JOYFUL HONDA and ARCLANDS to merge through joint holding company◇

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Tue Apr 14, 2026 5:46 pm JST Catalyst

JOYFUL HONDA <3191> and ARCLANDS <9842> announced after market close on the 14th that they will integrate their businesses through a joint share transfer. The newly established joint holding company will allocate one share for each ARCLANDS share and 1.15 shares for each Joyful Honda share. Both companies will be delisted on Feb. 25, 2027. The joint holding company will list on March 1 of the same year. Through this integration, the two home center operators aim to generate synergies by strengthening product lineups and collaborating on procurement and marketing.

JOYFUL HONDA <3191> and ARCLANDS<9842> announced after market close on the 14th an agreement to merge via a joint share transfer. Under the terms, the newly formed holding company will exchange one share for each ARCLANDS share and 1.15 shares for each Joyful Honda share. The two home center operators will be delisted on Feb. 25, 2027, ahead of the new holding company's listing on March 1. The merger aims to generate synergies by enhancing product lineups and consolidating procurement and marketing.

Source: MINKABU PRESS

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