This transaction
Establishment of subsidiaryThe 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, development and operation of various services using the internet and technology, and related activities
The Company expects the impact of this matter on results for the fiscal year ending September 2026 to be immaterial. The subsidiary is expected to become a consolidated subsidiary of the Company from its date of establishment. Accordingly, beginning with the fiscal year ending September 2027, the Company plans to transition from standalone financial statements to consolidated financial statements.
| Item | Details |
|---|---|
| Transaction name | Establishment of subsidiary |
| Counterparty name | The four directors of the subsidiary to be established |
| Name of the Subject Company | MICOTH Co., Ltd. |
| Business Description of the Subject Company | Planning, development and operation of various services using the internet and technology, and related activities |
| Location of the Subject Company | Minato-ku, Tokyo |
| Capital Stock of the Subject Company | ¥2,500,000 (planned) |
| Date of Establishment of the Subject Company | November 2026 (scheduled) |
| Voting rights ownership percentage | After The Company: 51%; the four directors of the subsidiary to be established, in aggregate: 49% (before not disclosed) |
| Impact on Business Performance | The Company expects the impact of this matter on results for the fiscal year ending September 2026 to be immaterial. The subsidiary is expected to become a consolidated subsidiary of the Company from its date of establishment. Accordingly, beginning with the fiscal year ending September 2027, the Company plans to transition from standalone financial statements to consolidated financial statements. |
| Date of board resolution | 12 August 2026 |
| Execution Date / Effective Date | November 2026 (scheduled) |
| Management structure after acquisition | Moriyama Yuki (森山 雄貴) will serve as Representative Director and CEO. One Company employee is expected to be appointed Representative Director and CEO, and one is expected to be appointed Corporate Auditor. From its date of establishment, the company is expected to become a consolidated subsidiary of the Company. |
Items this document does not state (20)
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.As part of efforts to maximize customer value by integrating the businesses within the People Tech business, the Company will expand the target market for “Wevox” to frontline workplaces such as factories and grow the business as a new growth driver.