Recruit Holdings Co., Ltd. (the "Company") announces that a company-split agreement between the Company and its subsidiary was approved at the Company's Extraordinary General Meeting of Shareholders today.

Accordingly, with April 1, 2018 as the effective date, an absorption-type split will be conducted in which the rights and obligations of the Media & Solutions segment of the Company will be succeeded to Recruit Administration Co., Ltd. The wholly-owned subsidiary of the Company will be renamed to Recruit Co., Ltd. on April 1, 2018.

For details of the absorption-type split, please refer to "Notification of Execution of Company-split (Absorption-type Split) Agreement with the Company's Subsidiary" disclosed on November 14, 2017.

Notification of Resolution of the Extraordinary General Meeting of Shareholders (18 KB)