Toei Company to acquire T-Joy in share exchange

Toei Company, Ltd. (TSE:9605) is set to acquire its consolidated subsidiary T-Joy Co., Ltd. through a simplified share exchange, as resolved at a Board of Directors meeting on June 17, 2025. The share exchange agreement between Toei and T-Joy was signed on the same day, with an effective date planned for July 18, 2025. Toei will not seek shareholder approval for the share exchange due to its status as a simplified procedure under Article 796 of the Companies Act.