Source disclosure: February 06, 2026
MUSASHI SEIMITSU INDUSTRY CO.,LTD. [7220.T]
TOKYO, Feb 06 (Pulse News Wire) – Musashi Seimitsu Industry CO.,LTD. (7220.T) announced today that its board of directors approved restructuring measures aimed at improving profitability and strengthening the operational foundation of its European operations.
As a result, the company expects to record approximately ¥7.100 billion in special losses related to increased severance payments and associated costs due to plant closures and workforce reductions in the third quarter of the fiscal year ending March 2026. The restructuring plan includes closing three production sites within Germany operated by Musashi Europe GmbH, streamlining operations through site consolidation and organizational reorganization, and transferring production functions to existing facilities in Germany and Hungary.
This move is expected to impact the company's consolidated earnings forecast for the fiscal year ending March 2026. Details of the revised forecasts have been included in the separate press release titled “Amended Full-Year Consolidated Financial Forecast and Dividend Outlook for the Fiscal Year Ending March 2026.”.
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