Spin-off of the railway business
First written in FY2025-H1. 5 of 6 entries say "Achieved", first in 2026-04-30. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026AchievedAnnual report
「On 1 April this year, the Company spun off its railway business, changed its corporate name to NANKAI Co.,Ltd., and transitioned to a new Group management structure.」
The railway business was spun off on 1 April 2026, and the Company transitioned to a new structure in which it became the operating holding company and the successor company became 南海電気鉄道株式会社. - FY2025-H1First statedAnnual report
「At a meeting of the Board of Directors held on 30 October 2024, the Company resolved to begin preparations to spin off the railway business, targeting April 2026. The spin-off of the railway business through a company split is scheduled to proceed subject to approval at the Company's annual general meeting of shareholders scheduled for June 2025 and, where necessary, obtaining permits and approvals from the relevant government authorities.」
The Board of Directors resolved to begin preparations for the spin-off of the railway business targeted for April 2026. The transaction is subject to approval at the annual general meeting of shareholders scheduled for June 2025 and, where necessary, permits and approvals from the relevant government authorities.