(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
Attachments
Original Link
Original Document
Permalink
Disclaimer
Takasho Co. Ltd. published this content on 14 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 July 2022 01:23:01 UTC.
TAKASHO CO.,LTD. is a Japan-company mainly engaged in the manufacture and sale of various garden materials that make up the garden space, as well as the provision of other related services. The Company operates five geographical business segments including Japan, Europe, China, Korea and the United States. The Company is involved in the plan and development of the products related to indoor and environmental exteriors such as outdoor gardens and greenery, the import and export of garden supplies, as well as the development and design of exterior products. The company is also involved in the provision and process of software about computer-aided design (CAD) and computer graphics (C.G.). The Company is also involved in the design and construction of gardens and mail order sales, the manufacture and sale of lighting equipment, the manufacture, process and sale of wood.
TAKASHO CO.,LTD. 
