Decision and Details
An absorption-type company split covering part of the worker dispatch business and fee-charging employment placement business related to the GRC and security-related solutions business
The successor company is a wholly owned subsidiary of the split company, and no assets or liabilities will be transferred from the split company to the successor company.
In light of the split company's earnings position, cash flows and other factors, it has been determined that the split company is expected to be able to perform the obligations it is responsible for after the absorption-type company split. No assets or liabilities will be transferred from the split company to the successor company.
| Item | Details |
|---|---|
| Matter Covered | An absorption-type company split covering part of the worker dispatch business and fee-charging employment placement business related to the GRC and security-related solutions business |
| Decision Date | 12 June 2026 (date of execution of the absorption-type company split agreement) |
| Implementation Date | 1 August 2026 (scheduled; effective date) |
| Amount | Balance sheet at the establishment of the successor company: assets ¥30,000,000, liabilities ¥0, capital ¥30,000,000 |
| Impact on Business Performance | In light of the split company's earnings position, cash flows and other factors, it has been determined that the split company is expected to be able to perform the obligations it is responsible for after the absorption-type company split. No assets or liabilities will be transferred from the split company to the successor company. |
| Reason | The successor company is a wholly owned subsidiary of the split company, and no assets or liabilities will be transferred from the split company to the successor company. |
| Governing Rule | Article 782, Paragraph 1 of the Companies Act; Article 794, Paragraph 1 of the Companies Act; Article 183 of the Ordinance for Enforcement of the Companies Act; Article 192 of the Ordinance for Enforcement of the Companies Act |
| Future plans | The absorption-type company split is scheduled to take effect on 1 August 2026. If any changes arise in the matters stated before the effective date, the revised details will be disclosed immediately. |
Items this document does not state (4)
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.As the successor company is a wholly owned subsidiary of the split company and no assets or liabilities will be transferred from the split company to the successor company, it has been determined that the delivery of consideration for the company split is appropriate and that the split company is expected to be able to perform its obligations after the split.