Source disclosure: March 05, 2026, 10:00 JST
Published by Pulse News Wire: March 05, 2026, 10:01 JST
WARABEYA NICHIYO HOLDINGS CO.,LTD. [2918.T]
TOKYO, Mar 05 (Pulse News Wire) – Warabeya Nichiyo Holdings CO.,LTD. (2918.T) released further details on a fire incident at its Sapporo factory, which occurred on February 16, 2026, around 4:52 PM local time.
The fire was extinguished approximately six hours later at 10:52 PM. The cause of the fire was determined to involve operational errors and equipment malfunctions leading to gas leakage, which ignited manufacturing machinery. One employee sustained minor injuries, while parts of the building and manufacturing equipment were damaged. Smoke spread throughout the facility, causing significant disruption.
The company has halted operations at the site pending recovery efforts but has yet to determine the cost and timeline for restoration. As a result, production has been temporarily transferred to the Kushiro plant operated by WarabeYa Hokkaido Co., Ltd., with assistance from other industry partners. In addition, WarabeYa Nichiyoholdings has proposed relocating some staff to other group facilities and offering voluntary retirement options. The company anticipates recording special losses related to fixed asset impairment and associated costs for the fiscal year ending February 2026 due to the incident.
Insurance claims are currently being assessed by the insurer, and the final impact on earnings remains undetermined until further investigation concludes.
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