岩塚製菓 formally announced that it will dissolve its consolidated subsidiary Tanabe Kasho. Manufacturing and sales by Tanabe Kasho will end in March 2027, and liquidation is scheduled to be completed by December of the same year.
岩塚製菓’s board of directors resolved to dissolve and liquidate Tanabe Kasho, which manufactures and sells karinto. Manufacturing and sales by Tanabe Kasho will end in March 2027, and liquidation is expected to be completed by December of the same year.
Tanabe Kasho was established in January 2009, with capital stock of ¥3 million. Since 2015, 岩塚製菓 has made the company a wholly owned consolidated subsidiary.
Tanabe Kasho’s revenue for the fiscal year ended March 2026 was ¥59.06 million, operating profit was ¥6.81 million and net income was ¥4.63 million. 岩塚製菓 said that the dissolution of the subsidiary would have a minor impact on consolidated results.
The dissolution and liquidation were decided as a means of improving the efficiency of group-wide business operations and making effective use of management resources.