On May 1, 2026, the vending machine business will be transferred to wholly owned subsidiary Neos Co., Ltd. through a simplified absorption-type company split to pursue business structure reform and improve 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LTD.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-01-27","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/01\/2593-20260127-01.pdf","jir_short_summary":"On May 1, 2026, the vending machine business will be transferred to wholly owned subsidiary Neos Co., Ltd. through a simplified absorption-type company split to pursue business structure reform and improve profitability.","jir_summary":"### Overview of the Company Split\nITO EN, LTD. resolved to transfer its vending machine-related business to its wholly owned subsidiary Neos Co., Ltd. by way of a simplified absorption-type company split effective May 1, 2026. This company split is a simplified and abbreviated split based on the Companies Act and will be executed without shareholder meeting approval. There will be no changes to capital stock or treatment of stock acquisition rights due to the split.\n\n### Purpose and Future Outlook\nThe purpose of this company split is to swiftly respond to social and environmental changes, reform the business structure, and concentrate capital on core brands to establish flexible strategic capability and profitability. Following the split, Neos Co., Ltd. is scheduled to change its trade name to \"ITO EN Neos Corporation\" effective May 1, 2026. Since this split occurs between wholly owned subsidiaries, the impact on consolidated financial results is expected to be minimal.","jir_financial_highlights":"Revenue of the business to be split: 45,802 million yen (Results for fiscal year ending April 2025)\nTotal assets to be split: 18,466 million yen (As of December 31, 2025)\nTotal liabilities to be split: 0 million yen (Unknown)","jir_category":"","jir_hashtags":"#ITOEN, #CorporateRestructuring, #JapaneseStocks","jir_key_figures":"Revenue of the split business: 45,802 million yen (Fiscal year April 2025)\nTotal assets of the split business: 18,466 million yen (As of December 31, 2025)\nTotal liabilities of the split business: 0 million yen (Unknown)","jir_meta_title":"ITO EN, LTD. to transfer vending machine business to subsidiary Neos via simplified absorption-type company split effective May 1, 2026","jir_meta_description":"ITO EN, LTD. will transfer its vending machine-related business to wholly owned subsidiary Neos Co., Ltd. through a simplified absorption-type company split effective May 1, 2026, aiming to reform business structure and improve profitability. Revenue of the split business was 45,802 million yen (Fiscal year April 2025).","jir_og_title":"ITO EN to Spin Off Vending Machine Business to Subsidiary","jir_og_description":"ITO EN will transfer its vending machine business to subsidiary Neos via simplified absorption-type company split effective May 1, 2026, advancing business structure reform.","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-21069","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n