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M・H・GROUP LTD. (9439) · InitiativeAchieved

Conversion to a pure holding company through a company split of the hair salon operations business and consolidation of brands

First written in FY2024-Q3. 1 of 2 entries say "Achieved", first in FY2024. Latest entry: FY2024.

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ProgressHeldSoftenedWorseFirst statedFY2024-Q32024: 22024
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  1. FY2024AchievedAnnual report

    「Based on a resolution of the 34th Annual General Meeting of Shareholders held on 27 September 2023, the company transferred its BS Salon Operations business and Hair and Makeup business by way of an absorption-type company split effective 1 January 2024 to 株式会社エム・エイチ・プリュス (whose corporate name was changed from 株式会社アトリエ・エム・エイチ to 株式会社エム・エイチ・プリュス effective 1 January 2024). As a result, the company became a pure holding company, while 株式会社エム・エイチ・プリュス became an operating company consolidating the “mod's hair” brand under a single company.」

    The absorption-type company split was completed effective 1 January 2024, making the company a pure holding company and consolidating the mod's hair brand under 株式会社エム・エイチ・プリュス.
  2. FY2024-Q3First statedAnnual report

    「By transferring the BS Salon Operations business and Hair and Makeup business operated by the company to 株式会社エム・エイチ・プリュス (the “Successor Company”), the company will promote growth across the group as a pure holding company, while the Successor Company will consolidate the “mod's hair” brand under a single company and pursue greater efficiency and synergies between segments through faster decision-making and the creation of a cross-functional organization.」

    Through a company split effective 1 January 2024, the BS Salon Operations business and Hair and Makeup business were transferred to 株式会社エム・エイチ・プリュス. The company has for the first time disclosed a plan to become a pure holding company, consolidate the mod's hair brand under the Successor Company, accelerate decision-making, improve efficiency across the organization and create synergies between segments.
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Conversion to a pure holding company through a company split of the hair salon operations business and consolidation of brands | M・H・GROUP LTD. (9439) | Komori