Source disclosure: January 07, 2026
Miyakoshi Holdings,Inc. [6620.T]
TOKYO, Jan 07 (Pulse News Wire) – Miyakoshi Holdings,inc. (6620.T) announced today that its subsidiary Shenzhen Huangguan Electronics Co., Ltd.
(referred to as “Crown Electronics”) received demolition permits from the Futian District Government for existing structures. The demolition follows the acquisition of substantial development permissions for the World Innovation Center project in August 2025. The demolition involves the removal of factory buildings, dormitories, dining facilities, and associated structures within the Crown Industrial Zone in Shenzhen's Futian District.
The total floor area of buildings to be demolished is 91797.89 square meters, while the constructed area measures 2,609.78 square meters. The demolition process is expected to last approximately five months. Regarding the impact on performance, Miyakoshi Holdings stated that costs related to the demolition and their effect on future consolidated earnings beginning in March 2026 are currently being assessed.
Further details will be disclosed once finalized.
AI-translated content. 🟢 Confidence: High See terms • Original filing