Tokyo Electric Power Company Holdings, Incorporated
Notice Regarding Company Split (Simplified Absorption-Type Split)
Scheduled for March 31, 2026, the shared office business 'SoloTime' will be transferred to Nomura Real Estate via a simplified absorption-type split, with expected proceeds of 750 million yen.
Key Figures
- Split Consideration: 750 million yen
- Shared Office Business Net Sales: 1,046 million yen (Fiscal Year Ending March 2025)
- Shared Office Business Operating Income: △103 million yen (Fiscal Year Ending March 2025)
AI要約
Overview of Company Split
Tokyo Electric Power Company Holdings, Inc. resolved to transfer the shared office business 'SoloTime' to Nomura Real Estate Co., Ltd. through a simplified absorption-type split effective March 31, 2026. The company expects to receive 750 million yen as split consideration, with no change in capital stock. The business recorded net sales of 1,046 million yen and operating loss of 103 million yen for the fiscal year ending March 2025.
Purpose and Future Outlook
The purpose of this absorption-type split is to leverage Nomura Real Estate’s high level of expertise to enhance business operational efficiency and improve service quality. There will be no impact on existing customers’ services, and the effect on consolidated earnings is expected to be minimal. Tokyo Electric Power Company Holdings and Nomura Real Estate have maintained a partnership in the shared office business since July 2020.
