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An update from ITO EN ( (JP:2593) ) is now available.
ITO EN will transfer a portion of its vending machine and related operations to its wholly owned subsidiary NEOS Corporation through a simplified absorption-type company split scheduled to take effect on May 1, 2026. By consolidating vending machine-related assets, liabilities, and contracts under NEOS, the group aims to implement structural business reforms, streamline its organization, and concentrate capital on core brands to enhance strategic flexibility and profitability, while confirming that the transaction will not affect its capital structure, shareholder approvals, or its ability to meet financial obligations.
The most recent analyst rating on (JP:2593) stock is a Hold with a Yen3423.00 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 company that manufactures and sells tea leaves, ready-to-drink beverages, and related food products. The group also operates related businesses including distribution via vending machines, primarily in the domestic market, with NEOS Corporation serving as its wholly owned subsidiary focused on beverage and food sales through vending machines and their maintenance and management.
Average Trading Volume: 398,172
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen317.3B
For an in-depth examination of 2593 stock, go to TipRanks’ Overview page.