ASMO CORPORATION [2654.T]

TOKYO, Apr 01 (Pulse News Wire) – ASMO Corporation (2654.T) completed its acquisition of TrustGrowth Co., Ltd. on April 01, 2026, making it a wholly-owned subsidiary.

TrustGrowth operates in human resources dispatching and IT outsourcing services, with headquarters located at Tokyo, Shinjuku Ku Nishishinjuku6-10-1 Nishishinjuku Building 8F. The company was established on August 01, 2008, and has a capital of ¥30 million. Long-term shareholder and president Naoki Nagai holds 100% percent of the shares. Additionally, ASMO acquired two subsidiaries of TrustGrowth: TrustGrowth East Japan and TrustGrowth West Japan.

TrustGrowth East Japan, based in Miyagi, Sendai Shi Aoba Ku Honchou1-12-7, has a capital of ¥20 million and was founded on December 08, 2025. TrustGrowth West Japan, situated at Osaka, Osaka Shi Chuuou Ku Honchou1-7-7, has a capital of ¥85 million and was established on December 24, 2019. Both subsidiaries operate in similar fields and are majority-owned by TrustGrowth, holding respective stakes of 100% and 100% percent. Looking ahead, ASMO stated that the impact on consolidated performance for the fiscal year remains under review.

Any significant developments affecting future consolidated results will be promptly disclosed.

Original Disclosure (PDF)

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