July 19, 2022 | |
Company name: | Robot Home, Inc. |
Representative: | Daisaku Furuki, Representative Director/CEO |
(Stock exchange code: 1435, TSE Prime) | |
Contact: | Shinji Yasui, Executive Officer/CFO |
(Phone: +81-3-6447-0651) |
Notice Regarding the Establishment of a Subsidiary
Robot Home, Inc. (the "Company") hereby announces that, by written resolution of the Board of Directors dated July 19, 2022, it has resolved to establish a subsidiary "Next Relation, Inc."
1. Purpose of establishment
Utilizing our track-record in the development and application of a variety of different real estate x IT products, the Company has rolled out a range of DX integration support services. Among those services, demand for public affairs consulting in particular has expanded.
The public affairs business is a growth industry that is essential to the creation of new markets, and we believe that its expansion will contribute to the improvement of medium- to long-term corporate value across the entire Group.
We hope that the establishment of this subsidiary will realize further business growth by clarifying the profit to be generated through the public affairs business.
2. Overview of subsidiary
(1) | Name | Next Relation, Inc. | ||
(2) | Head office | 7-4-15 Ginza, Chuo-ku, Tokyo | ||
(3) | Representative | Kota Onodera, Representative Director (Executive Officer of the Company) | ||
| Public affairs consulting | |||
(4) | Business | | Development of systems for solutions to local issues for regional | |
governments | ||||
| Operation of membership organizations aimed at corporate support | |||
(5) | Capital | 10 million yen | ||
(6) | Establishment | August 15, 2022 (Scheduled) | ||
(7) | Fiscal year-end | December 31 | ||
Major shareholders | The Company: 80% | |||
(8) | and shareholding | |||
Kota Onodera: 20% | ||||
ratios | ||||
Capital | Subsidiary in which the Company holds an 80% share | |||
The plan is for one of the Company's Executive Officers to concurrently | ||||
Relationship | serve as the subsidiary's Representative Director and for two of the | |||
Company's Directors to concurrently serve as Directors of the | ||||
(9) | between listed | Personnel | subsidiary. It is also planned that one of the Company's Executive | |
company and this | Officers will concurrently serve as the subsidiary's Corporate Auditor. | |||
company | In addition, the subsidiary plans to accept employees seconded from the | |||
Company. | ||||
The Company and the subsidiary plan to enter into an outsourcing | ||||
Trade | contract whereby the subsidiary outsources operations such as | |||
subsidiary management to the Company. | ||||
3. Schedule
(1) Board of Directors resolution | July 19, 2022 |
(2) Establishment | August 15, 2022 (Scheduled) |
4. Prospects
This transaction has little effect on the consolidated performance of the Company. We will promptly disclose any matters that need to be disclosed should they arise in future.