CHIIKISHINBUNSHA CO.,LTD. [2164.T]
TOKYO, Jun 11 (Pulse News Wire) – Chiikishinbunsha CO.,LTD. (2164.T) announced today that its board of directors decided on June 5 to establish a subsidiary with a capital of ¥10 million to launch a fee-based talent introduction service.
The subsidiary, named Allegro Vivace, will commence operations after obtaining necessary permits. Additionally, the company terminated discussions with UniGrowth aimed at a merger agreement reached in November 2025 due to unresolved issues during due diligence processes. The newly established subsidiary aims to support local businesses and residents by facilitating employment opportunities within communities, aligning with CHIIKISHINBUNSHA's strategic plan focused on connecting workers and their living environments. To bolster this initiative, the company has entered into a partnership with AO Corporation, which specializes in supporting the establishment of new ventures in the human resources sector.
AO Corporation will assist in developing strategies, building operational frameworks, and training staff for the new venture. In addition to setting up the subsidiary, CHIIKISHINBUNSHA has concluded talks with UniGrowth, citing the need for independent development of the talent introduction business rather than through a merger. The company believes this approach better serves its long-term growth strategy and regional revitalization efforts. The subsidiary is expected to contribute positively to CHIIKISHINBUNSHA’s revenue diversification and future profitability.
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