Solasto Corporation
(Progress and Changes in Disclosure) Notice Concerning the Conclusion of an Absorption-Type Company Split Agreement due to the Corporate Spin-Off of the Childcare Business by a Simple Absorption-Type Company Split
Solasto Corporation entered into a contract on January 16, 2026, to spin off its childcare business by a simple absorption-type company split effective April 1, 2026, transferring the business to its 100% owned subsidiary, Solasto Kids Next Inc.
Key Figures
- Date of Establishment of the Company Preparing for Split: 2025-07-23
- Date of Execution of the Absorption-Type Company Split Agreement: 2026-01-16
- Total Transferred Assets (post-adjustment): 8,209 million yen
- Total Transferred Liabilities (post-adjustment): 1,419 million yen
- Effective Date of the Absorption-Type Company Split: 2026-04-01 (scheduled)
AI要約
Overview of the Company Split
Solasto Corporation concluded a simple absorption-type company split agreement on January 16, 2026, to spin off its childcare business effective April 1, 2026, with its 100% owned subsidiary, Solasto Kids Next Inc., as the successor company. The company preparing for the split was established on July 23, 2025. Since this split is a simple absorption-type company split under Article 784, Paragraph 2 of the Companies Act, shareholder meeting approval is not required.
Adjustment of Assets and Liabilities and Future Outlook
In connection with the split, the scope of assets and liabilities was reviewed based on accounting standards for social welfare corporations. Transferred current assets increased from 1,582 million yen to 2,138 million yen, while fixed assets slightly decreased from 6,080 million yen to 6,071 million yen. On the liabilities side, current liabilities increased from 324 million yen to 570 million yen, and fixed liabilities remained almost unchanged. Some subsidiary shares were excluded from the transfer due to financial strategy. There will be no changes to the company name, location, representative, capital, or fiscal year after the split.
