Fuji Seal International expects JPY4.8 bn gain from subsidiary liquidation

Fuji Seal International, Inc. announced on November 18, 2025, that it expects to record extraordinary income from the liquidation of its consolidated subsidiary, Fuji Seal Switzerland AG. This follows the company's prior disclosure on February 9, 2023, regarding the dissolution and liquidation of the overseas subsidiary. The liquidation is set to exclude Fuji Seal Switzerland AG from the consolidated scope in the third quarter of the fiscal year ending March 31, 2026.

The company anticipates a gain on liquidation of approximately JPY 4.8 billion, which includes gains from the reversal of foreign currency translation adjustments. This amount will be recognized as extraordinary income in the consolidated financial statements for the third quarter of fiscal year 2026.

Fuji Seal Switzerland AG, established in 1989, provides maintenance services for packaging machinery, with a capital of CHF 2,000 thousand, and is 100% owned by Fuji Seal International, Inc. The company noted that the estimated gain is consistent with the amount assumed in the FY2025 financial forecast announced on May 13, 2025, and therefore, no revision to the forecast is required.