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An announcement from Tokyu ( (JP:9005) ) is now available.
Tokyu Corporation has approved an absorption-type merger of its wholly owned subsidiary Tokyu Hotels Co., Ltd., with Tokyu serving as the surviving entity in a simplified, short-form transaction scheduled to take effect on April 1, 2026. The move is part of Tokyu’s three-year medium-term management plan, which focuses on rebooting its business amid a changing environment by emphasizing capital efficiency and reinforcing its management foundation; by fully integrating hotel and resort operations, the company aims to centralize management, accelerate decision-making on property investments, reduce business risk, and strengthen growth-focused investment to improve profitability and increase the added value its hotels bring to cities and regions, with only a minor impact expected on consolidated financial results.
The most recent analyst rating on (JP:9005) stock is a Hold with a Yen1895.00 price target. To see the full list of analyst forecasts on Tokyu stock, see the JP:9005 Stock Forecast page.
More about Tokyu
Tokyu Corporation is a Japan-based conglomerate centered on real estate leasing, real estate sales and related businesses, with a history dating back to 1922 and a listing on the Tokyo Stock Exchange Prime Market. The company is a core entity of the Tokyu Group, with a diversified portfolio that includes urban development and hospitality, and a shareholder base led by major institutional investors such as trust banks and life insurers.
Average Trading Volume: 1,714,134
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen1101.1B
For detailed information about 9005 stock, go to TipRanks’ Stock Analysis page.