Brother Industries will transfer its work communication software \u2018BuddyBoard\u2019 business to a newly established subsidiary, BB Inc., by absorption-type company split effective May 1, 2026. IXS is scheduled to acquire 51% equity. 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IXS is scheduled to acquire 51% equity. The impact on consolidated earnings is expected to be minimal.","jir_summary":"### Overview of the Company Split\nBrother Industries, Ltd. resolved to transfer its work communication software service \u2018BuddyBoard\u2019 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.\n\n### Purpose and Future Outlook\nThe 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.","jir_financial_highlights":"Revenue of the relevant business for the most recent fiscal year: approximately 27 million JPY (unknown)\nBrother Industries, Ltd. Revenue for the fiscal year ending March 2025: 876,558 million JPY (unknown)\nBrother Industries, Ltd. Operating Income for the fiscal year ending March 2025: 69,888 million JPY (unknown)\nBrother Industries, Ltd. Net Income Attributable to Owners of Parent for the fiscal year ending March 2025: 54,778 million JPY (unknown)\nScheduled establishment date of BB Inc.: 2026-03-03 (unknown)\nEffective date of this absorption-type company split: 2026-05-01 (unknown)","jir_category":"","jir_hashtags":"#BrotherIndustries, #CompanySplit, #JapaneseStocks","jir_key_figures":"Revenue of the relevant business for the most recent fiscal year: approximately 27 million JPY\nBrother Industries, Ltd. Revenue for the fiscal year ending March 2025: 876,558 million JPY\nEffective date of this absorption-type company split: 2026-05-01","jir_meta_title":"Brother Industries to Spin Off BuddyBoard Business into New Subsidiary with IXS Acquiring 51%","jir_meta_description":"Brother Industries announced a company split transferring the BuddyBoard business to a newly established subsidiary effective May 1, 2026. IXS will acquire 51% equity to accelerate business growth. Impact on consolidated results is minimal.","jir_og_title":"Brother Industries Announces Company Split of BuddyBoard Business","jir_og_description":"Brother Industries will transfer the BuddyBoard business to a new subsidiary with IXS acquiring 51%. This move aims to foster business growth and enhance service quality.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7650,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-32291","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n