings forecast is stated. The impact of this matter on the company's consolidated results is described as minor.
Completion of the liquidation is scheduled for November 2026. If any matters requiring disclosure arise, they will be announced promptly.
| Item | Details |
|---|---|
| Event name | The dissolution and liquidation of 菱商韓国株式会社, a consolidated subsidiary of RYODEN |
| Date of occurrence | Not disclosed (the document is dated 30 March 2026, but no decision date is specified) |
| Subject Entity | 菱商韓国株式会社, a consolidated subsidiary of RYODEN Corporation (RYODEN Corporation's ownership interest: 100%) |
| Target Locations / Products | Gangseo-gu, Seoul, Republic of Korea; electronics sales business |
| Cause | The business was operated from 2012 to expand operations in East Asia, but in light of recent performance and the business environment, the RYODEN Group decided to optimize its management resources. |
| Amount of Impact on Business Performance | Not disclosed (the impact on consolidated results is described as minor, but no amount or accounting classification is provided) |
| Impact on Earnings Forecast | No impact on the earnings forecast is stated. The impact of this matter on the company's consolidated results is described as minor. |
| Outlook | Completion of the liquidation is scheduled for November 2026. If any matters requiring disclosure arise, they will be announced promptly. |
| Planned follow-up disclosure | If any matters requiring disclosure arise, they will be announced promptly. |
Items this document does not state (16)
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 optimize the allocation of the RYODEN Group's management resources in light of recent performance and the business environment.