TOKYO, Jun 25 (Pulse News Wire) – Rarejob,inc. (6096.T) announced plans to undergo a share exchange with Kyoritsu Holdings, making RareJob a wholly-owned subsidiary effective June 25, 2026.
The deal was approved at the regular shareholders' meeting held, with the share exchange agreement signed on May 15, 2026. As part of the transaction, RareJob’s ordinary shares will delist from the Tokyo Stock Exchange Standard Market on July 31, 2026, with the final trading day set for July 29, 2026. Kyoritsu Holdings currently holds 19.96% of RareJob's outstanding voting rights.
The companies entered into a capital and business alliance agreement on November 08, 2024, aimed at accelerating joint business expansion efforts in online learning services and exploring new educational areas and customer acquisition strategies. Additionally, Masayuki Taniguchi, a director of Kyoritsu Holdings, joined RareJob's board of directors on January 05, 2026. Details of the share exchange, including measures to ensure fairness due to RareJob being a previously associated entity under equity method accounting, are outlined in the May 15, 2026, press release titled “Announcement of Simplified Share Exchange Agreement for Full Subsidiarization of RareJob by Kyoritsu Holdings.”.
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