Agreements reached under this partnership
Discontinuation- 1
The Company will not tender any of its Solasto Corporation shares in the tender offer by the offeror for shares issued by Solasto Corporation, which is the Company’s equity-method affiliate.
- 2
Following the successful completion of the tender offer, procedures including a consolidation of Solasto Corporation shares will be carried out to ensure that Solasto Corporation’s only shareholders are the Company and the offeror. If Solasto Corporation’s employee shareholding association agrees to continue holding Solasto Corporation shares by the end of the tender offer period, the employee shareholding association will also be included.
- 3
The Company will transfer its Solasto Corporation shares to Solasto Corporation through Solasto Corporation’s acquisition of treasury shares.
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).
From around August 2026 onward, the Company is expected to record approximately ¥10 billion as extraordinary income. Solasto Corporation will cease to be an equity-method affiliate of the Company, and this capital and business alliance agreement will terminate.
| Item | Details |
|---|---|
| Name of alliance partner | Solasto Corporation |
| Alliance partner's business activities | Medical services, nursing care services and childcare services |
| Alliance partner's location | Minato-ku, Tokyo |
| Alliance partner's capital | ¥686 million (as of 30 September 2025) |
| Alliance partner's net sales | ¥137,435 million (fiscal year ended March 2025) |
| Alliance partner's operating income | ¥7,017 million (fiscal year ended March 2025) |
| Type of alliance | Discontinuation |
| Details of the alliance | The Company will not tender any of its Solasto Corporation shares in the tender offer by the offeror for shares issued by Solasto Corporation, which is the Company’s equity-method affiliate., Following the successful completion of the tender offer, procedures including a consolidation of Solasto Corporation shares will be carried out to ensure that Solasto Corporation’s only shareholders are the Company and the offeror. If Solasto Corporation’s employee shareholding association agrees to continue holding Solasto Corporation shares by the end of the tender offer period, the employee shareholding association will also be included., The Company will transfer its Solasto Corporation shares to Solasto Corporation through Solasto Corporation’s acquisition of treasury shares. |
| Shareholding ratio | 34.64% (ownership interest) / 35.07% (voting rights ownership) → 0% (voting rights ownership)(Down 35.07 percentage points (voting rights ownership)) |
| Dispatch of directors and officers | One director of the Company also serves as an outside corporate auditor of Solasto Corporation. Post-transaction dispatch and acceptance arrangements: not disclosed |
| Shareholding Policy | The Company plans to transfer all of its Solasto Corporation shares. |
| Contract Date | 24 March 2026 |
| Share Acquisition Date and Payment Date | Around August 2026 (予定) |
| Impact on Business Performance | From around August 2026 onward, the Company is expected to record approximately ¥10 billion as extraordinary income. Solasto Corporation will cease to be an equity-method affiliate of the Company, and this capital and business alliance agreement will terminate. |
| Change in major shareholders | DAITO TRUST CONSTRUCTION CO.,LTD., 34.64% (as of 30 September 2025) → DAITO TRUST CONSTRUCTION CO.,LTD., 0%(Down 34.64 percentage points) |
Items this document does not state (8)
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.DAITO TRUST CONSTRUCTION CO.,LTD. determined that, given the limited benefits currently being generated from the companies’ collaboration and sharing of know-how, transferring its shares to a third party would be desirable from the perspective of securing and enhancing the corporate value of both companies and their shareholders’ common interests. The funds received from the transfer are also expected to be allocated to strategic investments in the real estate development and overseas businesses.