Itoki Corporation

7972.T
Furnishings, Fixtures & Appliances
2026/02/17 Updated
Market Cap: $984.2M (¥151.2B)
Stock Price: $19.92 (¥3,060)
Exchange Rate: 1 USD = ¥153.61

Notice Regarding Absorption Merger (Simplified Merger) of a Consolidated Subsidiary

Itoki Corporation will absorb its wholly owned subsidiary Itoki Shared Value Inc. as of October 1, 2026, to consolidate its environmental support business.

Importance:
Page Updated: January 26, 2026
IR Disclosure Date: January 26, 2026

Key Figures

  • Scheduled merger date: October 1, 2026
  • Net assets of Itoki Corporation: 49,342 million yen (FY ending December 2024)
  • Net sales of Itoki Shared Value Inc.: 338 million yen (FY ending December 2024)

AI要約

Overview of the Merger

Itoki Corporation has resolved to absorb its wholly owned subsidiary, Itoki Shared Value Inc., effective October 1, 2026. This merger will be conducted through a simplified absorption merger method, and Itoki Shared Value Inc. will be dissolved. There will be no allocation of shares or handling of stock acquisition rights associated with this merger. The purpose of the merger is to integrate the environmental support business, enabling flexible work styles, cost optimization, and maximizing customer and environmental value.

Impact on Shareholders and Future Outlook

This merger targets a wholly owned subsidiary, so convening a shareholders’ meeting is not required. Post-merger, there will be no changes to Itoki Corporation’s name, location, representatives, capital, or fiscal year-end. The impact on consolidated financial results is expected to be minimal.

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