{"id":36444,"date":"2026-03-25T16:18:56","date_gmt":"2026-03-25T07:18:56","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/3252-20260325-02_wp_corporate_restructuring\/"},"modified":"2026-03-25T16:18:56","modified_gmt":"2026-03-25T07:18:56","slug":"3252-20260325-02_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-3252\/ir\/3252-20260325-02_wp_corporate_restructuring\/","title":{"rendered":"Notice Regarding Dissolution of Subsidiary and Recognition of Gain on Corporate Taxes and Corporate Tax Adjustments"},"content":{"rendered":"<p>Jishu Co., Ltd. will dissolve its 100% subsidiary New Real Property Co., Ltd. on April 1, 2026, and plans to record a gain on corporate taxes and corporate tax adjustments of 1,685 million yen in the consolidated financial results for the fiscal year ending December 2026.<\/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":"3252","jir_company_name":"Jishu Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-03-25","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/3252-20260325-02.pdf","jir_short_summary":"Jishu Co., Ltd. will dissolve its 100% subsidiary New Real Property Co., Ltd. on April 1, 2026, and plans to record a gain on corporate taxes and corporate tax adjustments of 1,685 million yen in the consolidated financial results for the fiscal year ending December 2026.","jir_summary":"### Overview of Subsidiary Dissolution\nJishu Co., Ltd. resolved to dissolve its wholly owned subsidiary New Real Property Co., Ltd. (NRP) effective April 1, 2026. NRP became a subsidiary in 2016 and was primarily engaged in real estate and overseas PFI businesses. Following the termination of the overseas PFI business, liquidation procedures have progressed and have been substantially completed, leading to this dissolution. The completion of liquidation is scheduled for August 31, 2026.\n\n### Operational and Financial Impact\nNRP's recent three-year performance shows no recorded revenue for the fiscal year ending December 2025, with operating loss of \u25b396 million yen, ordinary loss of \u25b335 million yen, and net loss attributable to owners of parent of \u25b337 million yen. In connection with this dissolution, Jishu Co., Ltd. reviewed the recoverability of deferred tax assets and plans to recognize a gain on corporate taxes and corporate tax adjustments of 1,685 million yen in consolidated accounts and 1,530 million yen in non-consolidated accounts. This has already been incorporated into the consolidated earnings guidance for the fiscal year ending December 2026, disclosed on February 12, 2026.","jir_financial_highlights":"Gain on Corporate Taxes and Corporate Tax Adjustments: 1,685 million yen (Planned to be recorded in consolidated financial results for the fiscal year ending December 2026)\nNet Income Attributable to Owners of Parent (New Real Property Co., Ltd.): \u25b337 million yen (Fiscal Year Ending December 2025) (YoY comparison unclear)\nDissolution Date: April 1, 2026 (planned) (Unclear)","jir_category":"","jir_hashtags":"#JishuCoLtd, #corporaterestructuring, #JapaneseStocks","jir_key_figures":"Planned Gain on Corporate Taxes and Corporate Tax Adjustments: 1,685 million yen (Consolidated)\nPlanned Dissolution Date: April 1, 2026\nPlanned Completion of Liquidation: August 31, 2026","jir_meta_title":"Jishu Co., Ltd. to Dissolve Subsidiary New Real Property Co., Ltd. in April 2026; Plans Gain on Corporate Taxes of 1,685 Million Yen","jir_meta_description":"Jishu Co., Ltd. will dissolve its 100% subsidiary New Real Property Co., Ltd. on April 1, 2026, and plans to record a gain on corporate taxes and corporate tax adjustments of 1,685 million yen in the consolidated financial results for the fiscal year ending December 2026. Liquidation expected to complete by end of August.","jir_og_title":"Jishu Co., Ltd. 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