Brother Industries, Ltd.
Notice Regarding Company Split (Simplified Absorption-Type Company Split)
Brother Industries will transfer its work communication software ‘BuddyBoard’ business to a newly established subsidiary, BB Inc., by absorption-type company split effective May 1, 2026. IXS is scheduled to acquire 51% equity. The impact on consolidated earnings is expected to be minimal.
Key Figures
- Revenue of the relevant business for the most recent fiscal year: approximately 27 million JPY
- Brother Industries, Ltd. Revenue for the fiscal year ending March 2025: 876,558 million JPY
- Effective date of this absorption-type company split: 2026-05-01
AI要約
Overview of the Company Split
Brother Industries, Ltd. resolved to transfer its work communication software service ‘BuddyBoard’ business to a newly established subsidiary, BB Inc., through a simplified absorption-type company split effective May 1, 2026. BB Inc. will be established as a wholly owned subsidiary of the company, and after the split, IncubeX Studio Co., Ltd. will acquire 51% of the shares through a third-party allotment, making BB Inc. an equity-method affiliate. The sales revenue of the relevant business for the fiscal year ending March 2025 was approximately 27 million JPY. The impact of the split on the company's consolidated results is expected to be minimal.
Purpose and Future Outlook
The purpose of this absorption-type company split is to leverage the SaaS business and construction industry expertise held by IXS to accelerate growth of the BuddyBoard business, improve service quality, optimize business operations, and promote human resource development. Through this, the company expects to enhance the value of its equity interests in BB Inc., continue to receive intellectual property license income, and strengthen the service business foundation through human resource exchanges with BB Inc. There will be no changes to the company name, business description, or capital structure following the split.
