Taisei Lamick Group Head Hosts Board Meeting to Establish Overseas Subsidiary

TOKYO, Jun 24 (Pulse News Wire) – Taisei Lamick Group Head Quarter & Innovation CO.,LTD. (4994.T) held a board meeting on June 24 to establish a new subsidiary focused on overseas operations.

The subsidiary, named Taisei Lamick Overseas Business Division Preparation Corp., aims to centralize marketing strategies in North America and ASEAN regions, enhancing local decision-making and business expansion. Key details of the new subsidiary include: - Headquarters location: Saitama, Shiraoka Shi - Capital: ¥10 million (planned) - Establishment date: September 1, 2026 (planned) - Commencement of operations: April 1, 2027 (planned) - Major shareholder and ownership ratio: Taisei Lamick Group 100% Additionally, the subsidiary will be led by President and CEO Tomita Ichiro.

The company expects the establishment of this subsidiary to have a minor impact on its fiscal year 2027 performance. Any significant developments will be disclosed promptly.