Decision to Invest 1.68B KRW in Japanese Subsidiary… Acquisition Schedule Adjusted
S2W decided to invest approximately 1.68B KRW (JPY 180M) in cash to establish S2W JAPAN as a 100% subsidiary, representing 5.74% of its equity capital.
The initial acquisition date of May 29, 2026 has been postponed to June 30, 2026 due to delays in opening a bank account for the Japanese entity. The new date corresponds to the expected completion of the paid-in capital increase registration.
The investment aims to strengthen business competitiveness in the Japanese market, with the new subsidiary focusing on software development and supply.
The acquisition amount is based on the exchange rate of 932.91 KRW/JPY as of February 24, 2026, but may fluctuate with future exchange rates at the time of payment.
[AI Comprehensive Analysis]This disclosure represents a normal capital injection for overseas expansion, with no immediate material impact on shareholder value. The delay in bank account opening is a minor operational issue, and the long-term growth potential from entering the Japanese market limits any negative effects.
KOSDAQ Filing Information
Filing: [Correction of Description] Decision on Acquisition of Stocks and Investment Securities in Other Corporations (Voluntary Disclosure)