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EDION Corp ( (JP:2730) ) has issued an announcement.
EDION Corporation has approved an absorption-type merger of its wholly owned consolidated subsidiary PTN Corporation, with the transaction scheduled to take effect on April 1, 2026. PTN, which has effectively ceased business activities since EDION acquired all of its shares in 2021 and reorganized its subsidiaries under direct EDION control, will be dissolved in the simplified, short-form merger. As EDION is the surviving entity and already owns 100% of PTN, the merger will not involve the issuance of new shares or any capital increase. The move is aimed at streamlining the group’s structure, enhancing operational efficiency, and reducing administrative costs, reflecting EDION’s broader efforts to rationalize management resources and strengthen group governance.
The most recent analyst rating on (JP:2730) stock is a Buy with a Yen2316.00 price target. To see the full list of analyst forecasts on EDION Corp stock, see the JP:2730 Stock Forecast page.
More about EDION Corp
EDION Corporation is a Japan-based retailer of home electronics and related products, listed on the Tokyo Stock Exchange Prime Market under securities code 2730. Headquartered in Hiroshima, the company operates a large-scale consumer electronics business with consolidated net sales of ¥768.1 billion in fiscal 2025 and counts Nitori Holdings and major Japanese financial institutions among its principal shareholders, alongside an employee stock ownership plan.
Average Trading Volume: 230,184
Technical Sentiment Signal: Buy
Current Market Cap: Yen222.9B
For an in-depth examination of 2730 stock, go to TipRanks’ Overview page.