Source disclosure: February 10, 2026
Nippon Chemical Industrial Co., Ltd. [4092.T]
TOKYO, Feb 10 (Pulse News Wire) – Nippon Chemical Industrial CO.,LTD. (4092.T) resolved to dissolve its wholly-owned subsidiary, Nikka System Corporation, during a board meeting held.
Established in 1991, Nikka System was initially set up to handle Nippon Chemical's computing operations but later shifted focus to property management and bookstore operations. Due to deteriorating performance in the challenging bookstore industry, the company withdrew from book retailing in 2025, leaving only property management services. With significant revenue decline, continuing operations became inefficient, leading to the decision to integrate remaining activities back into parent company departments and dissolve Nikka System.
Key details of Nikka System include capital of ¥10 million, established on March 05, 1991, and headquartered at Tokyo, Koutou Ku Kameido 9-11-1. As of the latest available data, the company had total assets of ¥519 million, operating profit of ¥12 million, ordinary profit of ¥15 million, and net profit of ¥10 million in fiscal year 2025. Regarding future outlook, while dissolution-related expenses are anticipated, their impact on the consolidated earnings for the fiscal year ending March 2027 is expected to be minor.
Any further developments will be disclosed promptly.
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