This transaction
Conversion into a subsidiary through subscription to a third-party allotment of sharesThe voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
・Sale, development and operation of the online Japanese speaking test “Japrise” ・Sale, development and operation of the online Japanese conversation training program “BABELMETHOD”
The impact of this transaction on the consolidated results of the Company’s group is expected to be immaterial. If it has a material impact on future results, the Company will make a timely disclosure.
| Item | Details |
|---|---|
| Transaction name | Conversion into a subsidiary through subscription to a third-party allotment of shares |
| Counterparty name | バベルメソッド株式会社 |
| Name of the Subject Company | バベルメソッド株式会社 |
| Business Description of the Subject Company | ・Sale, development and operation of the online Japanese speaking test “Japrise” ・Sale, development and operation of the online Japanese conversation training program “BABELMETHOD” |
| Location of the Subject Company | Shinagawa Ward, Tokyo |
| Capital Stock of the Subject Company | ¥31 million |
| Date of Establishment of the Subject Company | 1 June 2021 |
| Net Sales of the Subject Company | Disclosure is being withheld at the request of the other party. |
| Operating Profit of the Subject Company | Disclosure is being withheld at the request of the other party. |
| Net Income of the Subject Company | Disclosure is being withheld at the request of the other party. |
| Net Assets of the Subject Company | Disclosure is being withheld at the request of the other party. |
| Number of shares acquired | 24,510 shares (number of voting rights: 24,510) |
| Voting rights ownership percentage | Before 40.0% → after 88.0％ |
| Impact on Business Performance | The impact of this transaction on the consolidated results of the Company’s group is expected to be immaterial. If it has a material impact on future results, the Company will make a timely disclosure. |
| Date of board resolution | 22 July 2026 |
| Contract Date | 22 July 2026 |
| Execution Date / Effective Date | 1 August 2026 (予定) |
| Valuation methodology | Valuation conducted by an independent third party and deemed reasonable |
Items this document does not state (14)
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.Based on the results of collaboration between the two companies, the Company aims to accelerate the establishment of a structure that provides, on an integrated basis, human resources development and supply through “xseeds” and solutions to improve バベルメソッド株式会社’s Japanese-language operations, by speeding up decision-making and investing management resources in an integrated manner. The Company states that this will strengthen and differentiate the competitiveness of its “Talent Platform.”