Joyful Honda Co., Ltd. and Arcland Co., Ltd. will establish a holding company through a joint share transfer and complete management integration on March 1, 2027. The share transfer ratio is 1.15 Joyful Honda shares for each Arcland share. Both companies will be delisted, and the new holding company is scheduled to be listed on the Tokyo Stock Exchange Prime Market.<\/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":"3191","jir_company_name":"Joyful Honda Co., Ltd. \/ Arcland Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-04-14","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/3191-20260414-02.pdf","jir_short_summary":"Joyful Honda Co., Ltd. and Arcland Co., Ltd. will establish a holding company through a joint share transfer and complete management integration on March 1, 2027. The share transfer ratio is 1.15 Joyful Honda shares for each Arcland share. Both companies will be delisted, and the new holding company is scheduled to be listed on the Tokyo Stock Exchange Prime Market.","jir_summary":"### Background and Purpose of Management Integration\nJoyful Honda and Arcland have agreed to integrate management through establishing a joint holding company by a joint share transfer to respond to diversifying consumer needs and intensifying competitive environment, and to provide a more convenient and specialized purchasing experience. By combining each other\u2019s strengths, sharing product development capabilities and store operation know-how, and enhancing collaboration between physical and digital channels, they aim to promote the specialized store cluster home center concept and become Japan\u2019s leading home center.\n\n### Overview of Share Transfer and Future Schedule\nThis share transfer will be conducted as a joint share transfer method whereby both companies become wholly owned subsidiaries, with the effective date on March 1, 2027. Both companies will be delisted from the Tokyo Stock Exchange Prime Market on the same day, and the newly established joint holding company will be technically listed. The share transfer ratio is 1.15 Joyful Honda shares per 1 Arcland share, determined based on valuation by a third-party appraisal institution. Procedures will proceed after final contract signing and shareholder meeting approval.","jir_financial_highlights":"Joyful Honda Net Sales: 128,980 million yen (Fiscal year ending June 2025) (Year-over-Year +2,618 million yen)\nArcland Net Sales: 341,141 million yen (Fiscal year ending February 2026) (Year-over-Year +25,414 million yen)\nJoyful Honda Outstanding Shares: 63,784,612 shares (unknown)\nArcland Outstanding Shares: 64,733,372 shares (unknown)\nShare Transfer Ratio: 1.15 Joyful Honda shares per 1 Arcland share (newly established)","jir_category":"","jir_hashtags":"#JoyfulHonda, #Arcland, #ManagementIntegration, #MandA, #JapaneseStocks","jir_key_figures":"Joyful Honda Net Sales: 128,980 million yen (Fiscal year ending June 2025)\nArcland Net Sales: 341,141 million yen (Fiscal year ending February 2026)\nShare Transfer Ratio: 1.15 Joyful Honda shares per 1 Arcland share\nPlanned Establishment Date of Joint Holding Company: 2027-03-01\nScheduled Delisting Date for Both Companies: 2027-02-25","jir_meta_title":"Management Integration through Establishment of Joint Holding Company by Joyful Honda and Arcland\uff5cApril 2026","jir_meta_description":"Joyful Honda and Arcland plan to establish a joint holding company by joint share transfer in March 2027 to complete management integration. The share transfer ratio is 1.15 Joyful Honda shares per 1 Arcland share. Both companies will be delisted and the new holding company will be listed on the Tokyo Stock Exchange Prime Market.","jir_og_title":"Joyful Honda and Arcland to Integrate Management via Establishment of Joint Holding Company","jir_og_description":"Both companies will establish a joint holding company in March 2027 and implement management integration via share transfer. The share transfer ratio is 1.15 Joyful Honda shares per 1 Arcland share.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9300,"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-40680","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n