Toyota Tsusho Corporation
Notice Concerning Company Split with a Subsidiary (Simple Absorption-Type Split)
At today's Board meeting, it was resolved to implement a simple absorption-type split to transfer the food business of the Lifestyle Division Food & Agri Business to TTFC, effective April 1, 2027.
Key Figures
- Split Schedule: April 1, 2027 (scheduled)
- Successor Company: Toyotsu Shokuryou Co., Ltd. 100%
- Individual figures for sales related to the split: Unknown
AI要約
Key Points
Toyota Tsusho Corporation will transfer the food business of the Lifestyle Division Food & Agri Business to its wholly owned subsidiary Toyotsu Shokuryou Co., Ltd. by absorption-type split. The split falls under a simple absorption-type split and will be executed as an abbreviated absorption-type split of the succeeding company TTFC, with no consideration to be delivered. The effective date is scheduled for April 1, 2027.
Impact and Schedule Going Forward
There will be no changes to the names, locations, capital, or fiscal year-ends of Toyota Tsusho Corporation or TTFC after the split, and apart from the transfer of the food business, other business operations are expected to be minimally impacted. The outlook indicates a negligible effect on consolidated results.
Toyota Tsusho Corporation
Company overview · Stock price · Financial data · All IR
