Al BACK will split the business of its consolidated subsidiary PST in China into a new company, progressing with organizational restructuring to strengthen business integration and management resources. The board of directors approved the plan on June 23, 2026, with completion scheduled for August 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":"6728","jir_company_name":"Al BACK Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-06-23","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/06\/6728-20260623-01.pdf","jir_short_summary":"Al BACK will split the business of its consolidated subsidiary PST in China into a new company, progressing with organizational restructuring to strengthen business integration and management resources. The board of directors approved the plan on June 23, 2026, with completion scheduled for August 2026.","jir_summary":"### Overview of Business Restructuring\nAl BACK will split the business of its Chinese consolidated subsidiary PST into a newly established company to enhance joint venture structure and consolidate management resources. The board of directors approved the plan on June 23, 2026, with completion scheduled for August 11, 2026. As a result of the split, capital stock will decrease to approximately 1.34 billion Korean Won, aiming to improve business stability and profitability.\n\n### Future Outlook and Impact\nThis organizational restructuring is within the group, and its impact on the company's consolidated performance is expected to be minimal. Details regarding the transfer of shares of the newly established company after the split will be disclosed separately. The company will continue to promote competitiveness and operational efficiency in the Chinese market, aiming for medium- to long-term profit growth.","jir_financial_highlights":"Capital: 13,397,495,000 Korean Won (decreased due to split)\nSales (split target business): Approximately 82.2 billion Korean Won (Unknown YoY)\nNet Assets: Unknown (Unknown)","jir_category":"","jir_hashtags":"#AlBACK, #OrganizationalRestructuring, #ChinaBusiness, #JapaneseStocks","jir_key_figures":"Capital: 13,397,495,000 Korean Won (decreased due to split)\nSales of split target business: approximately 82.2 billion Korean Won (fiscal year ending June 2025)\nTotal assets of the split: 36,381 million Korean Won","jir_meta_title":"\u3010Al BACK\u3011Subsidiary Split for China Business Integration | June 2026","jir_meta_description":"Al BACK will split the business of its Chinese subsidiary into a new company to review management structure. Decision made in June 2026, scheduled for completion in August. Aiming for operational efficiency and profit improvement.","jir_og_title":"\u3010Al BACK\u3011China Business Split and Organizational Restructuring | June 2026","jir_og_description":"Al BACK will split its Chinese subsidiary's business to consolidate management resources. Decision in June 2026, scheduled for completion in August. Aiming for medium- to long-term profit growth.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8106,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-67602","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n