On May 1, 2026, the Crazy Jasmine brand perfume and cosmetics business will be spun off into a newly established company, Crazy Jasmine Tokyo, which will become a 100% subsidiary. The capital is 50 million yen, with net sales projected at 36 million yen for the fiscal year ending April 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":"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\/2593-20260327-02.pdf","jir_short_summary":"On May 1, 2026, the Crazy Jasmine brand perfume and cosmetics business will be spun off into a newly established company, Crazy Jasmine Tokyo, which will become a 100% subsidiary. The capital is 50 million yen, with net sales projected at 36 million yen for the fiscal year ending April 2026.","jir_summary":"### Overview of the Company Split\nITO EN, LTD. will transfer the Crazy Jasmine brand perfume, cosmetics, and fragrance goods sales business to a newly established company, Crazy Jasmine Tokyo Co., Ltd., effective May 1, 2026, through a simplified establishment split. The new company will be a wholly owned subsidiary of ITO EN, with capital stock of 50 million yen. It will issue 5,000 common shares, all allocated and issued to ITO EN. There will be no increase or decrease in capital stock associated with the split.\n\n### Purpose and Future Outlook\nThis establishment split aims to further expand the business and accelerate management decision-making. The new company will focus on e-commerce sales and develop and sell products leveraging jasmine fragrance, contributing to establishing a foundation for new business creation. The impact on ITO EN\u2019s consolidated performance after the split is expected to be minimal.","jir_financial_highlights":"Net Sales (divested business): 2 million yen (FY2025 actual) (Net Sales 36 million yen (FY2026 forecast))\nCapital Stock (newly established company): 50 million yen (Unknown)\nOutstanding Shares (newly established company): 5,000 common shares (All allocated and issued to the Company)","jir_category":"","jir_hashtags":"#ITOEN, #CorporateRestructuring, #JapaneseStocks","jir_key_figures":"Scheduled Split Date: 2026-05-01 (planned)\nDivested Business Net Sales: 2 million yen (FY2025 actual), 36 million yen (FY2026 forecast)\nCapital Stock of the Dividing Company: 19,912 million yen (no change)","jir_meta_title":"ITO EN, LTD. Executes Corporate Restructuring to Make Crazy Jasmine Business a Subsidiary in May 2026","jir_meta_description":"ITO EN, LTD. plans to spin off the Crazy Jasmine brand perfume and cosmetics business into a newly established subsidiary effective May 1, 2026, aiming to improve management efficiency and expand the business. Impact on earnings after the split is expected to be minimal.","jir_og_title":"ITO EN, LTD. to Make Crazy Jasmine Business a Subsidiary (May 2026)","jir_og_description":"ITO EN will spin off the perfume and cosmetics business into a newly established company to expedite management and promote business expansion. The split is scheduled for May 1, 2026.","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-37526","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n