Worth reading
71In focus
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
9400000
yenWording
Conditional
How definitive the wording is.Decision and Details
Absorption-type company split relating to the space-sharing business operated under the name “SEEDS SPACE”
Decision23 July 2026 (date the absorption-type company split agreement was signed)
Implementation1 September 2026 (scheduled effective date)
Going forwardThe absorption-type company split is scheduled to take effect on 1 September 2026. Procedures for creditor objections and other necessary procedures are scheduled to be carried out by the day before the effective date. Any changes to the matters disclosed in advance will be disclosed immediately.
AmountConsideration for the company split: ¥9.4 million (¥9,400,000)
Quantity / scaleSystems, software, applications, source code, trademarks, copyrights, trade secrets, know-how, various data, domains, accounts payable, member agreements, service agreements with listing providers, and other assets and liabilities belonging to the target business
Reason
The consideration was determined through discussions between the two companies, taking into account the value of the rights and obligations to be transferred as of the date the agreement was signed and the target business’s future business prospects.
| Item | Details |
|---|---|
| Matter Covered | Absorption-type company split relating to the space-sharing business operated under the name “SEEDS SPACE” |
| Decision Date | 23 July 2026 (date the absorption-type company split agreement was signed) |
| Implementation Date | 1 September 2026 (scheduled effective date) |
| Amount | Consideration for the company split: ¥9.4 million (¥9,400,000) |
| Quantity / scale | Systems, software, applications, source code, trademarks, copyrights, trade secrets, know-how, various data, domains, accounts payable, member agreements, service agreements with listing providers, and other assets and liabilities belonging to the target business |
| Reason | The consideration was determined through discussions between the two companies, taking into account the value of the rights and obligations to be transferred as of the date the agreement was signed and the target business’s future business prospects. |
| Governing Rule | Article 782, paragraph 1 of the Companies Act; Article 183 of the Ordinance for Enforcement of the Companies Act; and Articles 758, 784, paragraph 2, and 796, paragraph 2 of the Companies Act |
| Future plans | The absorption-type company split is scheduled to take effect on 1 September 2026. Procedures for creditor objections and other necessary procedures are scheduled to be carried out by the day before the effective date. Any changes to the matters disclosed in advance will be disclosed immediately. |
Items this document does not state (4)
Decision-Making BodyPeriod CoveredImpact on Business PerformanceRelated previous disclosures
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 consideration was determined through discussions between the two companies, taking into account the value of the rights and obligations to be transferred as of the date the agreement was signed and the target business’s future business prospects.
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