Transfer of 50% of SKY-U to Itochu Corporation; SKY-U and ACG to become equity-method affiliates. Expectation of extraordinary profit of about 50 billion yen (consolidated) \/ about 70 billion yen (non-consolidated); timing and amount subject to final contract and antitrust approvals.<\/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":"8439","jir_company_name":"Tokyo Century Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-08-03","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/8439-20260803-05.pdf","jir_short_summary":"Transfer of 50% of SKY-U to Itochu Corporation; SKY-U and ACG to become equity-method affiliates. Expectation of extraordinary profit of about 50 billion yen (consolidated) \/ about 70 billion yen (non-consolidated); timing and amount subject to final contract and antitrust approvals.","jir_summary":"### Background and Transaction Overview\nToward the mid-term management plan 2030, Tokyo Century is pursuing a portfolio reform focused on capital efficiency and growth. A basic agreement has been signed to transfer 50% of the issued shares of consolidated subsidiary SKY-U to Itochu Corporation. After the transfer, SKY-U will maintain a 50% equity stake and will collaborate with ACG as an equity-method affiliate.\n\n### Purpose of the transfer and collaboration details\nAiming to expand ACG\u2019s asset scale through collaboration with Itochu Corporation, the plan includes expanding the new aircraft leasing business, strengthening procurement and sales, improving financing capabilities, jointly considering acquisition opportunities, and creating revenue opportunities across the aircraft value chain. After the transfer, the 50% stake in ACG will be retained, pursuing a higher position.","jir_financial_highlights":"Extraordinary profit (consolidated): \u7d04500 \u5104\u5186 (Unknown)\nNet income attributable to owners of parent: \u7d04300 \u5104\u5186 (Unknown)\n\u4eac\u6e2f\uff08\u500b\u5225\uff09\u7279\u5225\u5229\u76ca: \u7d04700 \u5104\u5186 (Unknown)","jir_category":"","jir_hashtags":"#TokyoCentury, #IR, #JapanStocks","jir_key_figures":"\u8b72\u6e21\u682a\u5f0f\u6570: 3,281 \u682a\uff08\u8b72\u6e21\u5f8c50%\uff09\n\u8b72\u6e21\u4fa1\u984d: 1,946 \u767e\u4e07\u7c73\u30c9\u30eb\uff08\u4e88\u5b9a\uff09\n\u7279\u5225\u5229\u76ca\u898b\u8fbc\u307f: \u9023\u7d50\u7d04500\u5104\u5186\u3001\u89aa\u4f1a\u793e\u306b\u5e30\u5c5e\u3059\u308b\u5f53\u671f\u7d14\u5229\u76ca\u7d04300\u5104\u5186\u3001\u500b\u5225\u7d04700\u5104\u5186\nTC Skyward Aviation U.S., Inc.\u306e\u682a\u4e3b\u69cb\u6210: \u6771\u4eac\u30bb\u30f3\u30c1\u30e5\u30ea\u30fc100%\u3001ACG\u306fSKY-U\u306e\u7279\u5b9a\u5b50\u4f1a\u793e\u3068\u3057\u3066100%\nACG\u306e\u9023\u7d50\u8ca1\u52d9\u72b6\u6cc1\uff08\u76f4\u8fd13\u5e74\uff09\u7dcf\u8cc7\u7523: 4,483\u21924,512\u21924,540 \u767e\u4e07\u7c73\u30c9\u30eb\u7b49","jir_meta_title":"\u3010Tokyo Century\u3011Basic Agreement for Equity-method Affiliate Relating to Consolidated Subsidiary \uff5c August 3, 2026","jir_meta_description":"Tokyo Century has signed a basic agreement to transfer 50% of SKY-U's shares to Itochu Corporation. Strengthening collaboration with ACG to improve capital efficiency and growth; extraordinary profit expected: about 50 billion yen consolidated, 70 billion yen non-consolidated. However, final agreement and antitrust approvals may affect timing and amounts.","jir_og_title":"\u3010Tokyo Century\u3011Basic Agreement toward Equity-method Affiliate | Extraordinary Profit Outlook","jir_og_description":"Tokyo Century signs basic agreement to transfer 50% of SKY-U. Will strengthen aircraft leasing with ACG, with an expected extraordinary profit of about 50 billion yen, subject to final contracts.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7560,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"business_update","footnotes":""},"sector":[],"importance":[],"class_list":["post-93569","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n