TOKYO, May 01 (Pulse News Wire) – Poppins Corporation (7358.T) completed the transfer of its subsidiary, Wish Co., Ltd., to Brave Co., Ltd., a subsidiary of Recruit Holdings, effective March 17, 2026. As a result, Wish Co., Ltd.
Will be excluded from Poppins’ consolidated financial statements. Wish Co., Ltd., located at Tokyo, Shibuya Ku Hiroo Go Choume 6-6, operates human resources dispatch services in the childcare sector. It had a capital of ¥45 million.
The acquiring entity, Brave Co., Ltd., is based at Tokyo, Shinjuku Ku Nishishinjuku 1-25-1, Shinjuku Center Building, 30th Floor, with President and CEO Shimaeda Tadashi overseeing operations. Looking ahead, Poppins anticipates recognizing special gains related to the sale of associated company shares in its fiscal year ending December 2026. However, the impact on the current consolidated performance forecast is expected to be minor.
Any further significant developments will be disclosed promptly.
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