Source disclosure: February 02, 2026
FUTABA INDUSTRIAL CO.,LTD. [7241.T]
TOKYO, Feb 02 (Pulse News Wire) – Futaba Industrial CO.,LTD. (7241.T) decided to increase capital in its Chinese subsidiary Tianjin Shuangxie Machinery Industry Co., Ltd.
During a board meeting held on February 02, 2026. As a result, Tianjin Shuangxie's capital will exceed 1% of Futaba Industrial’s total capital, making it a significant subsidiary. Theis aimed at resolving debt issues before initiating liquidation procedures after consolidating production activities from Tianjin Shuangxie to another entity, as previously announced in a press release dated October 30, 2024. Key details of the subsidiary include: - Name: Tianjin Shuangxie Machinery Industry Co., Ltd.
- Location: Tianjin City, China - Business: Manufacturing and selling vehicle parts - Pre-increase capital: $6.5 million (approximately ¥1 billion) - Establishment date: February 01, 2002 - Major shareholder: Futaba Industrial CO.,LTD. with a holding ratio of 100.00% Post-increase capital will amount to $27 million (approximately ¥4.100 billion), raising Futaba Industrial’s stake to 100%. This capital injection is expected to have no significant impact on consolidated performance, but Futaba Industrial will promptly disclose any material changes resulting from this action. Additionally, the company also decided to reduce capital in another Chinese subsidiary as part of internal capital efficiency measures.
Details of this reduction can be found in a separate announcement.
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