This transaction
This Group Reorganization (This Absorption-Type Company Split)The voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.
Nursing Care Business
The impact on the Company's results will be immaterial.
| Item | Details |
|---|---|
| Transaction name | This Group Reorganization (This Absorption-Type Company Split) |
| Counterparty name | フローレンスケア株式会社 |
| Name of the Subject Company | フローレンスケア株式会社 |
| Business Description of the Subject Company | Nursing Care Business |
| Location of the Subject Company | 4-33-10 Shinishikawa, Aoba-ku, Yokohama, Kanagawa |
| Capital Stock of the Subject Company | ¥1 million |
| Date of Establishment of the Subject Company | 1 July 2026 |
| Voting rights ownership percentage | After 100％ (before not disclosed) |
| Impact on Business Performance | The impact on the Company's results will be immaterial. |
| Date of board resolution | 26 June 2026 |
| Contract Date | 28 August 2026 (scheduled) |
| Execution Date / Effective Date | 1 January 2027 (scheduled) |
| Conditions Precedent to Execution | Approval by resolution of the company's annual general meeting of shareholders scheduled for late September 2026, and the licenses, permits and other approvals required from the relevant government authorities for this Group Reorganization |
| Management structure after acquisition | フローレンスケア株式会社 will be made the company's wholly owned subsidiary, with Fujii Kenji (藤井 研児) as representative director. The construction and nursing care businesses will be operated under independent management structures. The change of corporate name and employee treatment are not disclosed. |
Items this document does not state (18)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The construction and nursing care businesses differ significantly in their business characteristics, required expertise and personnel. The company therefore determined that it is necessary to proceed under independent management structures with the appropriate allocation of management resources, profitability management, clearer identification of issues and faster decision-making. The company states that this will promote growth strategies for each business and improve profitability, management efficiency and corporate value over the medium to long term.