Ebara Jitsugyo announces company split with wholly owned subsidiary
** Ebara Jitsugyo Co., Ltd. announced today a simplified absorption-type company split, transferring its Measuring Instrument and Medical Division, specifically the ozone-related and medical equipment business, to its wholly owned subsidiary, Ebara Jitsugyo Technologies Co., Ltd. The move, effective July 1, 2025, aims to maximize business efficiency and profitability across the group by establishing a flexible strategy formulation system. The assets being transferred have a book value of JPY1,410 million and the liabilities JPY17 million. Ebara Jitsugyo anticipates the company split will have minimal impact on its consolidated financial results. The company's latest fiscal year results show net sales of JPY37,503 million, with operating profit at JPY4,251 million, while forecasts for the fiscal year ending December 31, 2025, estimate net sales of JPY40,000 million and operating profit of JPY4,500 million.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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