East Japan Railway Company

2026/02/17 Updated
Market Cap: $28.0B (¥4.3T)
Stock Price: $24.78 (¥3,789)
Exchange Rate: 1 USD = ¥152.91

(Change in Disclosure) Partial Amendment to the Notice Regarding the Business Succession by Company Split (Simplified Absorption-type Split)

In the company split scheduled for April 1, 2026, the rental business was added to the real estate securitization business, increasing net sales from JPY 4,519 million to JPY 7,232 million and expanding assets from JPY 7,181 million to JPY 12,195 million.

Importance:
Page Updated: February 10, 2026
IR Disclosure Date: February 10, 2026

Key Figures

  • Net Sales (Fiscal Year Ending March 2025): JPY 7,232 million (post-change)
  • Total Assets for Business Succession by Split (As of December 31, 2025): JPY 12,195 million
  • Effective Date of Absorption-type Split: April 1, 2026 (scheduled)

AI要約

Details of Changes to Company Split

East Japan Railway Company has amended the announcement regarding the company split dated December 2, 2025. The changes include adding rental businesses to the business subject to succession by the split, resulting in an increase in net sales from JPY 4,519 million to JPY 7,232 million and an expansion of assets from JPY 7,181 million to JPY 12,195 million. The effective date of the absorption-type split is scheduled for April 1, 2026. As this is a simplified absorption-type split, no shareholders meeting will be held.

Impact on Investors and Future Outlook

This change in the company split aims to accelerate the revolving business in line with the group management vision “Yusho 2034.” It is a measure to expand earnings through value enhancement of rental properties and others, expecting an increase in asset size and business scope. For investors, this is noteworthy as part of the growth strategy, but concrete impacts on earnings and financial indicators will require future disclosures.

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