Source disclosure: February 26, 2026, 16:00 JST
ORIENTAL CHAIN MFG. CO.,LTD. [6380.T]
TOKYO, Feb 26 (Pulse News Wire) – Oriental Chain Mfg. CO.,LTD.
(6380.T) announced today that its board of directors decided to sell its entire stake in subsidiary Deqing Ausimi Chain Co., Ltd. to Zhejiang Xiangpai Co., Ltd. The transaction is scheduled to take place on 2026. Deqing Ausimi Chain was established in 2012 to supply chain products from China to the parent company's customers in Japan. However, due to slower-than-expected progress in building the supply chain in China, Oriental Chain Mfg. Group determined that divesting the stake would allow for recovery of initial investment and reallocation to more promising growth areas.
Key details of the subsidiary include capital of $70,000 and operations focused on selling roller chains, conveyor chains, and various special chains. As of December 31, 2025, the company reported total assets of ¥1.9 million and revenue of ¥2.2 million. Following the sale, Oriental Chain Mfg. expects the subsidiary to be excluded from its consolidated scope as of 2026. While there could be some disposal gains, the impact on the group’s fiscal year ending March 31, 2026, is expected to be minor. Further updates will be disclosed promptly if necessary.
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