Joshin Denki Co., Ltd. made DO Corporation’s renovation business a subsidiary and changed its trade name to Joshin Reform Kinki Co., Ltd. Collaboration discussions with House Do Group have commenced.<\/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":"8173","jir_company_name":"Joshin Denki Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-05","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/8173-20260205-01.pdf","jir_short_summary":"Joshin Denki Co., Ltd. made DO Corporation's renovation business a subsidiary and changed its trade name to Joshin Reform Kinki Co., Ltd. Collaboration discussions with House Do Group have commenced.","jir_summary":"### Overview of M&A\nJoshin Denki Co., Ltd. completed the acquisition of all shares of DO Corporation's renovation business on February 5, 2026, making it a wholly owned subsidiary. The acquired company is a 100% subsidiary of And Do Holdings Co., Ltd. and operates in the renovation business. The subsidiary changed its trade name to Joshin Reform Kinki Co., Ltd. and finalized its board structure. The capital stock is 2.5 million yen, and its location is Ukyo-ku, Kyoto City.\n\n### Future Outlook and Collaboration\nLeveraging this subsidiary acquisition, Joshin Denki has started discussions on collaboration with the House Do Group, which operates over 730 stores nationwide. Under the new medium-term management plan \"JT-2028 Management Plan,\" the renovation business is positioned as a growth area, aiming to foster group unity and create synergies through brand unification. Going forward, the company plans to utilize advanced renovation expertise to develop high value-added renovation demand and expand into new categories, striving for sustainable corporate value enhancement. The impact on consolidated results for the fiscal year ending March 2026 is considered minimal.","jir_financial_highlights":"Acquisition Amount: Unknown (Unknown)\nCapital Stock: 2.5 million yen (Unknown)\nSubsidiarization Completion Date: 2026-02-05 (New)","jir_category":"","jir_hashtags":"#JoshinDenkiCoLtd, #M&A, #RenovationBusiness, #JapaneseStocks","jir_key_figures":"Subsidiary Trade Name Change Date: 2026-02-05\nCapital Stock: 2.5 million yen\nSubsidiary Location: 1 Saiin Konmachi, Ukyo-ku, Kyoto City","jir_meta_title":"Joshin Denki Announces Completion of Subsidiarization of DO Corporation's Renovation Business and Name Change, Begins Collaboration Discussions with House Do Group","jir_meta_description":"Joshin Denki Co., Ltd. has made DO Corporation's renovation business a subsidiary and changed its name to Joshin Reform Kinki Co., Ltd. Collaboration discussions with House Do Group have started, accelerating growth in the renovation sector.","jir_og_title":"Joshin Denki Announces Completion of Renovation Subsidiarization and Commencement of Collaboration Discussions with House Do Group","jir_og_description":"Joshin Denki Co., Ltd. has completed the acquisition of DO Corporation's renovation business, announced the trade name change, and begun collaboration discussions with House Do Group.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":16932,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"m_and_a_alliance","footnotes":""},"sector":[],"importance":[],"class_list":["post-24697","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n