Decision and Details
Absorption-type company split involving the rights and obligations relating to the recruitment placement and recruitment support businesses
Because the successor company is a wholly owned subsidiary of the splitting company, it has been determined that it is appropriate not to deliver any consideration. Assets are expected to exceed liabilities after the split, and no circumstances are currently anticipated that would impede the performance of obligations.
| Item | Details |
|---|---|
| Matter Covered | Absorption-type company split involving the rights and obligations relating to the recruitment placement and recruitment support businesses |
| Decision Date | 20 May 2026 (date of execution of the absorption-type company split agreement) |
| Implementation Date | 1 October 2026 (scheduled effective date) |
| Amount | As of the successor company's incorporation date: capital stock of ¥30 million, accounts receivable of ¥30 million, total assets of ¥30 million, total liabilities of —, and total net assets of ¥30 million. No consideration will be delivered for the absorption-type company split. |
| Reason | Because the successor company is a wholly owned subsidiary of the splitting company, it has been determined that it is appropriate not to deliver any consideration. Assets are expected to exceed liabilities after the split, and no circumstances are currently anticipated that would impede the performance of obligations. |
| Governing Rule | Article 782, paragraph 1 of the Companies Act; Article 183 of the Ordinance for Enforcement of the Companies Act; Article 794, paragraph 1 of the Companies Act; Article 192 of the Ordinance for Enforcement of the Companies Act |
| Future plans | The absorption-type company split will be implemented with 1 October 2026 as its effective date. If any changes arise in the matters, the revised details will be disclosed immediately. |
Items this document does not state (5)
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.Because the successor company is a wholly owned subsidiary of the splitting company, it has been determined that it is appropriate not to deliver any consideration. It also states that assets are expected to exceed liabilities after the split and that no circumstances are currently anticipated that would impede the performance of obligations.