This transaction
Establishment of a Subsidiary and Launch of a New BusinessThe 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.
・Research and development, consulting, education and training relating to agricultural technology ・Production, processing, storage, transportation and sale of agricultural products ・Manufacture and sale of beverages and food products using agricultural products as raw materials ・Contracting and outsourcing of agricultural work ・Operation of agricultural experience farms, tourist farms and restaurants ・Worker dispatching and fee-based employment placement services ・All businesses incidental or related to the preceding items
Although the Company believes that this business will contribute to improving the performance of the Group over the medium to long term, its impact on performance for the current consolidated fiscal year is expected to be immaterial.
| Item | Details |
|---|---|
| Transaction name | Establishment of a Subsidiary and Launch of a New Business |
| Name of the Subject Company | Chagri株式会社 |
| Business Description of the Subject Company | ・Research and development, consulting, education and training relating to agricultural technology ・Production, processing, storage, transportation and sale of agricultural products ・Manufacture and sale of beverages and food products using agricultural products as raw materials ・Contracting and outsourcing of agricultural work ・Operation of agricultural experience farms, tourist farms and restaurants ・Worker dispatching and fee-based employment placement services ・All businesses incidental or related to the preceding items |
| Location of the Subject Company | 3rd Floor, 1-875 Sakashita-cho, Kasugai, Aichi |
| Capital Stock of the Subject Company | ¥50 million |
| Date of Establishment of the Subject Company | 1 April 2026 |
| Type of Consideration | Cash (¥100 million investment in the newly established subsidiary) |
| Voting rights ownership percentage | After 100% (before not disclosed) |
| Impact on Business Performance | Although the Company believes that this business will contribute to improving the performance of the Group over the medium to long term, its impact on performance for the current consolidated fiscal year is expected to be immaterial. |
| Date of board resolution | 23 March 2026 |
| Execution Date / Effective Date | 1 April 2026 (date of establishment of the company and commencement of the business) |
| Management structure after acquisition | The representative director and president is Hiramitsu Kazuyuki (平光 和幸). The Company is dispatching directors, officers and employees to the subsidiary. |
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.Against the backdrop of an expanding matcha-related market, the purpose is to address challenges at production sites for tencha, the raw material for matcha, and establish a supply structure capable of responding to market growth.