This transaction
Establishment of a joint venture (consolidated subsidiary)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.
・Purchase, sale, brokerage and management of real estate ・Redevelopment and utilization of vacant homes ・Formation and management of real estate funds ・Planning and operation of accommodation facilities, etc.
The impact of this transaction on consolidated full-year results for the fiscal year ending June 2026, including the impact of other factors, is currently under review.
| Item | Details |
|---|---|
| Transaction name | Establishment of a joint venture (consolidated subsidiary) |
| Counterparty name | Integrity Co., Ltd. |
| Name of the Subject Company | Nestia Co., Ltd. |
| Business Description of the Subject Company | ・Purchase, sale, brokerage and management of real estate ・Redevelopment and utilization of vacant homes ・Formation and management of real estate funds ・Planning and operation of accommodation facilities, etc. |
| Location of the Subject Company | Shinagawa Ward, Tokyo |
| Capital Stock of the Subject Company | ¥30 million (予定) |
| Date of Establishment of the Subject Company | 22 April 2026 (予定) |
| Net Assets of the Subject Company | — (newly established) |
| Acquisition price | ¥15.3 million (capital contribution,予定) |
| Type of Consideration | Cash (capital contribution) |
| Voting rights ownership percentage | After 51% (before not disclosed) |
| Funding arrangements | The company's available funds |
| Impact on Business Performance | The impact of this transaction on consolidated full-year results for the fiscal year ending June 2026, including the impact of other factors, is currently under review. |
| Date of board resolution | 17 April 2026 |
| Contract Date | 17 April 2026 |
| Execution Date / Effective Date | 22 April 2026 (予定). The business will commence on or after 22 April 2026, sequentially following the acquisition of a real estate transaction business license. |
| Conditions Precedent to Execution | Sequentially following the acquisition of a real estate transaction business license (condition for commencement of business) |
| Management structure after acquisition | The representative director will be Kawamura Kohei (河村晃平). The company plans to appoint 1 director from among its own personnel to the new company. The change of corporate name and employee treatment are not disclosed. |
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.The company aims to expand the scope of its efforts to address social issues from the traditional focus on food to housing and tackle the growing vacant-home problem across Japan. It intends to build a new earnings base by combining KURADASHI.Co.,Ltd.'s network of approximately 2,200 partners and brand strength in sustainability with Integrity's expertise in real estate investment and management.