This transaction
Establishment of subsidiaries in Macau and IndonesiaThe 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.
Purchase and sale of bags, watches, jewelry, precious metals and other items, Purchase and sale of bags, watches, jewelry, precious metals and other items
The impact on results for the fiscal year ending March 2027 is expected to be immaterial. If the Company determines that timely disclosure is necessary, it will make the disclosure promptly.
| Item | Details |
|---|---|
| Transaction name | Establishment of subsidiaries in Macau and Indonesia |
| Name of the Subject Company | BRAND OFF MACAU LIMITED (tentative name), PT KOMEHYO INDONESIA (tentative name) |
| Business Description of the Subject Company | Purchase and sale of bags, watches, jewelry, precious metals and other items, Purchase and sale of bags, watches, jewelry, precious metals and other items |
| Location of the Subject Company | Macao Special Administrative Region of the People's Republic of China, Special Capital Region of Jakarta, Republic of Indonesia |
| Capital Stock of the Subject Company | 1 thousand patacas (approximately ¥200 million), 20 billion rupiah (approximately ¥200 million) |
| Date of Establishment of the Subject Company | August 2026 (scheduled), October 2026 (scheduled) |
| Voting rights ownership percentage | After 100% (before not disclosed) |
| Impact on Business Performance | The impact on results for the fiscal year ending March 2027 is expected to be immaterial. If the Company determines that timely disclosure is necessary, it will make the disclosure promptly. |
| Date of board resolution | 14 May 2026 |
| Execution Date / Effective Date | August 2026 (scheduled), October 2026 (scheduled) |
| Management structure after acquisition | The representative of BRAND OFF MACAU LIMITED (tentative name) will be Ezaki Shinichiro (江﨑 真一郎), and the representative of PT KOMEHYO INDONESIA (tentative name) will be Imai Toru (今井 亨). The ownership interest in both companies will be 100% held by the Company and its subsidiary. Employee treatment: Not disclosed |
Items this document does not state (21)
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 Company determined that Macau and Indonesia have the potential to become important bases, given their potential demand and future market prospects. By establishing local subsidiaries, the Company aims to promote and expand the culture of reuse in each country and region and to increase its share of overseas brand resale markets.