Notice Regarding Establishment of an Intermediate Holding Company through Company Split (Simple Incorporation-type Company Split)

Overview of the Company Split

Kosaido Holdings Corporation will carry out a simple incorporation-type company split with the effective date of April 1, 2026, establishing Kosaido Life Partners Corporation as an intermediate holding company for the funeral business. This will consolidate management functions related to the funeral service business, promoting governance enhancement and standardization of business processes. The newly established company will be a 100% subsidiary of Kosaido Holdings Corporation, inheriting all shares of three funeral-related subsidiaries, thus becoming a grandchild company of Kosaido Holdings. The capital will be 50 million yen, and the transferred assets consist of 2,509 million yen in affiliated company shares.

Outlook and Impact

The impact of this company split on the consolidated and non-consolidated performance of Kosaido Holdings Corporation is expected to be minimal, with no changes to capital or the number of issued shares. The establishment of the intermediate holding company aims to accelerate decision-making and improve operational efficiency in the funeral business, building a management foundation that can flexibly respond to future business development and organizational expansion. No material changes are expected in the consolidation scope.