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M&A and Subsidiary Changes7177GMO Financial Holdings,Inc.Financials (excluding banks)

(Update on Previously Disclosed Matter) Notice Regarding Completion of Acquisition of Shares in LASHIC少額短期保険株式会社 and Its Conversion into a Subsidiary, and Change of Corporate Name

The acquisition of all shares in LASHIC少額短期保険株式会社 has been completed, making it a wholly owned subsidiary. The company's corporate name has also been changed to GMO少額短期保険株式会社.

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This transaction

Acquisition of shares and conversion into a subsidiary
Disclosing companyGMO Financial Holdings,Inc.
GMO少額短期保険株式会社 (formerly LASHIC少額短期保険株式会社)Voting rights ownership percentageNumber of shares acquired All shares (number of shares and voting rights: Not disclosed)

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 Date27 March 2026
Target company

Small Amount and Short-Term Insurance Business

Location Shibuya, TokyoShare capital ¥189.4 millionDate of incorporation 28 April 2008
Impact on Business Performance

The impact of this transaction on the company's consolidated results is judged to be minor for the time being.

Procedures and assumptions
Management structure after acquisitionThe corporate name has been changed to GMO少額短期保険株式会社. The representative director and president is Yamaguchi Masahiro (山口正宏). The company holds 100%. Treatment of employees: Not disclosed
This transaction
ItemDetails
Transaction nameAcquisition of shares and conversion into a subsidiary
Name of the Subject CompanyGMO少額短期保険株式会社 (formerly LASHIC少額短期保険株式会社)
Business Description of the Subject CompanySmall Amount and Short-Term Insurance Business
Location of the Subject CompanyShibuya, Tokyo
Capital Stock of the Subject Company¥189.4 million
Date of Establishment of the Subject Company28 April 2008
Number of shares acquiredAll shares (number of shares and voting rights: Not disclosed)
Voting rights ownership percentageAfter 100% (before not disclosed)
Impact on Business PerformanceThe impact of this transaction on the company's consolidated results is judged to be minor for the time being.
Execution Date / Effective Date27 March 2026
Management structure after acquisitionThe corporate name has been changed to GMO少額短期保険株式会社. The representative director and president is Yamaguchi Masahiro (山口正宏). The company holds 100%. Treatment of employees: Not disclosed
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 priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding 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.

The company states that the impact of this transaction on its consolidated results is expected to be minor for the time being. No specific reasons for the share acquisition or change of corporate name are provided.

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.
(Update on Previously Disclosed Matter) Notice Regarding Completion of Acquisition of Shares in LASHIC少額短期保険株式会社 and Its Conversion into a Subsidiary, and Change of Corporate Name | GMO Financial Holdings,Inc. (7177) timely disclosure | Komori