NEXTAGE Co., Ltd.

3186.T
Auto & Truck Dealerships
2026/08/21 Updated
Market Cap: $1.8B (¥281.0B)
Stock Price: $22.55 (¥3,585)
Exchange Rate: 1 USD = ¥158.98

Notice Regarding Company Split (Simplified Absorption-Type Company Split)

Nextage Co., Ltd. will implement a simplified absorption-type company split on June 1, 2026, transferring four businesses including the Volvo business to wholly owned subsidiaries to clarify business responsibility and promote swift decision-making.

Importance:
Page Updated: April 15, 2026
IR Disclosure Date: April 15, 2026

Key Figures

  • Net Sales (FY ending November 2025): 652,072 million yen
  • Net Income Attributable to Owners of Parent (FY ending November 2025): 12,811 million yen
  • Total Sales of Businesses Subject to Split (FY ending November 2025): Approximately 42,540 million yen

AI要約

Overview of Company Split

Nextage Co., Ltd., by resolution of its Board of Directors on April 15, 2026, decided to transfer the Volvo Business, Jaguar Land Rover and BYD Business, Maserati Business, and Autostage Business to four wholly owned subsidiaries—ett Co., Ltd., Shin Co., Ltd., Fiorente Co., Ltd., and ism Co., Ltd.—each established by the company, through a simplified absorption-type company split. The effective date of the company split is scheduled for June 1, 2026, and shareholder meeting approval is not required. The split aims to clarify business responsibility, expedite decision-making, and strengthen responsiveness to diversifying customer needs.

Businesses Subject to Split and Future Outlook

The total net sales of the four businesses subject to the split for the fiscal year ending November 2025 amount to approximately 42,540 million yen. Each subsidiary was established with a capital stock of 10 million yen. There will be no change in capital stock due to the split, and post-split, there will be no changes to company names, locations, representatives, business descriptions, or fiscal periods. The company assesses the impact of the split on its performance to be minimal.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Nextage Co., Ltd.

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