Source disclosure: February 10, 2026
HIKARI BUSINESS FORM CO.,LTD. [3948.T]
TOKYO, Feb 10 (Pulse News Wire) – Hikari Business Form CO.,LTD. (3948.T) announced today that its board of directors has approved plans to repair and renovate the old High Tail factory building instead of demolishing and rebuilding it.
The decision was made due to rising costs and the need to adapt to future trends in outsourcing services and data printing. The investment, estimated at approximately ¥20 billion to ¥25 billion, will focus on refurbishing the interior and exterior of the existing print facility located at Tokyo, Hachiouji Shi Higashi Asakawa Machi553. The project is scheduled to begin operations in June 2026. The company's management believes this move is essential for expanding its outsourcing capabilities and responding to long-term demand growth.
In light of recent economic conditions and cost increases, the company decided to modify its initial plan to rebuild the site from scratch. Instead, they opted to utilize the existing structure, which has sufficient durability for continued use. This strategic shift reflects the company’s commitment to adapting to the evolving landscape of paperless operations and enhancing its competitive position in the market. For the fiscal year ending December 2026, Hikari Business Form maintains its previous earnings forecast outlined in its February 10, 2025, interim report.
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