Nihon Enterprise Co.,Ltd. [4829.T]
TOKYO, Jun 17 (Pulse News Wire) – Nihon Enterprise CO.,LTD. (4829.T) decided at its board meeting today to transition to a holding company structure through a spin-off of its traffic information service business and a merger of remaining operations into a newly established subsidiary.
The spin-off will take place on July 1, 2026, while the merger is scheduled for December 1, 2026, contingent upon shareholder approval at the annual general meeting on August 1, 2026. Under the plan, the company will establish a wholly-owned subsidiary called “Japan Enterprise Split Preparation Corporation” with a capital of ¥100 million. This subsidiary will inherit the non-spin-off businesses.
The spin-off involves transferring the traffic information services division to a new company, which will issue 2,000 shares to Nihon Enterprise. The move aims to strengthen governance and strategic planning within the group, focusing on long-term growth in IT consulting solutions and new ventures. The company expects minimal impact on its consolidated performance due to the new structure.
Further details on the absorption merger will be disclosed once finalized.
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