TBS Holdings,Inc.
Notice Regarding Business Succession through Company Split (Simplified Absorption-Type Split) with Wholly-Owned Subsidiary
Scheduled for April 1, 2026, TBS Holdings, Inc. will succeed real estate owned by its wholly-owned subsidiary TBS Television (book value approximately 68.7 billion yen) through an absorption-type split. The impact on consolidated results is expected to be minimal.
Key Figures
- Book value of subject real estate: 68,778 million yen (as of March 31, 2025)
- Sales of business to be succeeded: 1,529 million yen (Fiscal year ending March 2025)
- Effective date of this absorption-type split: April 1, 2026 (scheduled)
AI要約
Overview of Company Split
TBS Holdings, Inc. has resolved to succeed part of the rights and obligations related to real estate owned by its wholly-owned subsidiary, TBS Television, through a simplified absorption-type split effective as of April 1, 2026. The targeted real estate is the TBS Broadcasting Center (Akasaka, Minato-ku, Tokyo), with a book value of approximately 68.7 billion yen. This absorption-type split will be conducted without compensation, and there will be no change to the capital stock.
Future Outlook and Impact
Since this absorption-type split is a transaction between wholly-owned subsidiaries, shareholder meeting approval is not required, and the impact on consolidated results is expected to be minimal. This is part of the TBS Group's mid-term management plan 2026 aimed at improving capital efficiency and strengthening asset portfolio management. There will be no changes to the company's name, location, representative, or capital after the split.
