LIFULL partnered up with local governments to create new opportunities in rural areas, where there are a lot of vacant houses, and created the Regional Revitalization Business. Also, they launched a platform for vacant houses managed by local governments, with the ideas for repurposing such as vacation rentals and personnel training.
Since its founding in 2014, LIFULL FaM has been providing career support services to working parents looking to balance their careers with raising children. LIFULL plans to integrate LIFULL FaM into its Regional Revitalization Business, in order to concentrate management resources and increase efficiency, as well as accelerate its initiatives in rural areas of Japan.
LIFULL Marketing Partners Co., Ltd. will pay dividends of surplus (dividends in-kind) using other retained earnings as a source of funds. No shares or other money will be allocated during the merger.
The merger will not change the name, location, title/name of the representative, business content, capital stock, and fiscal year-end of the Company.