This transaction
Establishment of overseas subsidiaryThe 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.
The impact of this matter on the Company's consolidated results for the fiscal year ending February 2027 will be minor.
| Item | Details |
|---|---|
| Transaction name | Establishment of overseas subsidiary |
| Name of the Subject Company | K2 Continuity Re, Inc. |
| Location of the Subject Company | Hawaii, United States |
| Capital Stock of the Subject Company | US$1,000,000 |
| Date of Establishment of the Subject Company | 1 June 2026 (scheduled) |
| Voting rights ownership percentage | After 100% (before not disclosed) |
| Impact on Business Performance | The impact of this matter on the Company's consolidated results for the fiscal year ending February 2027 will be minor. |
| Date of board resolution | 10 April 2026 |
| Execution Date / Effective Date | 1 June 2026 (scheduled) |
| Management structure after acquisition | Corporate name: K2 Continuity Re, Inc.; Representative Director and President: Tatsushiro Toshitaka (達城 利卓); Shareholding structure: KANTSU HD CO.,LTD. 100%. Employee treatment: Not disclosed |
Items this document does not state (22)
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.To enhance risk management within the Company Group, strengthen its financial structure, and hedge cyberattack risks through self-insurance.