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Tobu Railway Co ( (JP:9001) ) has provided an announcement.
Tobu Railway has approved an absorption-type merger of three wholly owned subsidiaries—Tobu Intertech, Tobu Engineering, and Tobu Station Service—effective April 1, 2026, with Tobu Railway as the surviving entity and the subsidiaries to be dissolved. The transaction, structured as a simplified and summary merger with no new share issuance or cash consideration, aims to centralize rolling stock maintenance, railway facilities maintenance, and station service functions within the parent company, strengthening its ability to secure competitive talent and build a more efficient, sustainable railway operations structure, which may enhance operational efficiency and long-term competitiveness in its core transport business.
The most recent analyst rating on (JP:9001) stock is a Hold with a Yen2704.00 price target. To see the full list of analyst forecasts on Tobu Railway Co stock, see the JP:9001 Stock Forecast page.
More about Tobu Railway Co
Tobu Railway Co., Ltd., founded in 1897 and listed on the Tokyo Stock Exchange Prime Market, is a major Japanese private railway operator with complementary real estate and leisure businesses. Headquartered in Tokyo’s Sumida ward, the company runs extensive rail operations and related services across the Greater Tokyo area, supported by a broad institutional shareholder base and consolidated operating revenue of over ¥630 billion in the fiscal year to March 31, 2025.
Average Trading Volume: 616,306
Technical Sentiment Signal: Sell
Current Market Cap: Yen508.9B
See more insights into 9001 stock on TipRanks’ Stock Analysis page.