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Latest Tokyo Brief coverage on Speee, Inc., tracking filings, financial news, and market signals from Japan.
TSE:4499
Speee will move its Reform DX business into new subsidiary ReFact on August 1, then sell SOMPO Holdings 39.3 per cent in September, turning a repair-referral partnership into an insurer-backed venture it still controls.
The move: Speee will transfer its renovation and repair DX business into ReFact on August 1 and take a planned ¥1.812bn SOMPO investment in September, leaving the unit 60.7%-owned and consolidated. What is still missing: ReFact's forecast remains undecided.