Living Platform,Ltd.
Notice Regarding Succession of Businesses through Company Split (Absorption-Type) in Consolidated Subsidiaries
Today, it was decided to carry out an absorption-type company split with Challenge Platform, a consolidated subsidiary, as the succeeding company, and KS Co. and NC Co. as the splitting companies, with an effective date scheduled for 2026-12-01. The succeeded businesses focus on support for people with disabilities. Cash consideration will be paid to KS Co. of 23.07 hundred million yen and to NC Co. of 7.8 hundred million yen, and these amounts were judged reasonable within the valuation ranges based on a DCF method by an independent valuation firm.
Key Figures
- Consideration to KS Co.: 23.07 hundred million yen
- Consideration to NC Co.: 7.8 hundred million yen
- DCF valuation range of business value: KS 2,189 million yen–2,415 million yen, NC 672 million yen–784 million yen
AI要約
Overview of the Transaction
It was decided to implement this absorption-type company split for the purpose of succeeding KS Co. and NC Co., which primarily operate support services for people with disabilities. The succeeding company, Challenge Platform, is a 100% subsidiary, and KS Co. and NC Co. operate support services for people with disabilities, property management, and public facility businesses. The split ratios and consideration were judged to be reasonable within the valuation ranges determined by an independent valuation firm using the DCF method. The effective date is scheduled for 2026-12-01.
Outlook and Points to Note
It is disclosed that the succession timing may be partially delayed depending on the progress of administrative procedures, and the impact on results for the fiscal year ending March 2027 is TBD. After the absorption-type split, CPF's business is expected to expand to include property management and public facility businesses.
Living Platform,Ltd.
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