This transaction
Establishing Overseas SubsidiariesThe 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.
Planning, import and sale of cosmetics and supplements
The impact of this matter on the Company's consolidated results is expected to be minor.
| Item | Details |
|---|---|
| Transaction name | Establishing Overseas Subsidiaries |
| Name of the Subject Company | English: AXXZIA COSMETIC VIETNAM CO., LTD (planned) / Vietnamese: CONG TY TNHH COSMETIC AXXZIA VIET NAM (planned) |
| Business Description of the Subject Company | Planning, import and sale of cosmetics and supplements |
| Location of the Subject Company | Ho Chi Minh City, Socialist Republic of Vietnam (planned) |
| Capital Stock of the Subject Company | VND equivalent amount (TBD) |
| Date of Establishment of the Subject Company | March 2027 (scheduled) |
| Voting rights ownership percentage | After 100% (equity interest) (before not disclosed) |
| Impact on Business Performance | The impact of this matter on the Company's consolidated results is expected to be minor. |
| Date of board resolution | 28 October 2026 |
| Execution Date / Effective Date | March 2027 (planned) |
| Management structure after acquisition | Kobayashi Akifumi (小林 昭文), Deputy General Manager of the Company's New Business Promotion Department, is expected to become the representative of the subsidiary. |
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.Vietnam is expected to offer growth in consumer spending, the skincare market and the e-commerce market, as well as affinity for Japanese brands. The Company confirmed demand for its products and their growth potential through market research conducted over the past year. It will establish a structure that enables it to understand local needs and make and implement decisions quickly, and strengthen its e-commerce operations, marketing, brand management, market development and role as the responsible entity for imports.