July 13, 2022 | |
To whom it may concern | |
Company name: | Takasho Co., Ltd. |
Name of representative: | Nubuo Takaoka, |
Representative Director and President | |
(Code No.: 7590,Prime market of the Tokyo Stock Exchange) | |
Inquiries: | Hiroshi Sogawa, |
Director and General Manager, |
Business Administration Division (Telephone: +81-73-486-2540)
Notice of Establishment of Subsidiary
We announce that our Board of Directors resolved to establish a subsidiary at a meeting held today (July 13, 2022).
Notice
１．Reason for Establishment of Subsidiary
Our groups are developing the business domestically and internationally for plans, manufacturing, and sales of gardening and exterior products.
As DX has been proceeded in various scenes, we are developing VR, AR, MR, and XR applications that fuse the real world and the virtual world in B to B business. In addition, we are producing 4K videos including time axis seasons and entertainment with 4D technology. For commercializing it above, the subsidiary will be established.
Furthermore, the Group will enhance synergy effects by integrating real and virtual services, and promote sales by establishing a subscription-based structure that allows businesses to receive a variety of services.
In the future, | we plan to expand our virtual space proposals beyond the garden and | ||||
exterior industry. | |||||
２. Outline of the subsidiary to be established | |||||
(1) | Trade name | GLD-LAB. CO., LTD. | |||
(2) | Location | 1-5-5 Wakabadai Minami, Tottori City, Tottori Prefecture | |||
(3) | Title and | name | Makoto Hamamoto, President and Representative Director | ||
of representative | |||||
Kouhei Takada, Director (Managing Executive Officer of the Company) | |||||
(4) | Officers | and | Hiroki Kawakami, Director | ||
names | Masaya Inoue, Corporate Auditor (Standing Corporate Auditor of the | ||||
Company) | |||||
(5) | Business | Garden and exterior space design and sales by DX | |||
(6) | Capital | 30 million yen | |||
３. Schedule for Establishment of Subsidiary
- Date of resolution by the Board of Directors: July 13, 2022
- Date of incorporation: July 27, 2022 (scheduled)
- Date of business commencement: July 27, 2022 (scheduled)
４. Outlook in future
We expect that the establishment of this subsidiary will have only a minor impact on our consolidated business results for the fiscal year ending January 20, 2023, but we will promptly disclose any matters that should be disclosed in the future.
End of document