Persol Holdings to merge with facility management subsidiary

Persol Holdings Co., Ltd. (TSE:2181) announced that its Board of Directors has resolved to merge with its wholly-owned subsidiary, Persol Facility Management Co., Ltd., through an absorption-type merger, effective August 1, 2025. As this is a simplified absorption-type merger with a wholly-owned subsidiary, certain disclosure items are omitted. Persol Holdings aims to improve efficiency by consolidating management resources and integrating operations. As the surviving entity, Persol Holdings will continue operations, while Persol Facility Management Co., Ltd., will be dissolved. The merger involves no issuance of new shares or payment of cash and is expected to have minimal impact on consolidated results. Persol Holdings' capital stands at JPY 17,479 million as of March 31, 2025.