{"id":122371,"date":"2026-09-24T08:33:00","date_gmt":"2026-09-23T23:33:00","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/9831-20260924-01_wp_corporate_restructuring\/"},"modified":"2026-09-24T08:33:00","modified_gmt":"2026-09-23T23:33:00","slug":"9831-20260924-01_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-9831\/ir\/9831-20260924-01_wp_corporate_restructuring\/","title":{"rendered":"Notice regarding the transfer (divestment) of a specific subsidiary in China to maximize asset efficiency"},"content":{"rendered":"<p>Transfer of all shares of the subsidiary Yamada Denki (Shenyang) Commercial Co., Ltd. removing it from the list of specified subsidiaries. The transfer price is 130 million yuan, with the transfer executed on September 20, 2026. While an earnings enhancement is expected due to tax effects and other factors, this is not yet reflected in the fiscal year ending March 2027 guidance.<\/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,"price_fetched_at":"","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":"9831","jir_company_name":"Yamada Holdings Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-24","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/9831-20260924-01.pdf","jir_short_summary":"Transfer of all shares of the subsidiary Yamada Denki (Shenyang) Commercial Co., Ltd. removing it from the list of specified subsidiaries. The transfer price is 130 million yuan, with the transfer executed on September 20, 2026. While an earnings enhancement is expected due to tax effects and other factors, this is not yet reflected in the fiscal year ending March 2027 guidance.","jir_summary":"### Overview of asset optimization and the transfer\nYamada Holdings has resolved to transfer all shares of Yamada Denki (Shenyang) Commercial Co., Ltd., resulting in the loss of its status as a specified subsidiary and advancing asset optimization through the disposal of non-core assets. The transferee is Gui Xiang 20th Scenic Area Tourism Service (Shenyang) Co., Ltd., and the transfer price has been disclosed as 130 million yuan.\n\n### Impact and outlook going forward\nThis matter is not yet included in the earnings forecast for the fiscal year ending March 2027, but an increase in net income is expected due to tax effects and other factors. Upon finalization of accounting treatment, the company plans to disclose any necessary revisions to the forecast.","jir_financial_highlights":"Transfer price: 130 million yuan (Unknown)\nPost-transfer equity stake: 0% (Post-transfer)\nTransfer execution date: September 20, 2026 (New development)","jir_category":"","jir_hashtags":"#YamadaHoldingsAssetEfficiency, #TransferOfSpecifiedSubsidiary","jir_key_figures":"Transfer price: 130 million yuan\nPost-transfer equity stake: 0%\nTransfer execution date: September 20, 2026","jir_meta_title":"Yamada Holdings: Decision to transfer all shares of a Chinese subsidiary | September 2026","jir_meta_description":"Yamada Holdings transfers all shares of its Chinese subsidiary Yamada Denki (Shenyang) Commercial Co., Ltd. The transfer price is 130 million yuan, with the transfer date on September 20, 2026. The impact is expected to be earnings-per-share accretive, but forecast revisions are not yet determined.","jir_og_title":"Yamada Holdings: Decision to transfer all shares of a Chinese subsidiary | September 2026","jir_og_description":"Yamada Holdings announces the transfer of all shares of its Chinese subsidiary. Transfer price is 130 million yuan, execution date September 20. The outlook is expected to be earnings accretive, but impact on earnings forecast is not yet determined.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7896,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-122371","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice regarding the transfer (divestment) of a specific subsidiary in China to maximize asset efficiency - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-9831\/ir\/9831-20260924-01_wp_corporate_restructuring\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9831\/ir\/9831-20260924-01_wp_corporate_restructuring\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-9831\/ir\/9831-20260924-01_wp_corporate_restructuring\/\",\"name\":\"Notice regarding the transfer (divestment) of a specific subsidiary in China to maximize asset efficiency - Japan IR\",\"isPartOf\":{\"@id\":\"https:\/\/japanir.jp\/en\/#website\"},\"datePublished\":\"2026-09-23T23:33:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9831\/ir\/9831-20260924-01_wp_corporate_restructuring\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/japanir.jp\/en\/company\/company-9831\/ir\/9831-20260924-01_wp_corporate_restructuring\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-9831\/ir\/9831-20260924-01_wp_corporate_restructuring\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/japanir.jp\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Notice regarding the transfer (divestment) of a specific subsidiary in China to maximize asset efficiency\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/japanir.jp\/en\/#website\",\"url\":\"https:\/\/japanir.jp\/en\/\",\"name\":\"Japan IR\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/japanir.jp\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Notice regarding the transfer (divestment) of a specific subsidiary in China to maximize asset efficiency - Japan IR","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/japanir.jp\/en\/company\/company-9831\/ir\/9831-20260924-01_wp_corporate_restructuring\/","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/japanir.jp\/en\/company\/company-9831\/ir\/9831-20260924-01_wp_corporate_restructuring\/","url":"https:\/\/japanir.jp\/en\/company\/company-9831\/ir\/9831-20260924-01_wp_corporate_restructuring\/","name":"Notice regarding the transfer (divestment) of a specific subsidiary in China to maximize asset efficiency - Japan IR","isPartOf":{"@id":"https:\/\/japanir.jp\/en\/#website"},"datePublished":"2026-09-23T23:33:00+00:00","breadcrumb":{"@id":"https:\/\/japanir.jp\/en\/company\/company-9831\/ir\/9831-20260924-01_wp_corporate_restructuring\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/japanir.jp\/en\/company\/company-9831\/ir\/9831-20260924-01_wp_corporate_restructuring\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/japanir.jp\/en\/company\/company-9831\/ir\/9831-20260924-01_wp_corporate_restructuring\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/japanir.jp\/en\/"},{"@type":"ListItem","position":2,"name":"Notice regarding the transfer (divestment) of a specific subsidiary in China to maximize asset efficiency"}]},{"@type":"WebSite","@id":"https:\/\/japanir.jp\/en\/#website","url":"https:\/\/japanir.jp\/en\/","name":"Japan IR","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/japanir.jp\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"related_company_data":{"id":"7896","title":"YAMADA HOLDINGS CO LTD","ticker":"9831"},"_links":{"self":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/122371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release"}],"about":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/types\/ir_release"}],"replies":[{"embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/comments?post=122371"}],"version-history":[{"count":0,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/ir-release\/122371\/revisions"}],"wp:attachment":[{"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/media?parent=122371"}],"wp:term":[{"taxonomy":"sector","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/sector?post=122371"},{"taxonomy":"importance","embeddable":true,"href":"https:\/\/japanir.jp\/en\/wp-json\/wp\/v2\/importance?post=122371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}