Taisei Corporation
Notice Regarding Change in Specified Subsidiary
Taisei Corporation resolved to make a preferred equity investment of JPY 18.5 billion in a special purpose company for the Tenjin 1-chome Development Project, thereby making it a specified subsidiary. The investment is scheduled to be made gradually starting March 2026.
Key Figures
- Preferred Investment Amount: JPY 18.5 billion (planned)
- Investment Ratio: 100%
- Establishment Date: 2025-12-01
AI要約
Overview of Change in Specified Subsidiary
Taisei Corporation resolved to make a preferred equity investment in a special purpose company related to the Tenjin 1-chome Development Project in Fukuoka Prefecture. The total investment amount is planned to be JPY 18.5 billion, which corresponds to more than 10% of the Company's capital stock, thus qualifying the company as a specified subsidiary. The establishment date is 2025-12-01, and the investment ratio is 100%. The business activities include the acquisition, management, and disposition of specified assets pursuant to the asset securitization plan.
Future Schedule and Impact on Business Performance
The preferred equity subscription agreement is scheduled to be concluded in March 2026, with the investment to be gradually made from March 2026 to December 2031. The impact on the Company’s business performance from this transaction is expected to be minimal. Since the specific purpose company is newly established, there are no financial conditions or operating results for the past three years.
