On the 18th, House Television, <7064>, announced that its wholly-owned subsidiary Liiga Co., Ltd. has signed an absorption-type split contract to transfer the mid-career recruitment platform business operated by Liiga to the company.

The mid-career recruitment platform, which was spun off to Liiga Co., Ltd. on February 1, 2024, has been deemed to have achieved the initially set targets (such as key indicators such as matching numbers and productivity, renewal of the brand and service site, implementation of additional functions like special scouting), so the company has determined to proceed to the next stage. They will promote the integration of the member base of the fresh graduate recruitment platform business operated by the company and the mid-career recruitment platform business operated by Liiga Co., Ltd., in order to accelerate the future integrated business development and also to streamline group management efficiency. This absorption-type split is intended for this purpose.

This absorption-type split will be carried out by using a simplified absorption-type split method, with Liiga's mid-career recruitment platform business being transferred to the absorbing split company and Liiga becoming the split company. This split is an absorption-type split between the company and its wholly-owned subsidiary, and the impact on the consolidated performance of the company is considered minor.

No changes will be made to the company's issued subscription rights or its capital as a result of this absorption-type split. The company will inherit the assets, liabilities, contracts, and other rights and obligations related to the business to be succeeded as stipulated in the absorption-type split contract. The effective date is set to January 1, 2025. There are no issues expected with regard to the debts that the company should bear.