Ito En, Ltd.
Notice of Split of a Consolidated Subsidiary (Simplified Absorption-type Split)
Today, by resolution of the Board of Directors, a simplified absorption-type split of manufacturing operations into a consolidated subsidiary will take effect on May 1, 2027. The successor is Itoen Tea Factory Co., Ltd. The split involves no share allocation and no change in capital. The impact on future consolidated results is expected to be minor.
Key Figures
- Effective date of this company split: May 1, 2027 (planned)
- Split agreement signing date: August 27, 2026
- Successor company: Itoen Tea Factory Co., Ltd.
- Assets (at split date): 12,049百万円 (fixed assets) + 153百万円 (current assets) = 12,203百万円
- Increase/decrease of successor assets and liabilities will be finalized by the effective date
AI要約
Overview of the split
The company resolved to implement a simplified absorption-type split in which part of the manufacturing business will be succeeded by Itoen Tea Factory. The absorption-type split agreement was signed on August 27, 2026, the succession date is March 2027, and the effective date is planned for May 1, 2027. The split will have the successor company assume rights and obligations. No share issuance will be conducted, and there will be no change in the treatment of stock acquisition rights. Capital will not increase or decrease.
Impact and outlook going forward
The split is a transaction between the company and its wholly owned subsidiary, and its impact on consolidated results is expected to be minor. The assets and liabilities to be succeeded fall within the scope of contractual rights and obligations. Through this organizational restructuring, we aim to consolidate manufacturing functions, improve operational efficiency, and clarify responsibility allocation, thereby strengthening the post-merger management structure.
Itoen Co., Ltd.
Company overview · Stock price · Financial data · All IR
