HUMAN MADE Inc. (the “Company”) announces that it has resolved to establish a wholly owned subsidiary in the United States of America, as outlined below.
1. Reason for Establishment
The Company has been pursuing global business expansion as a key component of its growth strategy and considers the United States of America as one of the most important countries with large market size. Therefore, the Company determined to establish a subsidiary in the United States to proceed preparation for business expansion.
2. Overview of the Subsidiary
(1) Company Name : HUMAN MADE USA Inc.
(2) Location : Delaware, United States of America
(3) Representative : Rei Matsunuma, Representative Director, CEO, and COO of the Company
(4) Business Activities : Retail business in the United States
(5) Capital : 4,000,000 USD (approx. 620,000,000 JPY) Rate: 1 USD/155JPY
(6) Date of Establishment : March 16, 2026
(7) Shareholder Composition : 100% owned by the Company
3. Future Outlook
The impact of the matter on consolidated financial results for the fiscal year ending January 2027 has been incorporated into earnings forecasts disclosed on March 16. The company will promptly announce any matters that require disclosure as they arise.
