Bewith, Inc.
Notice Regarding Company Split with Wholly-Owned Subsidiary (Simple Absorption-Type Split)
Bewith, Inc. will implement a simple absorption-type split to transfer its business to its wholly-owned subsidiary Bewith Do Co., Ltd. The split schedule: board approval and contract execution on 2026-11-06, effective date planned as 2027-01-01. There will be no change in capital, assets and liabilities to be transferred are as-is, no external revenue will arise, and the impact on consolidated results is expected to be minor.
Key Figures
- Net Sales: 36,322 million yen
- Operating Income: 1,167 million yen
- Ordinary Income: 1,181 million yen
AI要約
Overview of the Matter
This notice reports that Bewith, Inc. has resolved to transfer the business related to its business support functions to its wholly-owned subsidiary Bewith Do Co., Ltd. by a simple absorption-type split. The split will be implemented using the simple absorption-type split under the Companies Act, all shares will be allocated to the successor company Bewith Do, no consideration will be provided, and there will be no change in capital. The effective date is planned as January 1, 2027, and neither company will obtain shareholder meeting approval.
Future Impact and Outlook
The split is expected to have a minor impact on the Company's consolidated results and is an organizational restructuring intended to optimize and improve efficiency of group operations and to maintain statutory employment rates. The transferred business includes support for employment of people with disabilities and consulting, and the assets and liabilities to be transferred are based on current amounts; actual transfer amounts may fluctuate as of the split effective date and time.
Bewith, Inc.
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