The company resolved to acquire 100% of the shares of Japan Legal Network Co., Ltd. and make it a subsidiary effective April 1, 2026. This acquisition will also result in ATE Corporation, currently a wholly-owned subsidiary of Japan Legal Network, becoming a consolidated subsidiary (grandchild company) of the reporting company. The filing is submitted under the Financial Instruments and Exchange Act Article 24-5(4) as this involves a material change in specified subsidiaries.
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Summary
The company resolved to acquire 100% of the shares of Japan Legal Network Co., Ltd. and make it a subsidiary effective April 1, 2026. This acquisition will also result in ATE Corporation, currently a wholly-owned subsidiary of Japan Legal Network, becoming a consolidated subsidiary (grandchild company) of the reporting company. The filing is submitted under the Financial Instruments and Exchange Act Article 24-5(4) as this involves a material change in specified subsidiaries.
The company decided on February 12, 2026 to acquire a majority stake in Mikata Shohin Tanjiki Hoken K.K., a leading legal expense insurance provider, for up to ¥2,955 million. The acquisition aims to leverage Mikata's expertise in lawyer insurance to expand legal access services and address Japan's '20% Justice' problem through synergies in customer base, product development, and AI technology integration.
¥3.0bn
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Summary
The company decided on February 12, 2026 to acquire a majority stake in Mikata Shohin Tanjiki Hoken K.K., a leading legal expense insurance provider, for up to ¥2,955 million. The acquisition aims to leverage Mikata's expertise in lawyer insurance to expand legal access services and address Japan's '20% Justice' problem through synergies in customer base, product development, and AI technology integration.