TRYT Announces Merger between Subsidiaries

Contribute to further management efficiency by merging TRYT Career and WELKS

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Osaka-shi, Osaka – May 10, 2022 – TRYT Inc. (an entity that controls TRYT Group), a leading a provider of placement and temporary staffing services in the medical, welfare, and childcare industries, has decided to merge its wholly owned subsidiary TRYT Career Inc. as the surviving company with another wholly owned subsidiary WELKS Co., Ltd. The procedure for this merger will begin after this announcement.

Purpose of the Merger
The purpose of the merger between TRYT Career and WELKS, which TRYT acquired all shares in January of this year, is to create an organizational structure that will bring the further growth to the entire TRYT Group. Since these two companies to be merged this time are engaged in similar businesses in the placement and temporary staffing services for childcare workers, the sharing of management resources through this merger will contribute to the efficient management of the entire TRYT group.

Summary of the Merger
(1) Effective date of merger
　　July 1, 2022 (tentative)

(2) Method of merger
　　Absorption-type merger with TRYT Career as the surviving company

Overview of the companies to merge (as of April 30, 2022)

【TRYT Inc. Company Overview】
Headquarters: Seiwa Umeda Building 13th Floor, 2-12-7 Sonezaki, Kita-ku, Osaka City, Osaka
Tokyo Head Office: Itoshia Office Tower 16th Floor, 2-7-1 Yurakucho, Chiyoda-ku, Tokyo
CEO: Hidetaka Sasai
https://tryt-group.co.jp/