FilingReader Intelligence

Usen-Next subsidiary business succession delayed to March 2026

July 22, 2025 at 12:04 PM UTC•By FilingReader AI

Usen-Next Holdings announced another postponement of the business succession involving subsidiary USEN FinTech. The target date for USEN FinTech to acquire SBI Sumishin Net Bank's acquiring business has been extended from August 1, 2025 to March 2, 2026.

The delay is due to additional time needed to secure necessary permits and approvals for the acquiring business takeover.

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

Primary Source Document

Notice of further extension of the effective date for the business succession through company split at our subsidiary (change in disclosed matters)July 22, 2025 at 07:00 AM UTC

Supplementary Source Documents

（Corrections of Disclosure Material）Notice on second postpone in effective date for business succession by company split in our subsidiaryJuly 22, 2025 at 07:00 AM UTC

Usen-Next Holdings

TSE:9418•Tokyo Stock Exchange

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