TOKYO, Jun 11 (Pulse News Wire) – Timee,inc. (215A.T) announced today that its board of directors, held, resolved to establish a subsidiary focused on developing financial-related services.
The new entity, named Timee Financial Co., Ltd., will have its headquarters at Tokyo, Minato Ku Higashishinbashi 1-5-2 and is scheduled to commence operations on July 10, 2026. The capital of the subsidiary stands at ¥100 million. Timee Financial's primary objective is to prepare for the commercialization of peripheral areas related to finance through leveraging Timee’s existing platform. The company will be wholly owned by Timee,inc., with a holding ratio of 100%.
In addition to the capital investment, there will also be personnel exchanges between the parent and subsidiary companies. However, due to the early stage of development, no specific trading relationships have been identified yet. Looking ahead, Timee,inc. anticipates that the establishment of this subsidiary will have a minor impact on its consolidated performance.
Any significant developments will be disclosed promptly as they arise.
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