TOKYO, Apr 30 (Pulse News Wire) – Quick CO.,LTD. (4318.T) announced today that its board of directors resolved to sell all shares of its subsidiary, WORK PROJECT Co., Ltd., effective July 1, 2026.
As a result, WORK PROJECT Co., Ltd. will be delisted from QUICK's consolidated subsidiaries. WORK PROJECT Co., Ltd., headquartered in Osaka, Osaka Shi Kita Ku Komatsu Haramachi 2-4, was established in November 2003 and primarily engages in childcare staffing services, operation, and support. It had a capital of ¥20 million and reported revenues of ¥1.220 billion, ¥1.327 billion, and ¥1.215 billion for fiscal years ending March 2024, 2025, and 2026, respectively. The company’s operating profit stood at --¥38.3 million, ¥19.6 million, and --¥16.0 million during the same periods. Quick CO.,LTD. decided to divest WORK PROJECT Co., Ltd. due to limited synergy between the subsidiary’s operations and the parent company’s growth strategy amid changing market conditions. The sale will enable WORK PROJECT Co., Ltd.
To operate more independently and enhance its business value. Additionally, Quick CO.,LTD. plans to focus its resources on core businesses to boost overall enterprise value. The transaction involves transferring 400 shares to Mr. Yoshihiro Miyamoto, who will acquire the entire stake through a management buyout (MBO). Details of the share price remain undisclosed. Post-transaction, Quick CO.,LTD. will hold zero shares of WORK PROJECT Co., Ltd. The decision ensures fairness and,？,.
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