The company approved a simplified spin-off effective February 24, 2026, to establish a new subsidiary, Ishigaki Food Co., Ltd., which will assume all rights and obligations related to the consumer food and beverage sales business. Subsequently, the parent company plans to transfer 34% of the newly established company's shares to Hiroyoshi Ishigaki on the same effective date.
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Summary
The company approved a simplified spin-off effective February 24, 2026, to establish a new subsidiary, Ishigaki Food Co., Ltd., which will assume all rights and obligations related to the consumer food and beverage sales business. Subsequently, the parent company plans to transfer 34% of the newly established company's shares to Hiroyoshi Ishigaki on the same effective date.