Daiwa House Industry Co., Ltd.
Notice Regarding Transfer of Specific Subsidiary in the United States
As part of the reorganization of our U.S. consolidated subsidiary CastleRock Communities LLC, CRC Holdings LLC was established and qualifies as a specific subsidiary with capital exceeding 10% of our capital stock.
Key Figures
- Capital of CRC Holdings LLC: 528,608 thousand USD (82,758 million JPY)
- Major shareholder ownership ratio: Daiwa House USA Holdings Inc. 89.11%
- Date of corporate restructuring resolution: 2025-10-21
AI要約
Overview of Transfer of Specific Subsidiary
To facilitate financing for our U.S. consolidated subsidiary CastleRock Communities LLC, we established a holding company, CRC Holdings LLC, and transferred interests in CastleRock Communities LLC. As a result, CRC Holdings LLC’s capital exceeds 10% of our capital stock, qualifying it as a specific subsidiary. CRC Holdings LLC was established on 2025-12-01, with us indirectly holding 89.11% ownership.
Outlook and Impact
The corporate restructuring was resolved on 2025-10-21 and executed on 2025-12-01. The impact on consolidated earnings for the current term is considered minimal. Furthermore, four of our officers concurrently serve as directors of CRC Holdings LLC, and our employees have been seconded; however, there is no transactional relationship.
