FilingReader Intelligence

Oiles reports Ashikaga plant malfunction, production impact expected

October 23, 2025 at 08:09 AM UTCBy FilingReader AI

Oiles Corporation announced a malfunction at its Ashikaga plant, halting operations of its performance testing equipment for seismic isolation and vibration control products since October 1, 2025. The company anticipates a significant period will be required to restore the equipment.

To mitigate the impact, Oiles is exploring alternative measures, including utilizing other in-house equipment and external performance testing facilities. However, the malfunction may still affect shipments of certain products.

The company is currently assessing the potential impact of this issue on its consolidated financial results and pledges to disclose any material information promptly as it arises.

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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