East Japan Railway Company
Notice Regarding Complete Subsidiarization of Consolidated Subsidiary through Simplified Share Exchange
East Japan Railway Company will make its consolidated subsidiary, JR Chuo Line Community Design Co., Ltd., a wholly owned subsidiary through a share exchange, with the effective date scheduled for March 17, 2026.
Key Figures
- Share Exchange Effective Date: 2026-03-17 (Scheduled)
- Number of our common shares to be delivered by share exchange: 417,501 shares (Scheduled)
- Allocation Ratio: 0.45 shares of our common stock per 1 share of JR Chuo Line Community Design
AI要約
Overview of the Share Exchange
East Japan Railway Company has decided to make its consolidated subsidiary, JR Chuo Line Community Design Co., Ltd., a wholly owned subsidiary through a simplified share exchange. The effective date of this share exchange is scheduled for March 17, 2026, and the company plans to allocate 417,501 shares of its common stock. The allocation ratio is 0.45 shares of our common stock for each 1 share of JR Chuo Line Community Design's common stock. As treasury stock will be used for this allocation, no new shares will be issued. The ratio was determined fairly and reasonably based on evaluations by a third-party institution.
Purpose and Future Outlook
This share exchange is part of the corporate restructuring aimed at realizing the Group Management Vision 'Yusho 2034,' by establishing a more efficient consolidated management system and enhancing the attractiveness along the Chuo Line corridor. The complete subsidiary status will strengthen the integrated group management system and aim to increase corporate value. The impact on our consolidated performance from this share exchange is expected to be minimal, and further information will be disclosed as necessary.
