Ito En, Ltd.
(Update on Disclosed Matter) Notice Regarding Company Split (Simplified Absorption-type Split) with a Consolidated Subsidiary
On May 1, 2026, the vending machine business will be succeeded by ITO EN Neos Co., Ltd. (formerly Neos Co., Ltd.) through a simplified absorption-type split. Mr. Nozomu Kishi has been appointed President.
Key Figures
- Effective Date: 2026-05-01 (planned)
- Capital of Successor Company: 80 million yen
- Number of Issued Shares of Successor Company: 23,400 shares
AI要約
Overview of the Company Split
ITO EN, Ltd. has decided to transfer the vending machine-related business to its consolidated subsidiary, Neos Co., Ltd., through a simplified absorption-type split with an effective date of May 1, 2026. On the same date, the succeeding company will change its trade name to ITO EN Neos Co., Ltd., with Mr. Nozomu Kishi appointed as President. The capital is 80 million yen, and the number of issued shares is 23,400 shares, all 100% owned by ITO EN, Ltd..
Shareholders and Future Outlook
The major shareholder of the succeeding company is ITO EN, Ltd. with a 100% holding ratio. This company split is expected to improve management efficiency and enhance business specialization in the vending machine related business; however, specific impacts on earnings and financial details have not been disclosed. Attention should be paid to future business operations.
Ito En, Ltd.
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