Eternal Hospitality Group Co.,Ltd.TSE: 3193

(Progress of Disclosed Matter) Notice Regarding Establishment of Intermediate Holding Company (Specified Subsidiary) in the U.S.

· Issued by Eternal Hospitality Group Co.,Ltd. via TDnet

Filed with TSE · · 1 page · English

Summary by 6ix AI

Eternal Hospitality Group Co.,Ltd. has filed a notice regarding the establishment of an intermediate holding company in the U.S., specifically ETERNAL HOSPITALITY USA INC. The cash contribution to the subsidiary has been completed, and the company plans to contribute shares of TORIKIZOKU USA INC. to this new entity. The filing outlines the subsidiary's details, including its location in Delaware and its business focus on planning and promoting operations in the U.S. The company states that this establishment will have a negligible impact on its consolidated financial results.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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