Joyful Honda and Arcland will establish a joint holding company through a joint share transfer and implement business integration on March 1, 2027. The share transfer ratio is 1.15 shares of Joyful Honda for each 1 share of Arcland. After delisting, the new holding company will 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":"9842","jir_company_name":"Joyful Honda Co., Ltd. and Arcland Service 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\/9842-20260414-01.pdf","jir_short_summary":"Joyful Honda and Arcland will establish a joint holding company through a joint share transfer and implement business integration on March 1, 2027. The share transfer ratio is 1.15 shares of Joyful Honda for each 1 share of Arcland. After delisting, the new holding company will be listed on the Tokyo Stock Exchange Prime Market.","jir_summary":"### Background and Purpose of Business Integration\nJoyful Honda and Arcland have agreed to integrate management through establishing a joint holding company via joint share transfer to respond to intensifying competitive environment such as diversifying consumer needs and expanding e-commerce market, aiming to provide highly specialized products\/services and enhance purchasing experience. By combining their strengths, they will strive to expand store networks, strengthen product development capabilities, and promote coordination between offline and digital channels to become Japan\u2019s leading home center group.\n\n### Overview and Schedule of Business Integration\nThe joint holding company will be established on March 1, 2027 via joint share transfer, with both companies becoming wholly owned subsidiaries and subsequently delisted. The new holding company is scheduled to be technically listed on the Tokyo Stock Exchange Prime Market. The share transfer ratio of 1.15 shares of Joyful Honda per 1 share of Arcland was decided by the boards of directors of both companies. Based on evaluations by a third-party appraisal institution, this ratio is deemed fair. Future management policies and earnings forecasts will be announced after integration.","jir_financial_highlights":"Joyful Honda Net Sales: 128,980 million JPY (Fiscal Year ending June 2025) (YoY + approx. 2.5%)\nArcland Net Sales: 341,141 million JPY (Fiscal Year ending February 2026) (YoY + approx. 8.1%)\nShare Transfer Ratio: 1.15 shares of Joyful Honda per 1 share of Arcland (Unknown)\nJoyful Honda Shares Outstanding: 63,784,612 shares (As of December 20, 2025) (Unknown)\nArcland Shares Outstanding: 64,733,372 shares (As of February 28, 2026) (Unknown)","jir_category":"","jir_hashtags":"#JoyfulHonda, #Arcland, #BusinessIntegration, #M&A, #JapaneseStocks","jir_key_figures":"Joyful Honda Net Sales: 128,980 million JPY (Fiscal Year ending June 2025)\nArcland Net Sales: 341,141 million JPY (Fiscal Year ending February 2026)\nShare Transfer Ratio: 1.15 shares of Joyful Honda per 1 share of Arcland\nJoyful Honda Shares Outstanding: 63,784,612 shares\nArcland Shares Outstanding: 64,733,372 shares","jir_meta_title":"Joyful Honda & Arcland Business Integration through Joint Holding Company Establishment\uff5cApril 2026","jir_meta_description":"Joyful Honda and Arcland will establish a joint holding company and integrate management in March 2027. The share transfer ratio is 1.15 shares of Joyful Honda per 1 share of Arcland. Following delisting, the new holding company is scheduled to be listed on the TSE Prime Market.","jir_og_title":"Joyful Honda & Arcland Business Integration through Joint Holding Company Establishment\uff5cApril 2026","jir_og_description":"Joyful Honda and Arcland to integrate management via joint share transfer. New holding company establishment set for March 2027, scheduled listing on TSE Prime Market.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9408,"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-40739","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n