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An update from ITO EN ( (JP:2593) ) is now available.
ITO EN will spin off its Crazy Jasmine brand perfume, cosmetics, and fragrance-related goods business into a wholly owned subsidiary, Crazy Jasmine Tokyo, effective May 1, 2026. The move follows a three-year pilot and is structured as a simplified incorporation-type company split under Japanese law, meaning it does not require shareholder approval.
By placing the jasmine-scent-focused e-commerce business in a dedicated unit, ITO EN aims to accelerate decision-making and support faster expansion of this non-beverage segment. The restructuring is expected to strengthen the group’s new business creation platform while leaving the parent’s capital structure unchanged and ensuring the new subsidiary’s ability to meet its financial obligations.
The most recent analyst rating on (JP:2593) stock is a Hold with a Yen2953.00 price target. To see the full list of analyst forecasts on ITO EN stock, see the JP:2593 Stock Forecast page.
More about ITO EN
ITO EN, LTD. is a Japan-based beverage and food manufacturer best known for producing and selling tea leaves, ready-to-drink beverages, and related food products. The Tokyo-headquartered company operates a diversified portfolio and has been expanding into new consumer categories to complement its core drinks business and broaden its revenue base.
Average Trading Volume: 454,392
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen297.5B
For detailed information about 2593 stock, go to TipRanks’ Stock Analysis page.