Komori
M&A and Subsidiary Changes5035HOUSEI Inc.Information and Communications, Services and Others

Notice Regarding the Establishment of a New Company (Grandchild Subsidiary)

The Company's consolidated subsidiary plans to establish a wholly owned software development company in Beijing, China, and integrate the functions of its existing Beijing branch into the new company.

Worth reading
37Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Neutral
Direction inferred from the company’s description.
Scale
2000000
Renminbi
Wording
Conditional
How definitive the wording is.

This transaction

Establishment of a new company (sub-subsidiary)
Counterparty璞華国際科技(武漢)有限公司
Disclosing companyHOUSEI Inc.
璞华睿智科技(北京)有限公司Voting rights ownership percentage

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.

TimelineThe spacing between the points is proportional to the actual number of days.
Target company

Software development business

Location Daxing District, Beijing, People's Republic of ChinaShare capital RMB 2,000,000Date of incorporation 31 August 2026 (planned)
Impact on Business Performance

The Company has determined that the impact of this matter on consolidated results for the current fiscal year ending December 2026 will be immaterial. If the Company determines that the impact is material in light of future prospects, it will disclose the information promptly.

Procedures and assumptions
Management structure after acquisitionLegal representative: Shi Zili (石 自力) (予定). The functions of the Beijing branch of 璞華国際科技(武漢)有限公司 are予定 to be integrated into the new company. The company name change and employee treatment are not disclosed.
This transaction
ItemDetails
Transaction nameEstablishment of a new company (sub-subsidiary)
Counterparty name璞華国際科技(武漢)有限公司
Name of the Subject Company璞华睿智科技(北京)有限公司
Business Description of the Subject CompanySoftware development business
Location of the Subject CompanyDaxing District, Beijing, People's Republic of China
Capital Stock of the Subject CompanyRMB 2,000,000
Date of Establishment of the Subject Company31 August 2026 (planned)
Voting rights ownership percentageAfter 100% (before not disclosed)
Impact on Business PerformanceThe Company has determined that the impact of this matter on consolidated results for the current fiscal year ending December 2026 will be immaterial. If the Company determines that the impact is material in light of future prospects, it will disclose the information promptly.
Date of board resolution13 August 2026
Execution Date / Effective Date31 August 2026 (planned)
Management structure after acquisitionLegal representative: Shi Zili (石 自力) (予定). The functions of the Beijing branch of 璞華国際科技(武漢)有限公司 are予定 to be integrated into the new company. The company name change and employee treatment are not disclosed.
Items this document does not state (20)
Net Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution

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 new company will be established to expand operations in the Beijing area and integrate the functions of the Beijing branch into the new company.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Establishment of a New Company (Grandchild Subsidiary) | HOUSEI Inc. (5035) timely disclosure | Komori