Announcement of Merger

〇 Sendai Terminal Building Co., Ltd. and JR East Tohoku General Service Co., Ltd. are actively engaged in various businesses across the Tohoku region, working toward the realization of JR East Group's management vision 'Yuso 2034,' which aims to 'bring vitality to local communities and enrich Japan.'

〇 The two companies will merge on April 1, 2027, with the goal of further contributing to the revitalization of the Tohoku region and accelerating their growth strategies.

〇 Through this merger, the integration of both companies' functions and resources will drive cross-sector value creation across stations, railway lines, and urban development, enhancing the appeal of stations such as Sendai Station and improving community life along the railway corridors.

〇 Furthermore, the new company will work in close collaboration with the JR East Group to strengthen the creation of mobility flows into the Tohoku region by developing attractive destinations, thereby achieving sustainable regional growth and fostering local vitality.

1. Overview

Sendai Terminal Building Co., Ltd. and JR East Tohoku General Service Co., Ltd. will merge, with Sendai Terminal Building Co., Ltd. serving as the surviving company.

2. New Company Launch Date

April 1, 2027 (planned)

3. New Company Name and Details

The new company name and further details will be announced separately.

Merger Concept

Company Overview

Corporate Name

Sendai Terminal Building Co., Ltd.

JR East Tohoku General Service Co., Ltd.

Main Business Activities

・Operation and development of commercial facilities, hotels, and offices

・Operation and development of retail stores

・Station operation services

Key Facilities Operated

S-PAL

Hotel Metropolitan Sendai and Yamagata

JR Fruit Park Sendai Arakawa

tekute, Pivot

Tohoku Meguri Irotorio

Station operation services

Headquarters Location

1-1-1 Chuo 1-chome, Aoba-ku, Sendai-shi, Miyagi Prefecture

4-10-3 Chuo 4-chome, Aoba-ku, Sendai-shi, Miyagi Prefecture

Representative

Tetsuro Matsuzaki

Toshinori Miwa

Established

April 5, 1976

August 18, 1989

Capital

1.8 billion yen

490 million yen

Sales Revenue

※1

21.48 billion yen

19.28 billion yen

Number of Employees

※2

551

1,276

※1 Fiscal year ending March 2026

※2 As of April 1, 2026