Toho Co., Ltd.
Notice Regarding Company Split (Simplified Absorption-Type Company Split) with a Consolidated Subsidiary
On March 3, 2026, the Cinemileage business of consolidated subsidiary TOHO Cinemas will be absorbed and split into Toho Co., Ltd., with a new membership service "TOHO-ONE®" scheduled to launch.
Key Figures
- Operating Revenue (Cinemileage Business): 540 million yen (Fiscal Year Ending February 2025)
- Transferred Assets: 1,537 million yen (As of February 28, 2025)
- Transferred Liabilities: 1,537 million yen (As of February 28, 2025)
AI要約
Purpose and Overview of the Company Split
Toho Co., Ltd. will succeed the movie theater membership card "Cinemileage Card" business of its consolidated subsidiary TOHO Cinemas Ltd. through an absorption-type company split effective March 3, 2026. This is part of initiatives to launch a new integrated membership service "TOHO-ONE®" in March 2026, under the new slogan "Moments for Life その時間が、人生の力になる。", which integrates customer bases from movies, theater performances, and merchandise. Starting from approximately 4 million members, TOHO-ONE® aims to grow to a scale of 10 million members by 2032.
Details of the Company Split and Future Outlook
This absorption-type company split is a simplified split between wholly-owned subsidiaries of Toho Co., Ltd., with no allotment of shares or changes in capital. The assets and liabilities to be succeeded are each 1,537 million yen, and it has been judged that there are no issues in fulfilling liabilities. The company split will not result in any changes to the company name or business activities of Toho Co., Ltd., and the impact on consolidated financial results is expected to be minimal. Additional information will be disclosed as needed.
