ISB Subsidiary SMC to Relocate Head Office as Part of Group Consolidation Plan

ISB CORP (Japan) ( (JP:9702) ) has issued an update.

ISB Corporation has approved the relocation of the head office of its consolidated subsidiary SMC Corporation, moving it from Shinagawa-ku to Konan, Minato-ku, Tokyo, with the change scheduled to take effect on April 1, 2026, subject to shareholder approval through an amendment to SMC’s articles of incorporation. The move is part of a broader ISB group relocation plan aimed at consolidating group companies at a single, state-of-the-art office site to improve business management efficiency, reinforce intercompany networks, enhance the group’s corporate brand, boost recruitment competitiveness, and increase employee engagement, signalling a strategic investment in workplace infrastructure and organizational integration.

The most recent analyst rating on (JP:9702) stock is a Buy with a Yen1998.00 price target. To see the full list of analyst forecasts on ISB CORP (Japan) stock, see the JP:9702 Stock Forecast page.

More about ISB CORP (Japan)

ISB Corporation is a Japan-based company listed on the TSE Prime Market that operates through consolidated subsidiaries such as SMC Corporation, which is engaged in information and services businesses. The group focuses on enhancing operational efficiency and collaboration across its entities, emphasizing modern office environments and stronger internal networks to support its corporate brand and talent acquisition efforts.

Average Trading Volume: 31,767

Technical Sentiment Signal: Buy

Current Market Cap: Yen20.61B

For a thorough assessment of 9702 stock, go to TipRanks’ Stock Analysis page.