Source disclosure: February 13, 2026
GENOVA,Inc. [9341.T]
TOKYO, Feb 13 (Kyodo) -- Genova Inc., represented by President Tomoki Hirase, announced on Monday that its wholly-owned subsidiary, Genova DESIGN Co., Ltd., will be absorbed through a simplified merger effective April 1, 2026.
The decision was made during a board meeting held on February 13, 2026. The company aims to strengthen the integration between its medical platform business and the creative department, streamline decision-making processes, enhance service quality, and reduce management costs as part of an effort to optimize its operational structure.
Genova DESIGN has been responsible for web design and content creation services under the parent company's umbrella since its establishment in May 2018. With this merger, it will dissolve, while Genova Inc. remains the surviving entity. No new shares will be issued nor any merger consideration paid out as part of this transaction. Furthermore, no new share subscription rights or convertible bonds will be involved due to the absence of such instruments from Genova DESIGN’s portfolio.
Regarding the companies' profiles, Genova Inc. is headquartered at Shibuya Hikarie Tower, 34th floor, 2-21-1 Shibuya, Shibuya City, Tokyo, Japan, with a capital stock of 777,588 million yen as of September 30, 2025. Its primary operations include medical platform services, smart clinics, dental distribution, and digital transformation initiatives. In contrast, Genova DESIGN had a much smaller scale, operating solely within the realm of website development and maintenance, with a registered capital of only 5,000 million yen.
Financially, Genova Inc. reported revenues of 9,850,500 million yen and net income of 1,429,907 million yen for the fiscal year ending March 2025. Conversely, Genova DESIGN recorded sales of 337,263 million yen but incurred a loss of 17,116 million yen over the same period. Post-merger, there will be no changes to Genova Inc.'s name, headquarters location, executive roles, business activities, capital base, or fiscal year-end date. Additionally, the merger will not affect the consolidated earnings of Genova Inc., given that Genova DESIGN was already fully owned by the parent company prior to the absorption.
AI-translated content. 🟢 Confidence: High See terms • Original filing