Speee has taken its planned SOMPO tie-up from memorandum to binding structure, and the terms show this is a carve-out with retained control, not a handover. The company plans to split its renovation and repair DX business into a new subsidiary, ReFact, on August 1, then bring in SOMPO Holdings through a planned September third-party allotment. After that step, Speee will still own 60.7%, so ReFact stays inside Speee's consolidated accounts.
What is moving
The business being hived off is Speee's home-renovation and repair DX franchise, including Nurikae, Minna no Repair, Refosum and Budii. In the year to September 2025, the carved-out unit recorded ¥3.811bn in revenue. Speee says assets of ¥1.151bn and liabilities of ¥450mn will transfer based on a March 31 reference date, although the final amounts can still change by the August effective date.
| Feature | Detail |
|---|---|
| New company | ReFact, planned establishment and split effective Aug. 1, 2026 |
| Business transferred | Speee's renovation and repair DX business, including Nurikae, Minna no Repair, Refosum and Budii |
| Scale of carve-out | Revenue ¥3.811bn in the year to Sept. 2025 |
| Balance sheet at Mar. 31, 2026 | Assets ¥1.151bn, liabilities ¥450mn, subject to change by effective date |
| SOMPO investment | 6,473 shares at ¥280k each, total ¥1.812bn, planned for September 2026 |
| Ownership after investment | Speee 60.7%, SOMPO Holdings 39.3%, with ReFact remaining a consolidated subsidiary of Speee |
Why SOMPO matters
SOMPO's role is more than a minority label. It plans to subscribe for 6,473 shares in ReFact at ¥280k each, for a total of ¥1.812bn, with payment scheduled for September. The funds are earmarked for the new company's growth, and ReFact's capital is planned to rise to ¥1.006bn after the allotment. The strategic pitch is straightforward: Speee brings service-development know-how and a broad network of partner companies, while SOMPO brings customer base. The joint venture's stated work list is equally concrete, matching contractors and users, building productivity tools for repair companies, and introducing qualified repair firms to insurance policyholders hit by disasters.
How Speee's mix changes
This does not move all of Speee into a partnership. The parent keeps its financial DX, legacy-industry DX and consulting operations, while ReFact becomes a separately capitalised vehicle focused only on renovation and repair. Governance mirrors that balance: after SOMPO invests, Speee will nominate two directors and SOMPO one. Employees mainly engaged in the transferred business are set to continue at ReFact, and the new company is expected to commission back-office services from Speee. Because the split qualifies as a simplified incorporation-type company split, Speee says it can proceed without shareholder approval.
What is still missing
The disclosure gives structure, capital and ownership, but not yet a profit map. Speee says ReFact's business forecast remains undecided, and it also says the overall impact on consolidated profit should be limited because the venture will remain consolidated. For now, the story is not a full exit. It is Speee carving out a housing-repair franchise, taking in insurer capital, and still keeping control.