At the Board of Directors meeting held today, we resolved to establish a holding company in order to shift to a holding company structure from the next business year.

The transition to a holding company structure will be carried out on the condition that the relevant agenda will be approved and approved at the Ordinary General Meeting of Shareholders of the Company, which is scheduled to be held in June 2019.

 

 

1. Objectives

With the recent breakthroughs in medical technology and IT technology, the life sciences and healthcare industry is undergoing a period of major change, and the industry environment surrounding companies is changing rapidly.

In such a situation, our group has always created new value and has expanded its business in various business fields so that it can contribute to customers and society. In such situation, we have determined that it is best to shift to a holding company structure in order to achieve further growth of existing businesses and aim for speedy and reliable success of new businesses.

The objectives of the transition to a holding company structure are as follows.

• Speed ​​up decision making:
  By separating the organization that manages the group and the organization that promotes individual businesses, the authority and responsibility of both parties are clarified, and a system that enables swift decision making in each business promotion is established. We will strive to strengthen our business competitiveness by adapting to the changing times with a sense of speed.

 

• Strengthen group management
  The holding company will concentrate on the management of the group companies, formulate a group management strategy for expanding the business including M & A, and aim to maximize the corporate value of the entire group by optimally allocating and efficiently utilizing management resources.

 

• Transformation to the best culture and systems for each group company
  In the course of diversifying business development, we will individually introduce a personnel and labor system that matches the corporate culture and business content of each company, and by developing this system, we will strengthen human resources and motivate employees.

 

2. Processes of Transformation

DOJIN GROUP Co., Ltd. is newly established as a pure holding company, and the holding company structure will be adopted by making the group companies into subsidiaries. When making a subsidiary, the shares will be exchanged with each group company and the shares will be transferred by cash dividends.

 

3. Holding Company Description
   • Company name: DOJIN GROUP CO., Ltd.
   • Headquarter：1-44-2, Ryutsu-Danchi, Minami-ku, Kumamoto, JAPAN
   • Representative：Keima Ueno, CEO
   • Business：Management of group companies
   • Founded：April 26^th, 2019