Source disclosure: February 26, 2026, 15:30 JST
ES-CON JAPAN Ltd. [8892.T]
TOKYO, Feb 26 (Pulse News Wire) – ES-CON JAPAN Ltd. (8892.T) announced today that its board approved agreements to subscribe to shares in Montedio Footbal Park Co., Ltd., aimed at developing a new stadium scheduled for completion in August 2028.
Additionally, ES-CON JAPAN agreed to acquire all shares of Montedio Yamagata Co., Ltd., which operates the Montedio Yamagata soccer club. Both transactions require approval at ES-CON JAPAN's annual shareholders' meeting on June 24, 2026, and further approvals from J League and Montedio Yamagata’s special shareholders’ meeting in March 2026. Share subscription execution is set for June 30, 2026. Montedio Footbal Park was established in 2024 to develop a new stadium for the next generation of the J League club.
Montedio Yamagata, founded in 1984, focuses on sports promotion and regional revitalization through soccer operations. ES-CON JAPAN aims to integrate stadium development and club management to create sustainable urban projects. The company plans to invest up to an additional number of shares upon the new stadium's completion in August 2028. Financial details include subscribing to 20,000 ordinary shares of Montedio Footbal Park at ¥2 per share, totaling ¥40 million.
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