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Saint Marc Holdings plans subsidiary, considers company split

April 17, 2025 at 12:04 PM UTCBy FilingReader AI

Saint Marc Holdings Co., Ltd. disclosed plans to establish a new subsidiary, Kyoto Katsugyu Co., Ltd., and initiate a company split involving its G-Holdings, GOLIP, and OHANA subsidiaries. The split aims to consolidate the Gyukatsu Kyoto Katsugyu, KYOTO GATTEN, Gottie's BEEF, NICK STOCK, and Hamburg Conel restaurant businesses under the new subsidiary. The Board of Directors approved the subsidiary's establishment on April 17, 2025, with operations slated to commence on October 1, 2025. A decision regarding the company split is expected in mid-August 2025. The new entity will have a capital of JPY 100 million and will be wholly owned by Saint Marc Holdings. The company expects a minimal impact on its consolidated financial results due to the restructuring.

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

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