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M&A and Subsidiary Changes9241Future Link Network Co.,Ltd.Information and Communications, Services and Others

Notice Regarding the Establishment of a Subsidiary Through a Company Split (Simplified Incorporation-Type Company Split)

The Company will carve out its hometown tax donation business through a simplified incorporation-type company split and transfer it to a newly established wholly owned subsidiary. The business will remain within the Company's group but will be operated as an independent company.

Worth reading
48Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
37.3
% (revenue of the target business/revenue of the Company, fiscal year ended August 2025)
Wording
Conditional
How definitive the wording is.

This transaction

This incorporation-type company split
Counterparty株式会社フューチャーリンクローカルサポート
Disclosing companyFuture Link Network Co.,Ltd.
Voting rights ownership percentageNumber of shares acquired 1,000 common shares (number of 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.

TimelineThe spacing between the points is proportional to the actual number of days.
Target company

Hometown tax donation business

Location Funabashi, Chiba PrefectureShare capital ¥10 millionDate of incorporation 1 October 2026 (予定)
Net Sales¥565 million (fiscal year ended August 2025)
Consideration and expenses
Type of ConsiderationShares (all 1,000 common shares issued by the newly established company will be allotted and delivered to the Company)
Impact on Business Performance

The impact of this incorporation-type company split on the Company's consolidated results will be immaterial.

Procedures and assumptions
Conditions Precedent to ExecutionAs this is a simplified incorporation-type company split as provided for in Article 805 of the Companies Act, it will be carried out pursuant to a board resolution without shareholder approval.
Management structure after acquisitionThe representative director of the new company will be Okada Ryosuke (岡田亮介). There will be no change to the Company's name, location, representative, business activities, share capital or fiscal year-end. Employment contracts and other rights and obligations pertaining to the target business will be transferred to the new company.
This transaction
ItemDetails
Transaction nameThis incorporation-type company split
Counterparty name株式会社フューチャーリンクローカルサポート
Business Description of the Subject CompanyHometown tax donation business
Location of the Subject CompanyFunabashi, Chiba Prefecture
Capital Stock of the Subject Company¥10 million
Date of Establishment of the Subject Company1 October 2026 (予定)
Net Sales of the Subject Company¥565 million (fiscal year ended August 2025)
Type of ConsiderationShares (all 1,000 common shares issued by the newly established company will be allotted and delivered to the Company)
Number of shares acquired1,000 common shares (number of voting rights: Not disclosed)
Voting rights ownership percentageAfter 100.00% (before not disclosed)
Impact on Business PerformanceThe impact of this incorporation-type company split on the Company's consolidated results will be immaterial.
Date of board resolution24 August 2026
Execution Date / Effective Date1 October 2026 (scheduled)
Conditions Precedent to ExecutionAs this is a simplified incorporation-type company split as provided for in Article 805 of the Companies Act, it will be carried out pursuant to a board resolution without shareholder approval.
Management structure after acquisitionThe representative director of the new company will be Okada Ryosuke (岡田亮介). There will be no change to the Company's name, location, representative, business activities, share capital or fiscal year-end. Employment contracts and other rights and obligations pertaining to the target business will be transferred to the new company.
Items this document does not state (17)
Name 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 periodFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateValuation methodologyIndependent valuation institutionSpecial Committee

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 purpose is to accelerate decision-making for the hometown tax donation business and enable flexible operations unconstrained by the Company's existing businesses. The Company also states that the transaction will facilitate business and capital alliances with other companies, with the aim of growing the target business and enhancing the corporate value of the group as a whole.

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.
Notice Regarding the Establishment of a Subsidiary Through a Company Split (Simplified Incorporation-Type Company Split) | Future Link Network Co.,Ltd. (9241) timely disclosure | Komori