TOKYO, May 20 (Pulse News Wire) – Futaba Corporation (6986.T) has finalized the dissolution process for its subsidiary, Shobo Precision Mold (China) Co., Ltd., setting the resolution date. Previously, the company had disclosed plans to dissolve the subsidiary on January 24, 2025, and again on April 25, 2025, due to ongoing procedures.
The latest update confirms the completion of internal processes leading to the formal decision. The impact on the company's operating profit remains under assessment.
Futaba Corporation will promptly disclose any significant developments related to this matter moving forward.
🟢 Confidence: High AI-translated content.