This document has been prepared in accordance with accounting principles and practices generally accepted in Japan, and translated for reference only from the original Japanese version. The Company gives no warranty with respect to its correctness.
The original disclosure in Japanese was released on May 9, 2017 at 16:00
May. 9, 2017
Takara Holdings Inc.
Notice Regarding Establishment of a Subsidiary through Company Split (Incorporation-Type Company Split) and Executive Appointments
Takara Holdings Inc. (“Takara Holdings”) announced on February 16, 2017 that its consolidated subsidiary Takara Shuzo Co., Ltd. would spin off a part of its business through a company split (incorporation-type company split) and transfer it to a company to be established named Takara Shuzo International Co., Ltd. At its Board of Directors’ meeting held on May 9, 2017, Takara Holdings’ plan for establishing this new company through the company split was resolved to be approved at its General Shareholders’ Meeting. Details are as described below.
For details such as the purpose and an outline of the company split, please see the Notice Regarding Establishment of a Subsidiary through Company Split (Incorporation-Type Company Split) dated February 16, 2017.
As for details, please refer to the attached file.
