TSUBAKI NAKASHIMA CO.,LTD. [6464.T]
TOKYO, Apr 07 (Pulse News Wire) – Tsubaki Nakashima CO.,LTD. (6464.T) today announced the completion of liquidation procedures for its subsidiary TN ASIA PTE.
LTD. and the recognition of a special loss of approximately ¥1.500 billion in its individual financial statements for the fiscal year ending December 2026. However, the impact on the consolidated financial results will be negligible due to offsetting entries. TN ASIA PTE. LTD., established in January 2013, was headquartered in Singapore and operated as a holding company. It had a capital of SGD ¥42 million, with Tsubaki Nakashima CO.,LTD.
Holding a 100% stake. The decision to liquidate TN ASIA PTE. LTD. was made during a board meeting held on February 19, 2025, as part of a review of the investment structure. The liquidation process concluded on April 07, 2026, marking the end of operations for the subsidiary. While the special loss will affect the individual financial statements, the overall consolidated performance will remain largely unaffected.
🟡 Confidence: Standard AI-translated content.