On May 1, 2026, the vending machine business will be succeeded by ITO EN Neos Co., Ltd. (formerly Neos Co., Ltd.) through a simplified absorption-type split. Mr. Nozomu Kishi has been appointed President.<\/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 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":"2593","jir_company_name":"ITO EN, Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-03-27","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/2593-20260327-01.pdf","jir_short_summary":"On May 1, 2026, the vending machine business will be succeeded by ITO EN Neos Co., Ltd. (formerly Neos Co., Ltd.) through a simplified absorption-type split. Mr. Nozomu Kishi has been appointed President.","jir_summary":"### Overview of the Company Split\nITO EN, Ltd. has decided to transfer the vending machine-related business to its consolidated subsidiary, Neos Co., Ltd., through a simplified absorption-type split with an effective date of May 1, 2026. On the same date, the succeeding company will change its trade name to ITO EN Neos Co., Ltd., with Mr. Nozomu Kishi appointed as President. The capital is 80 million yen, and the number of issued shares is 23,400 shares, all 100% owned by ITO EN, Ltd..\n\n### Shareholders and Future Outlook\nThe major shareholder of the succeeding company is ITO EN, Ltd. with a 100% holding ratio. This company split is expected to improve management efficiency and enhance business specialization in the vending machine related business; however, specific impacts on earnings and financial details have not been disclosed. Attention should be paid to future business operations.","jir_financial_highlights":"Capital: 80 million yen (Unknown)\nNumber of Issued Shares: 23,400 shares (Unknown)\nEffective Date: 2026-05-01 (Unknown)","jir_category":"","jir_hashtags":"#ITOEN, #CompanySplit, #CorporateRestructuring, #JapaneseStocks","jir_key_figures":"Effective Date: 2026-05-01 (planned)\nCapital of Successor Company: 80 million yen\nNumber of Issued Shares of Successor Company: 23,400 shares","jir_meta_title":"ITO EN, Ltd. Announces Simplified Absorption-type Split of Vending Machine Business to Subsidiary Effective May 1, 2026","jir_meta_description":"ITO EN, Ltd. will transfer the vending machine business to its consolidated subsidiary Neos Co., Ltd. (renamed to ITO EN Neos Co., Ltd.) via a simplified absorption-type split on May 1, 2026. Mr. Nozomu Kishi has been appointed President.","jir_og_title":"ITO EN, Ltd. Announces Company Split to Subsidiary","jir_og_description":"Transfers vending machine business to consolidated subsidiary effective May 1, 2026. Announcement of new President appointment.","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-37525","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n