KIMURA UNITY CO.,LTD. [9368.T]
TOKYO, May 18 (Pulse News Wire) – Kimura Unity CO.,LTD. (9368.T) revised its plan to dissolve a subsidiary and establish a new one due to delays in implementing changes related to its Chinese operations.
Originally disclosed on April 27, the company now expects the new subsidiary to be established on February 27, 2026, with operations beginning in July 2026, instead of the previously stated June 1, 2026. In a statement, the company noted that the delay was caused by slower-than-expected progress in local procedures. The new subsidiary, Changshu Ki Shin Logistics Co., Ltd., will focus on warehouse and logistics services for supply parts in China.
It will have a capital of ¥100 million yuan and will be headquartered in Suzhou City, Jiangsu Province. Additionally, Kimura Unity reported a special loss of ¥148.9 million yuan due to restructuring costs associated with the dissolution of Tianjin Kimura Jinhe Logistics Co., Ltd., which was dissolved on November 27, 2025. The company's revenue for the fiscal year ending March 31, 2026, is expected to be 1,768 million yen, reflecting the impact of these changes.
The company’s decision to dissolve the less profitable Tianjin operation and invest directly in two more promising locations aligns with its strategy to enhance long-term value.
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