TOKYO, Apr 10 (Pulse News Wire) – Kantsu CO.,LTD. (9326.T) announced today that its board of directors, held, approved the establishment of a local subsidiary in Hawaii, USA.
The move aims to enhance risk management within the group and strengthen financial structures through risk hedging via self-insurance. The newly established entity, named K2 Continuity Re, Inc., will be headquartered in Hawaii with a capital of $1,000,000. The sole shareholder will be Kantsu CO.,LTD.
With a stake of 100%. Regarding the impact on future performance, the company stated that the effects on its consolidated results for the fiscal year ending February 2027 would be minor. The planned incorporation date is set for June 01, 2026.
🟢 Confidence: High AI-translated content.