East Japan Railway Company
January 27, 2010
The East Japan Railway (JR East) Group is reorganizing its group business to enhance competitiveness in the lifestyle business area.
As part of this effort, the shopping center operations of Ikebukuro Terminal Building Co., Ltd. will be transferred to LUMINE Co., Ltd. on April 1, 2010, and the former will be merged with JR East Facility Management Co., Ltd.
The JR East Group will continue its efforts to enhance group competitiveness and overall strength to ensure sustained growth and create customer value while spurring regional development and maximizing property value.
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Affiliated companies affected by reorganizationIkebukuro Terminal Building Co., Ltd., LUMINE Co., Ltd., JR East Facility Management Co., Ltd. |
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Means of reorganizationLUMINE Co., Ltd. will take over the shopping center operations of Ikebukuro Terminal Building Co., Ltd. in an absorption-type split.Following the split, Ikebukuro Terminal Building Co., Ltd. will become part of JR East Facility Management Co., Ltd. in an absorption-type merger. The surviving company will be JR East Facility Management Co., Ltd. |
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Date of split and mergerApril 1, 2010 (Thursday) (planned) |
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The Metropolitan Plaza shopping center, currently operated by Ikebukuro Terminal Building Co., Ltd., will have a new start on April 1, 2010 when it changes its name to LUMINE Ikebukuro. |
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Means of Reorganization | Absorption–type Split | Absorption–type Merger | ||
Company | Succeeding Company | Split Company | Absorbed Company | Surviving Company |
LUMINE Co., Ltd. | Ikebukuro Terminal Building Co., Ltd. | JR East Facility Management Co., Ltd. | ||
Major business area | Station commercial building operations | Office building operations | ||
Address | 2-2-2 Yoyogi, Shibuya-ku, Tokyo | 1-11-1 Nishi-Ikebukuro, Toshima-ku, Tokyo | 2-2-1 Yaesu, Chuo-ku, Tokyo | |
Representative | Tetsujiro Tani | Fumio Nakajima | Morihiro Iwata | |
Established | May 21, 1966 | April 1, 2004 | July 1, 2005 | |
Capital | 2,375.2 million yen | 2,000 million yen | 480 million yen | |
Sales (FY2008 results) | 51,012 million yen | 3,967 million yen | 4,553 million yen | 28,787 million yen |
Capital after reorganization | 2,375 million yen | 480 million yen | ||
Trade name | LUMINE Co., Ltd. | JR East Facility Management Co., Ltd. |