ARE Holdings, Inc.

5857.T
Waste Management
2026/02/16 Updated
Market Cap: $1.9B (¥294.6B)
Stock Price: $25.15 (¥3,845)
Exchange Rate: 1 USD = ¥152.91

Notice Regarding Company Split (Absorption-type Company Split) Between Consolidated Subsidiaries

Scheduled for April 1, 2026, an absorption-type company split will be conducted between wholly owned subsidiaries to optimize and streamline processes in the precious metals recycling business.

Importance:
Page Updated: February 3, 2026
IR Disclosure Date: February 3, 2026

Key Figures

  • Effective Date: April 1, 2026 (scheduled)
  • Revenue of Business Being Split and Succeeded: 20,256 million yen (Fiscal year ended March 2025)
  • Total Assets to be Split and Succeeded: 53,810 million yen (As of September 30, 2025)

AI要約

Overview of Absorption-type Company Split

ARE Holdings Corporation will implement an absorption-type company split effective April 1, 2026, with its wholly owned subsidiary Asahi Metal Fine Co., Ltd. as the splitting company and Asahi Pretec Corporation as the succeeding company. The objective is to integrate the analysis and refining functions within the precious metals recycling business into the recovery business company to optimize processing stages and improve operational efficiency. There will be no changes in capital, handling of stock acquisition rights, nor allocation of shares.

Impact and Future Outlook

Since this absorption-type company split is an organizational restructuring between wholly owned subsidiaries, the Company judges the impact on consolidated financial results to be minor. There are no issues regarding the fulfilling of obligations by the succeeding company for assumed debts. Assets and liabilities to be split and succeeded as of September 30, 2025, consist of current assets of 52,335 million yen and current liabilities of 52,361 million yen, among others.

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