Source disclosure: January 30, 2026

Fukoku Co., Ltd. [5185.T]

TOKYO, Jan 30 (Pulse News Wire) – Fukoku CO.,LTD. (5185.T) announced today that its board of directors meeting held on October 20, 2025 resolved to establish a new subsidiary in the United States.

The capital contribution to FKC America, Inc., based in Virginia, was completed on January 28, 2026. The primary objective of setting up this new entity is to capitalize on the evolving automotive industry landscape and geopolitical risks, particularly the tariff policies imposed by the U.S. This move aims to enhance the company's presence in the American market through existing products such as dampers and battery gap fillers used by Hyundai Motor Company. Additionally, it seeks to expand sales to existing customers, attract new clients, and enter new markets. FKC America, Inc.

Will have a capital of 7,400,000 US dollars, with Fukoku CO.,LTD. holding 50.0% percent and Fukoku Korea Co., Ltd. holding 50.0% percent of the shares. The company plans to commence operations in January 2027 and expects the factory to cover an area of 59,489 square meters (approximately 17,782 tsubo). Products manufactured and sold will include dampers, heat dissipation gap fillers, and other industrial rubber components.

This establishment is expected to have a minor impact on the consolidated performance of the current fiscal year.

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