{"id":126975,"date":"2026-10-02T20:15:07","date_gmt":"2026-10-02T11:15:07","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/9444-20261002-03_wp_corporate_restructuring\/"},"modified":"2026-10-02T20:15:07","modified_gmt":"2026-10-02T11:15:07","slug":"9444-20261002-03_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-9444\/ir\/9444-20261002-03_wp_corporate_restructuring\/","title":{"rendered":"Disclosure of Rehabilitation Plan Proposal"},"content":{"rendered":"<p>This report communicates the submission and disclosure status of a rehabilitation plan in connection with rehabilitation proceedings underway at the Tokyo District Court, focusing on prospects for approval\/authorization, sponsor selection status, financing policy, and efforts to maintain listing. For investors, key points are whether listing will be maintained, progress of the repayment plan, and status of sponsor acquisition.<\/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 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Co.,Ltd","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-02","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/9444-20261002-03.pdf","jir_short_summary":"This report communicates the submission and disclosure status of a rehabilitation plan in connection with rehabilitation proceedings underway at the Tokyo District Court, focusing on prospects for approval\/authorization, sponsor selection status, financing policy, and efforts to maintain listing. For investors, key points are whether listing will be maintained, progress of the repayment plan, and status of sponsor acquisition.","jir_summary":"### Overview of the Rehabilitation Plan Proposal\nToshin Holdings Co.,Ltd states that it has submitted a rehabilitation plan proposal in the corporate rehabilitation proceedings commenced under the Tokyo District Court, and that the court will render a decision to put the plan to a vote, with the plan becoming effective upon approval and authorization. At present, the concrete status of plan approval is undetermined, and the trustee is advancing selection of a supporting sponsor while promoting improvements to internal control systems and an improvement plan aimed at maintaining the listing.\n\n### Listing Maintenance and Governance Reform\nMaintaining the listing is positioned as the highest-priority policy, and measures to strengthen internal control systems toward delisting-warning-lift removal are being promoted. The framework for restructuring includes measures to curb founder influence and repayment methods such as debt-equity swaps. The sponsor selection process has involved approaches and due diligence with multiple firms; to date, no proposal to realize a third-party allotment has been received, and sponsor searches will continue.","jir_financial_highlights":"","jir_category":"","jir_hashtags":"#ToshinHoldings, #RehabilitationProceedings, #CorporateRestructuring, #GovernanceStrengthening","jir_key_figures":"Total assets \/ Total liabilities: Unknown\nNumber of employees: Regular employees 27 people, contract employees & part-time 9 people, total 36 people (as of July 31, 2026)\nExtraordinary general meeting & disclosure period for improvement plan: Voting period is October 29, 2026 to November 16, 2026 (progress of disclosed matters)","jir_meta_title":"Toshin Holdings Co.,Ltd \u2014 Disclosure of Rehabilitation Plan Proposal and Listing Maintenance Initiatives | October 2026","jir_meta_description":"Notice regarding Toshin Holdings Co.,Ltd's disclosure of a rehabilitation plan proposal. Summarizes sponsor search status, listing maintenance policy, and governance strengthening measures\u2014key points for investors.","jir_og_title":"Toshin Holdings Co.,Ltd \u2014 Disclosure of Rehabilitation Plan Proposal and Listing Maintenance Initiatives","jir_og_description":"This item reports the disclosure of a rehabilitation plan in rehabilitation proceedings and efforts to strengthen governance to maintain listing. Attention is focused on the current state and outlook of sponsor searches.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":60907,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-126975","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>Disclosure of Rehabilitation Plan Proposal - 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-9444\/ir\/9444-20261002-03_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-9444\/ir\/9444-20261002-03_wp_corporate_restructuring\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-9444\/ir\/9444-20261002-03_wp_corporate_restructuring\/\",\"name\":\"Disclosure of Rehabilitation Plan Proposal - 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