Nextage Co., Ltd. will implement a simplified absorption-type company split on June 1, 2026, transferring four businesses including the Volvo business to wholly owned subsidiaries to clarify business responsibility and promote swift 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-04-15","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/3186-20260415-01.pdf","jir_short_summary":"Nextage Co., Ltd. will implement a simplified absorption-type company split on June 1, 2026, transferring four businesses including the Volvo business to wholly owned subsidiaries to clarify business responsibility and promote swift decision-making.","jir_summary":"### Overview of Company Split\nNextage Co., Ltd., by resolution of its Board of Directors on April 15, 2026, decided to transfer the Volvo Business, Jaguar Land Rover and BYD Business, Maserati Business, and Autostage Business to four wholly owned subsidiaries\u2014ett Co., Ltd., Shin Co., Ltd., Fiorente Co., Ltd., and ism Co., Ltd.\u2014each established by the company, through a simplified absorption-type company split. The effective date of the company split is scheduled for June 1, 2026, and shareholder meeting approval is not required. The split aims to clarify business responsibility, expedite decision-making, and strengthen responsiveness to diversifying customer needs.\n\n### Businesses Subject to Split and Future Outlook\nThe total net sales of the four businesses subject to the split for the fiscal year ending November 2025 amount to approximately 42,540 million yen. Each subsidiary was established with a capital stock of 10 million yen. There will be no change in capital stock due to the split, and post-split, there will be no changes to company names, locations, representatives, business descriptions, or fiscal periods. The company assesses the impact of the split on its performance to be minimal.","jir_financial_highlights":"Net Sales (FY ending November 2025): 652,072 million yen (unknown)\nOperating Income (FY ending November 2025): 19,597 million yen (unknown)\nNet Income Attributable to Owners of Parent (FY ending November 2025): 12,811 million yen (unknown)\nSales of Businesses Subject to Split (FY ending November 2025): Volvo Business 11,945 million yen, Jaguar Land Rover and BYD Business 24,542 million yen, Maserati Business 4,859 million yen, Autostage Business 1,194 million yen (unknown)\nCapital Stock (Nextage Co., Ltd.): 8,183 million yen (none)","jir_category":"","jir_hashtags":"#Nextage, #CompanySplit, #CorporateRestructuring","jir_key_figures":"Net Sales (FY ending November 2025): 652,072 million yen\nNet Income Attributable to Owners of Parent (FY ending November 2025): 12,811 million yen\nTotal Sales of Businesses Subject to Split (FY ending November 2025): Approximately 42,540 million yen","jir_meta_title":"[Nextage] Simplified Absorption-Type Company Split of Four Businesses into Wholly Owned Subsidiaries\uff5cJune 2026","jir_meta_description":"Nextage will implement a simplified absorption-type company split on June 1, 2026, transferring Volvo, Jaguar Land Rover, and two other businesses to wholly owned subsidiaries, aiming to clarify business responsibility and accelerate decision-making.","jir_og_title":"[Nextage] Simplified Absorption-Type Company Split of Four Businesses into Wholly Owned Subsidiaries\uff5cJune 2026","jir_og_description":"Nextage executes a simplified absorption-type company split transferring four businesses to wholly owned subsidiaries to clarify business responsibility and respond swiftly to market changes.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8910,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-40933","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n