Nihon Parkerizing to absorb wholly owned Hokkaido subsidiary

Nihon Parkerizing Co., Ltd. announced a decision by its board of directors on December 25, 2025, to absorb its consolidated subsidiary, Hokkaido Parkerizing Co., Ltd., through an absorption-type merger. This strategic move aims to enhance business efficiency through the consolidation of management resources and promote sustainable growth for the Nihon Parkerizing Group. The merger is slated to take effect on April 1, 2026.

Hokkaido Parkerizing, a wholly owned subsidiary, specializes in the sale of metal surface treatment chemicals, rust preventative oils, and contract surface treatment services. Nihon Parkerizing will be the surviving company. As this is a merger with a wholly owned subsidiary, the impact on Nihon Parkerizing's consolidated performance is expected to be minor.

As of March 31, 2025, Nihon Parkerizing reported net assets of 99,879 million yen and total assets of 130,262 million yen, with sales of 44,274 million yen. Hokkaido Parkerizing had net assets of 169 million yen and total assets of 213 million yen, with sales of 335 million yen.