TOKYO, May 28 (Pulse News Wire) – BlueMeme Inc. (4069.T) announced today that its board approved plans to transition to a pure holding company structure via an absorption-style company split, and to convert from a board-of-corporate-auditors structure to an audit-committee structure.
The change is intended to separate executive management from oversight and to address recent governance and disclosure-timeliness issues across the group.
As part of the preparations, BlueMeme today established a wholly owned subsidiary, LowCode Co., Ltd., with capital of ¥1 million, to serve as the successor entity in the planned split. The subsidiary will operate the group's low-code and agile DX business, with President Masakatsu Matsuoka serving in the same role at the new company.
The schedule sets the absorption-split agreement and shareholder approval for the 20th annual general meeting on June 26, 2026, with the split taking effect on October 1, 2026. The migration to the audit-committee structure is conditional on related articles-of-incorporation amendments being approved at the same meeting. BlueMeme said the impact on consolidated performance is expected to be minimal.
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