Ito En, Ltd.
Notice Regarding Company Split (Simplified Absorption-Type Company Split) with a Consolidated Subsidiary
On May 1, 2026, the vending machine business will be transferred to wholly owned subsidiary Neos Co., Ltd. through a simplified absorption-type company split to pursue business structure reform and improve profitability.
Key Figures
- Revenue of the split business: 45,802 million yen (Fiscal year April 2025)
- Total assets of the split business: 18,466 million yen (As of December 31, 2025)
- Total liabilities of the split business: 0 million yen (Unknown)
AI要約
Overview of the Company Split
ITO EN, LTD. resolved to transfer its vending machine-related business to its wholly owned subsidiary Neos Co., Ltd. by way of a simplified absorption-type company split effective May 1, 2026. This company split is a simplified and abbreviated split based on the Companies Act and will be executed without shareholder meeting approval. There will be no changes to capital stock or treatment of stock acquisition rights due to the split.
Purpose and Future Outlook
The purpose of this company split is to swiftly respond to social and environmental changes, reform the business structure, and concentrate capital on core brands to establish flexible strategic capability and profitability. Following the split, Neos Co., Ltd. is scheduled to change its trade name to "ITO EN Neos Corporation" effective May 1, 2026. Since this split occurs between wholly owned subsidiaries, the impact on consolidated financial results is expected to be minimal.
ITO EN, LTD.
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