FilingReader Intelligence

Riso Kyoiku to transition to holding company structure

March 21, 2025 at 12:04 PM UTCBy FilingReader AI

Riso Kyoiku has announced its transition to a holding company structure to be named "Riso Kyoiku Group," effective September 1, 2025, pending shareholder approval on May 23, 2025. As part of the restructuring, the company will establish a wholly-owned subsidiary, "TOMAS Corporation", in late March 2025, capitalized at ¥10 million, to act as the succeeding company. This new entity will inherit the tutoring, English language school, and student recruitment businesses. The current president, Masahiko Amabo, will be replaced by Jin Machida, effective September 1, 2025. The company says the move aims to enhance management efficiency.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:4714Tokyo Stock Exchange

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