Source disclosure: January 22, 2026
MTG Co., Ltd. [7806.T]
TOKYO, Jan 22 (Pulse News Wire) – MTG CO.,LTD. (7806.T) resolved to dissolve its subsidiary, MTG Shanghai, during a board meeting held.
The decision was made due to deteriorating market conditions and business environments in China, aiming to optimize resources for sustainable growth within the group. MTG Shanghai, established in June 2013, primarily handled the sale of MTG products in mainland China. With the dissolution, MTG seeks to accelerate global profitability and focus resources on domestic markets to enhance operational efficiency and achieve continuous high growth and profits.
Key details of MTG Shanghai include: - Location: Room 801-2, Wawang Building, No. 211 Shimen Road, Jing'an District, Shanghai, China - Major shareholder: MTG CO.,LTD. holds 100% voting rights - Management: Two employees from MTG serve as directors, and one acts as general manager Financial highlights for the past three fiscal years (in thousands of Chinese yuan): - Revenue: ¥32,513 thousand in 2022, ¥40,010 thousand in 2023, and ¥44,744 thousand in 2024 - Operating profit: ¥2,180 thousand in 2022, ¥13,232 thousand in 2023, and a loss of ¥6,873 thousand in 2024 - Net income: A loss of ¥2,700 thousand in 2022, ¥13,230 thousand in 2023, and ¥6,852 thousand in 2024 The dissolution process will follow local regulations in China, but the exact timeline remains undetermined.
MTG expects the impact on the current fiscal year's performance to be minor; however, any significant developments will be disclosed promptly.
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