TOKYO, Mar 18 (Pulse News Wire) – Shinko Holdings Corporation (312A.T) announced today that its subsidiary, Meishin Pipelining Co., Ltd., had resolved at a board meeting held on March 17, 2026 to construct a new headquarters building in Nagoya. The decision was made to enhance operational efficiency and strengthen future business foundations due to expanding operations and increased orders necessitating additional personnel and functions.
The proposed new facility, located at Aichi, Nagoya Shi Minato Ku Nana Ban Chou San Choume 20-1, is estimated to cost ¥282.4 million. However, the acquisition price is subject to change.
The construction agreement is expected to be finalized sometime after March 2026, with the property scheduled for delivery beginning April 2027. In terms of impact on the current fiscal performance, the company anticipates minimal effects.
Shinko Holdings will promptly disclose any significant developments related to this project going forward.
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