Announcement Regarding Restructuring Of Production System In China
29/07/2025 07:04
July 29 (Reuters) - Koito Manufacturing Co Ltd 7276.T: ANNOUNCEMENT REGARDING RESTRUCTURING OF PRODUCTION SYSTEM IN CHINA SALES OF JAPANESE CARS IN CHINA HAS DECLINED SIGNIFICANTLY DUE TO RAPID RISE OF LOCAL EV MAKERS DIFFICULT TO FORESEE TIMING OF RECOVERY OF JAPANESE MAKERS TO TRANSFER PRODUCTION OF SIGNAL LAMPS FROM HUBEI KOITO TO GUANGZHOU KOITO AND KOITO KYUSHU LIMITED DO NOT EXPECT SIGNIFICANT IMPACT ON CONSOLIDATED FINANCIAL RESULTS FOR THIS FY Source text: ID:nTSsc7f9ef Further company coverage: 7276.T