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M&A and Subsidiary Changes6723Renesas Electronics CorporationElectrical Equipment and Precision Instruments

(Progress of Disclosed Matter) Notice Concerning a Change in a Specified Subsidiary (Establishment of a Subsidiary in the United States)

Regarding the U.S. subsidiary whose establishment was announced in July 2025, previously undecided matters including the company name, representative, location, capital and establishment date have now been determined. The company to be established will be a specified subsidiary wholly owned by the Company.

Worth reading
43Recurring
Scored from 3 of 5 sections
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Neutral
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Wording
Conditional
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This transaction

Establishment of a U.S. subsidiary
Disclosing companyRenesas Electronics Corporation
Re-Alt Software Holdings Inc.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.

Execution Date / Effective DateMid-October 2026
Target company

Holding company for the software and digitalization business

Location Delaware, U.S.Share capital US$1Date of incorporation Mid-October 2026
Consideration and expenses
Type of ConsiderationCash (capital contribution at establishment)
Impact on Business Performance

The impact of this matter on consolidated results for the current fiscal year will be minor.

Procedures and assumptions
Management structure after acquisitionAris Bolisay will become Director and President, and 1 employee of the Company will become Director and President.
This transaction
ItemDetails
Transaction nameEstablishment of a U.S. subsidiary
Name of the Subject CompanyRe-Alt Software Holdings Inc.
Business Description of the Subject CompanyHolding company for the software and digitalization business
Location of the Subject CompanyDelaware, U.S.
Capital Stock of the Subject CompanyUS$1
Date of Establishment of the Subject CompanyMid-October 2026
Type of ConsiderationCash (capital contribution at establishment)
Voting rights ownership percentageAfter 100% (before not disclosed)
Impact on Business PerformanceThe impact of this matter on consolidated results for the current fiscal year will be minor.
Execution Date / Effective DateMid-October 2026
Management structure after acquisitionAris Bolisay will become Director and President, and 1 employee of the Company will become Director and President.
Items this document does not state (21)
Counterparty nameNet 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 priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Date of board resolutionContract 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.

No reason for the establishment is stated.

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.
(Progress of Disclosed Matter) Notice Concerning a Change in a Specified Subsidiary (Establishment of a Subsidiary in the United States) | Renesas Electronics Corporation (6723) timely disclosure | Komori