TOKYO, May 29 (Pulse News Wire) – KOA Corporation (6999.T) announced today that its subsidiary VIA electronic GmbH will be dissolved and liquidated following a resolution made at the board meeting held. The decision was based on the company's mid-term management plan for fiscal 2027, which prioritizes efficiency and profit growth through structural reforms such as portfolio review and optimal resource allocation.
After considering VIA’s operational efficiency and future strategic direction, the company decided to dissolve the subsidiary. VIA specializes in the development, manufacturing, and sales of Low Temperature Co-fired Ceramic multilayer substrates.
Key details of VIA electronic GmbH include: - Capital: €455,556 (as of May 29, 2026) - Founded: October 10, 1997 - Major shareholder: KOA Corporation with a holding ratio of 100% (including indirect holdings of 90.00%) - Financial performance: - Net assets: € (FY 2024), € (FY 2025), € (FY 2026) - Total assets: € (FY 2024), € (FY 2025), € (FY 2026) - Revenue: €964,000 (FY 2024), €949,000 (FY 2025), €747,000 (FY 2026) - Operating profit: -€ (FY 2024), -€ (FY 2025), -€ (FY 2026) - Net income: -€ (FY 2024), -€ (FY 2025), -€ (FY 2026) The dissolution process will commence according to local regulations, but the exact timeline remains undetermined. KOA expects the impact on its consolidated earnings for the current period to be minor.
Any significant developments during the liquidation process will be disclosed promptly.
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