TOKYO, Mar 31 (Pulse News Wire) – TOYO KANETSU K.K. (6369.T) resolved today to transition to a holding company structure to enhance operational flexibility and group governance.
As part of this plan, the company will establish two subsidiaries through absorption mergers by April 1, 2027, focusing on plant operations and logistics solutions. Each subsidiary will be set up with a capital investment of 100% shares by early April 2026. The holding company will maintain its listing status post-transition.
The restructuring aims to optimize decision-making processes aligned with individual business characteristics while enhancing overall capital allocation and governance. Key performance targets for fiscal 2027 include revenue of ¥68.00 billion, operating profit of ¥4.300 billion, and a return on equity (ROE) of ８%. Details of the transition, contingent upon shareholder approval and regulatory permissions, will be disclosed once finalized.
The newly established subsidiaries will operate independently but remain wholly owned by TOYO KANETSU K.K., ensuring minimal impact on consolidated earnings.
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