TOKYO, Mar 23 (Pulse News Wire) – Superbag Company,limited (3945.T) announced today that the liquidation process of its subsidiary, Shanghai Shiba Packaging Materials Co., Ltd., was completed. Shanghai Shiba Packaging Materials Co., Ltd., established on April 28, 1993, operates in poly bag manufacturing and is located in Songjiang Industrial Zone, Yu Tang Road 508, Shanghai, China.

The company's capital stands at ¥39,342 thousand yuan, and its largest shareholder is Superbag Company,limited with a holding ratio of 100.0%. The impact of this liquidation on Superbag Group’s consolidated results for the fiscal year ending March 2026 has already been reflected in the revised earnings forecast released on February 6, 2026.

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