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Kurita Water Industries to streamline operations with subsidiary split

March 17, 2025 at 07:12 AM UTCBy FilingReader AI

Kurita Water Industries (TSE:6370) announced it will execute a company split, transferring its Tohoku regional business to its wholly-owned subsidiary, Kurita East Japan Co., Ltd., effective October 1, 2025. This move, structured as a simplified absorption-type company split, aims to bolster Kurita's presence in the general industry segment within Japan. Kurita East will leverage its resources in water treatment chemicals, facilities, and maintenance to offer integrated solutions, promote contract business, and support dealerships in the Tohoku region. As part of Kurita Group's medium-term plan, “Pioneering Shared Value 2027 (PSV-27)”, this restructuring follows the consolidation of domestic sales companies into Kurita East and West Japan Co. on April 1, 2024. The goal is to strengthen customer contact, share best practices, and accelerate the creation and delivery of CSV (Creating Shared Value) solutions. The company expects minimal impact on its consolidated financial results due to this internal reorganization.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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