Source disclosure: January 23, 2026
FUTABA CORPORATION [6986.T]
TOKYO, Jan 23 (Pulse News Wire) – Futaba Corporation (6986.T) resolved to dissolve its subsidiary, Futaba Electronics Korea Co., Ltd., during a board meeting held. The decision was made due to declining sales volumes following the cessation of fluorescent display tube and outcell touch sensor businesses.
Futaba Electronics Korea, established on April 1, 2009, operates primarily in electronic equipment product procurement and distribution based in Gyeonggi-do, South Korea. It had a capital of ¥700,000 thousand Won and two employees as of March 2025. The company's major shareholder is Futaba Corporation, holding 100% equity. Recent financial performance shows significant losses.
In the fiscal year ending March 2025, the company reported a net loss of ¥398,011 thousand Won, total assets of ¥834,462 thousand Won, and revenue of ¥1,436,874 thousand Won. Operating losses amounted to ¥270,500 thousand Won. The dissolution process is scheduled to begin in late March 2026, with completion expected by June 2026, subject to local legal requirements and necessary procedures. The impact on Futaba Corporation’s overall performance is currently being assessed, and further updates will be disclosed promptly if needed.
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