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United Arrows Completes COEN Share Transfer and Announces Board Change

Story Highlights
  • United Arrows completed the 200 million yen sale of COEN shares, removing it from consolidation.
  • Executive Vice President Tatsuya Kimura will resign from the board after the COEN divestiture.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
United Arrows Completes COEN Share Transfer and Announces Board Change

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An update from UNITED ARROWS LTD. ( (JP:7606) ) is now available.

United Arrows Ltd. has completed the transfer of all shares in its consolidated subsidiary COEN Co., Ltd. to Gyet Co., Ltd. for 200 million yen, removing COEN from its scope of consolidation. The transaction marks a portfolio reshaping step for the fashion group and is tied to previously announced revisions to full-year consolidated earnings and dividend forecasts.

Following the divestiture, Director and Executive Vice President Tatsuya Kimura, who also serves as President and Representative Director of COEN, will resign from United Arrows’ board on March 31, 2026. The company emphasized that board size will continue to comply with legal and Articles of Incorporation requirements, suggesting limited disruption to its governance structure despite the leadership change.

The most recent analyst rating on (JP:7606) stock is a Hold with a Yen2738.00 price target. To see the full list of analyst forecasts on UNITED ARROWS LTD. stock, see the JP:7606 Stock Forecast page.

More about UNITED ARROWS LTD.

United Arrows Ltd. is a Japanese apparel retailer operating multiple fashion brands and formats, focusing on casual and contemporary clothing and accessories. Through consolidated and non-consolidated subsidiaries, it has expanded its portfolio in the domestic fashion market to target different customer segments and price ranges.

Average Trading Volume: 172,957

Technical Sentiment Signal: Buy

Current Market Cap: Yen76.28B

See more data about 7606 stock on TipRanks’ Stock Analysis page.

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