OGAWA's German Subsidiary Pays 2.29 Million Euros in Back Taxes and Late Fees

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OGAWA announced that its wholly-owned German subsidiary, MEDISANA GmbH, has completed the payment of back taxes and late fees totaling 2.29 million euros, equivalent to approximately 17.82 million yuan. The German tax authorities had initially demanded 2.39 million euros, but after negotiations the amount was reduced to 2.29 million euros, covering the period from 2019 to 2021. In the first quarter of 2026, the company achieved revenue of 1.276 billion yuan, with a net loss attributable to the parent company of 66.14 million yuan.

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MEDISANA GmbHPrivate▼ Negative
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MEDISANA GmbH paid 2.29 million euros in back taxes and late fees.

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