Benext Group to merge construction subsidiaries for efficiency

Benext Group announced today that its Board of Directors has approved an absorption-type merger between its consolidated subsidiaries, Open Up Construction Inc. (OPC) and Yumeshin Co., Ltd. Under the agreement, Yumeshin will be the surviving company, with the surviving company's trade name scheduled to be changed to Open Up Fielding Inc., effective January 1, 2026. This strategic move aims to enhance the speed of execution for various initiatives and improve operational efficiency within Benext's construction business. Yumeshin Co., Ltd. currently has capital of JPY110 million and Open Up Construction Inc. has capital of JPY40 million. Benext Group expects the merger to have a minimal impact on its consolidated financial results, as both entities are 100% owned by the company.