Toho Co., Ltd.
Notice Regarding Company Split (Simplified Absorption-type Split) to Consolidated Subsidiary
Toho Co., Ltd. will effect a simplified absorption-type split as of March 1, 2026, transferring its film screening, distribution, and content utilization businesses to its wholly owned subsidiary TOHO Global in order to accelerate business decision-making and enhance organizational structure.
Key Figures
- Operating Revenue of the Business Segment to be Split: 22,219 million JPY (estimated)
- Total Assets to be Split: 13,500 million JPY (estimated as of October 31, 2025)
- Total Liabilities to be Split: 7,194 million JPY (estimated as of October 31, 2025)
AI要約
Overview of the Company Split
Toho Co., Ltd. has resolved to transfer its film screening and distribution business as well as its content licensing business for overseas markets to its wholly owned subsidiary TOHO Global Co., Ltd. through a simplified absorption-type split. The effective date of the split is scheduled for March 1, 2026. TOHO Global aims to become the primary entity for these businesses, enhancing swift decision-making and organizational development. There will be no change in capital due to the split, and TOHO Global will issue 275 common shares, all of which will be delivered to Toho.
Outlook and Impact
As this absorption-type split is a transaction between wholly owned subsidiaries, the impact on consolidated financial results is expected to be minimal. TOHO Global has no issues regarding its debt servicing capability, and post-split there will be no changes to its name, location, representative, business content, capital, or fiscal year-end. Additional disclosures will be made as necessary in the future.