Joyful Honda Co.,Ltd.
Notice of Basic Agreement on Business Integration between Joyful Honda Co., Ltd. and Arcland Service Co., Ltd. Supplementary Materials
Joyful Honda and Arcland will integrate their management and establish a joint holding company on March 1, 2027. The share transfer ratio is 1 to 1.15, and both companies will become wholly-owned subsidiaries.
Key Figures
- Share Transfer Ratio: 1.15 shares of Joyful Honda per 1 share of Arcland
- Joint Holding Company Registration Date: March 1, 2027 (tentative)
- Number of Issued Shares of Joyful Honda: 63,784,612 shares (as of December 20, 2025)
- Number of Issued Shares of Arcland: 64,733,372 shares (as of February 28, 2026)
AI要約
Background and Purpose of Business Integration
Joyful Honda and Arcland will establish a new home center operating company aiming to be No.1 in Japan through their business integration. Both companies base their operations on stores emphasizing individuality and regional characteristics. Post-integration, they will promote a “Specialty Store Complex-Type Home Center Concept” by gathering regionally leading stores with high expertise and specialized services to expand their store network and enhance product development capabilities.
Method and Schedule of Business Integration
Both companies will form a joint holding company through joint share transfer and transition to a holding company structure. As a result, both companies will become wholly-owned subsidiaries of the joint holding company, which is expected to be listed on the Tokyo Stock Exchange Prime Market. The share transfer ratio is 1.15 shares of Joyful Honda for each 1 share of Arcland. The registration of the joint holding company establishment is scheduled for March 1, 2027. Going forward, the schedule will proceed with the signing of the basic agreement and the shareholders meeting to approve the share transfer plan.
