FilingReader Intelligence

Solasto Corporation restructures children's business through company split

July 8, 2025 at 12:03 PM UTCBy FilingReader AI

Solasto Corporation (TSE: 6197) announced a strategic restructuring of its Children's Business segment, effective April 1, 2026. The plan involves a simplified absorption-type company split, creating a wholly-owned subsidiary named Solasto KIDS NEXT Corporation (temporary). This move aims to provide greater autonomy and agility to the Children's Business in response to evolving childcare needs and challenges. The preparatory company will be capitalized at JPY 10 million and will operate licensed childcare facilities.

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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