Exclusion of consolidated subsidiary Athena Shanghai through equity transfer. Transfer price is approx. 9.38 million yen, transferee is Linfan International Logistics, and ownership ratio after transfer will be 0%. A debt-to-equity swap will be implemented to convert loans to capital. 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Transfer price is approx. 9.38 million yen, transferee is Linfan International Logistics, and ownership ratio after transfer will be 0%. A debt-to-equity swap will be implemented to convert loans to capital. Impact on the fiscal year ending March 2027 has not been examined.","jir_summary":"### Overview of Business and Organizational Restructuring\nAs part of its growth strategy, the Company will transfer its entire equity interest in Athena Shanghai and exclude it from consolidation. The transferee is Linfan International Logistics (Shanghai) Co., Ltd., the transfer price is approx. 9.38 million yen, and the ownership ratio after the transfer will be 0%. The loans held by the Company prior to the transfer, totaling 2.62 million RMB, are planned to be converted to capital through a debt-to-equity swap, and the Company is currently examining the impact on the consolidated group.\n\n### Outlook and Impact\nThis measure is being implemented to enhance corporate value over the medium to long term; however, the impact on consolidated results for the fiscal year ending March 2027 is currently under examination. Any matters requiring disclosure will be announced promptly. The execution date of the transfer is not yet fixed but is planned for November 2026.","jir_financial_highlights":"Transfer price: 40 ten thousand RMB (approx. 9.38 million yen) (Unknown)\nOwnership ratio after transfer: 0% (Unknown)\nStatus of Athena Shanghai as consolidated subsidiary: Planned transfer (Unknown)","jir_category":"","jir_hashtags":"#Rentracks_CO,LTD #OrganizationalRestructuring_EquityTransfer","jir_key_figures":"Transfer price: 40 ten thousand RMB (approx. 9.38 million yen)\nOwnership ratio transferred: 100% \u2192 0%\nConversion of loans of 2.62 million RMB to capital via DES (planned)","jir_meta_title":"Rentracks CO.,LTD. Decides on Transfer of Equity in Consolidated Subsidiary\uff5cOctober 2026","jir_meta_description":"The board resolved to transfer its entire equity in consolidated subsidiary Athena Shanghai. The transferee is Linfan International Logistics, and the transfer price is approx. 9.38 million yen. A debt-to-equity swap will be implemented to convert loans to capital. The impact on consolidated results is under examination.","jir_og_title":"Rentracks CO.,LTD. Decides on Transfer of Equity in Consolidated Subsidiary\uff5cOctober 2026","jir_og_description":"Equity in Athena Shanghai will be transferred, resulting in exclusion from consolidation. The transferee is Linfan International Logistics; the transfer price is approx. 9.38 million yen. Loans will be converted to capital via DES; impact on the fiscal year ending March 2027 will be disclosed in due course.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":58559,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-132208","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n