Today, by resolution of the Board of Directors, a simplified absorption-type split of manufacturing operations into a consolidated subsidiary will take effect on May 1, 2027. The successor is Itoen Tea Factory Co., Ltd. The split involves no share allocation and no change in capital. The impact on future consolidated results is expected to be minor.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"2593","jir_company_name":"Itoen Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-27","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/2593-20260827-01.pdf","jir_short_summary":"Today, by resolution of the Board of Directors, a simplified absorption-type split of manufacturing operations into a consolidated subsidiary will take effect on May 1, 2027. The successor is Itoen Tea Factory Co., Ltd. The split involves no share allocation and no change in capital. The impact on future consolidated results is expected to be minor.","jir_summary":"### Overview of the split\nThe company resolved to implement a simplified absorption-type split in which part of the manufacturing business will be succeeded by Itoen Tea Factory. The absorption-type split agreement was signed on August 27, 2026, the succession date is March 2027, and the effective date is planned for May 1, 2027. The split will have the successor company assume rights and obligations. No share issuance will be conducted, and there will be no change in the treatment of stock acquisition rights. Capital will not increase or decrease.\n\n### Impact and outlook going forward\nThe split is a transaction between the company and its wholly owned subsidiary, and its impact on consolidated results is expected to be minor. The assets and liabilities to be succeeded fall within the scope of contractual rights and obligations. Through this organizational restructuring, we aim to consolidate manufacturing functions, improve operational efficiency, and clarify responsibility allocation, thereby strengthening the post-merger management structure.","jir_financial_highlights":"Capital: Unknown (Unknown)\nAssets of the split business: 12,203 \u767e\u4e07\u5186 (Based on the balance sheet as of April 30, 2026)\nTotal assets to be succeeded: 12,203 \u767e\u4e07\u5186 (Unknown)","jir_category":"","jir_hashtags":"#Itoen, #BusinessRestructuring, #Absorption-typeSplit","jir_key_figures":"Effective date of this company split: May 1, 2027 (planned)\nSplit agreement signing date: August 27, 2026\nSuccessor company: Itoen Tea Factory Co., Ltd.\nAssets (at split date): 12,049\u767e\u4e07\u5186 (fixed assets) + 153\u767e\u4e07\u5186 (current assets) = 12,203\u767e\u4e07\u5186\nIncrease\/decrease of successor assets and liabilities will be finalized by the effective date","jir_meta_title":"Itoen Co., Ltd. Announces Simple Absorption-type Split for Manufacturing Business Transfer to a Consolidated Subsidiary | Scheduled for 2027\/5\/1","jir_meta_description":"Itoen resolves a simple absorption-type split to transfer the manufacturing business to a consolidated subsidiary. Succession date and effective date are planned for May 1, 2027. Capital will not change; impact on consolidated results is expected to be minor.","jir_og_title":"[Itoen] Announcing Simple Absorption-type Split for Manufacturing Business Succession to a Consolidated Subsidiary | Planned for May 1, 2027","jir_og_description":"Itoen resolves a simple absorption-type split to transfer the manufacturing business to a consolidated subsidiary. Succession date and effective date are planned for May 1, 2027. The impact going forward is expected to be minor.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8786,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-107706","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n