The filing reports a change in specified subsidiary status for two existing subsidiaries: Intex Co., Ltd. (machinery sales/trading) and CareerMate Co., Ltd. (temporary staffing). This reclassification occurred because the parent company reduced its capital to 100 million yen on August 15, 2022, causing these subsidiaries (both 100% owned) to exceed the 10% threshold and meet the definition of specified subsidiaries under financial instruments law.
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Summary
The filing reports a change in specified subsidiary status for two existing subsidiaries: Intex Co., Ltd. (machinery sales/trading) and CareerMate Co., Ltd. (temporary staffing). This reclassification occurred because the parent company reduced its capital to 100 million yen on August 15, 2022, causing these subsidiaries (both 100% owned) to exceed the 10% threshold and meet the definition of specified subsidiaries under financial instruments law.
The company established CHUGAI HAWAII LLC, a real estate business subsidiary in Honolulu, Hawaii on November 5, 2025, with capital of USD 100,000. The subsidiary qualifies as a specified subsidiary (特定子会社) as its capital amount reaches 10% or more of the parent company's capital, requiring disclosure under the Financial Instruments and Exchange Act.
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Summary
The company established CHUGAI HAWAII LLC, a real estate business subsidiary in Honolulu, Hawaii on November 5, 2025, with capital of USD 100,000. The subsidiary qualifies as a specified subsidiary (特定子会社) as its capital amount reaches 10% or more of the parent company's capital, requiring disclosure under the Financial Instruments and Exchange Act.