Group restructuring through a share exchange and absorption-type company split, and a technical listing
First written in FY2021. 2 of 3 entries say "Cited as achieved", first in FY2022-Q1. Latest entry: FY2022-Q2.
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- FY2022-Q2Cited as achievedAnnual report
「The share exchange dated 1 April 2021 resulted in no substantive change to the scope of the consolidated group comprising our company and LITALICO Partners.」
The quarterly consolidated financial statements were prepared using the scope of consolidation carried forward from after the group restructuring resulting from the share exchange and other transactions on 1 April 2021. - FY2022-Q1Cited as achievedAnnual report
「The LITALICO Group aims to achieve stable growth by continuing to accelerate the opening of locations in the disability welfare services sector through the LITALICO Works and LITALICO Junior businesses, while further expanding its operations as a platform provider in the welfare sector and accelerating its expansion into general education.」
The group-internal restructuring, including the share exchange and absorption-type company split conducted on 1 April 2021, is described as a completed measure supporting future expansion of locations, the platform and general education. - FY2021AchievedAnnual report
「To maximize synergies across the LITALICO Group by integrating our platform business with the various services within the LITALICO Group, and to accelerate further expansion of the business through greater sophistication and speed of execution, we decided to conduct a share exchange under which our company would become the wholly owning parent company and 株式会社LITALICO (E32144) would become the wholly owned subsidiary, and completed the transaction on 1 April 2021.」
A share exchange was completed on 1 April 2021, followed by a technical listing on the same day. The absorption-type company split of the LITALICO Wonder business and other operations also took effect on the same day. The share exchange ratio was 1:1.