September 27, 2021
Company name:

UT Group Co., Ltd.

Representative:

Yoichi Wakayama, President,
Representative Director & CEO(Securities code:2146, TSE First Section)

For inquiries:

Takahito Yamada, Senior Executive
Officer and Division Manager,
General Affairs DivisionTEL:+81-3-5447-1711

Notice Regarding Reorganization of the Group Companies
and Corporate Name Change of a Consolidated Subsidiary
The Board of Directors of UT Group Co., Ltd. resolved at a meeting held today to reorganize the groupcompanies and to change the company name of its consolidated subsidiary. Since this reorganization is ofamong UT Group companies and its details are not required to be disclosed in a timely manner under theSecurities Listing Regulations of the Tokyo Stock Exchange, Inc., disclosure matters and details have been
partially omitted in this notice.
1. Purpose of reorganization of the group companies and corporate name change of a consolidated
subsidiary
In order to expand its business scale under the fourth Medium-Term Management Plan (from fiscal 2021
ended March 2021 to fiscal 2025 ending March 2025), we have been promoting three growth strategies —the "One-stop strategy for major manufacturers," "Area platform strategy," and "Solution strategy" — andhave been working to improve productivity toward achieving the target of 20-30 billion yen in EBITDA in theplan’s final fiscal year.
As part of these efforts, the reorganization aims to improve profitability and strengthen the business base by
establishing a structure that enables each company to make agile and efficient decisions in the "One-stop
strategy for major manufacturers," "Area platform strategy," and by consolidating the UT Group'smanagement resources. UT Community, one of the surviving companies, will accordingly change its
corporate name.
This reorganization will integrate subsidiaries with common business characteristics to improve service
quality and provide stable personnel to client companies. By integrating the sales organization and clientbase of subsidiaries, we will offer more diverse workplaces and opportunities to advance the careers of theincreasingly diversifying job seekers and employees, according to their workstyle preferences (areas,industries, work hours, etc.)
Along with this reorganization, the UT Group will continue to improve corporate value by providing highsatisfaction services to both client companies and job seekers with the aim of “creating a ‘diversity &inclusion’ workstyle platform.”

2. Outline of reorganization(1) UT Aim’s Area Strategy Business, which is implementing the Area platform strategy, will betransferred to UT Community through an absorption-type split.
(2) To promote the Area platform strategy, UT Community, as a surviving company, will carry out
absorption-type merger of UTHP, Support System, Seekel Holdings, and Seekel. In addition, UTCommunity will change its name to UT Connect.
(3) To promote the One-stop strategy for major manufacturing industries, UT Aim, as the surviving
company, will carry out ab absorption-type merger with UT Pabec.
Outline of the Reorganization

3. Summary of the absorption-type split(1)

Schedule

Date of resolution by the Board of Directors (UT Group)

September 27, 2021

Planned implementation date (effective date)

April 1, 2022

(2)

MethodUT Aim will be the splitting company, and its Area Strategy Business will be transferred to UTCommunity, the succeeding company.

(3) Outline of the companies involved
Splitting Company

Succeeding Company

Name

UT Aim Co., Ltd.

UT Community Co., Ltd.

Address

1-11-15 Higashi Gotanda,
Shinagawa-ku, Tokyo

1-11-15 Higashi Gotanda,
Shinagawa-ku, Tokyo
Toshinori Migita
President and Representative
Director

CapitalNobuyuki Tsukui
President and Representative
Director
Tsutoshi Yamada
Representative Director
General manufacturing personnel
dispatch and outsourcing business
500 million yen

General manufacturing personnel
dispatch and outsourcing business10 million yen

Established

April 14, 1995

January 28, 1998

Fiscal year

March 31

March 31

Major
shareholderand ownership
percentage

UT Group Co., Ltd. (100%)UT Group Co., Ltd. (100%)

Name and title of
the representativeBusiness

4. Summary of the merger with UT Community as the surviving company(1) Schedule
Date of resolution by the Board of Directors (UT Group)

September 27, 2021

Planned Implementation Date (effective Date)

April 1, 2022

(2) Method of merger
This is an absorption-type merger in which UT Community will be the surviving company and UTHP,
Support System, and Seekel Holding, and Seekel will be the absorbed companies.

(3) Outline of the companies involved in the merger
UT Community

UTHP Co., Ltd.

NameCo., Ltd.

(Absorbed company)

Address

2-1-23 Sonezakiishinchi,
1-11-15 Higashi
1-11-15 Higashi
Gotanda, Shinagawa-ku, Gotanda, Shinagawa-ku, Kita-ku, Osaka City,
Osaka Prefecture
TokyoTokyo

Support System Co., Ltd.
(Absorbed company)(Surviving company)

Toshinori Migita
Name andtitle of thePresident andrepresentative Representative Director
General

Okihiko Oguchi
President andRepresentative Director
GeneralNaoki Ito
President andRepresentative Director
Labor dispatch,

manufacturing

manufacturingpersonnel placement,

personnel dispatch andpersonnel dispatch andoutsourcing, andoutsourcing businessoutsourcing businessconsulting business10 million yen

30 million yen

80 million yen

Established

January 28, 1998

December 13, 2016

October 14, 1998

Fiscal year

March 31

March 31

March 31

UT Group Co., Ltd.
(100%)UT Group Co., Ltd.
(100%)UT Group Co., Ltd.
(100%)

Seekel Holdings Co.,

Seekel Co., Ltd.

NameLtd.

(Absorbed company)

Address

733-1 Senba-cho, Mito
City, Ibaraki Prefecture733-1 Senba-cho, Mito
City, Ibaraki Prefecture

Akira Watanabe
Name andPresident andtitle of therepresentative Representative Director
ManagementBusinessadministration of SeekelCo.
435 million yen
CapitalAkira Watanabe
President andRepresentative Director

Business

CapitalMajor
shareholder
and ownership
percentage(Absorbed company)

Personnel dispatch andoutsourcing business50 million yen

Established

January 8, 2019

October 1, 1991

Fiscal year

March 31

March 31

UT Group Co., Ltd.
(100%)

Seekel Holdings (100%)

Major
shareholder
and ownership
percentage

5. Corporate name change of a consolidated subsidiary (UT Community as the surviving company)(1)
Outline of the consolidated subsidiaryName

UT Community Co., Ltd.

Address

1-11-15 Higashi Gotanda, Shinagawa-ku, TokyoBusinessToshinori Migita
President and Representative Director
General manufacturing personnel dispatch and outsourcing business

Capital10 million yen

Name and title of therepresentative

Established

January 28, 1998

Fiscal year

March 31

Major shareholder andownership percentage

UT Group Co., Ltd. (100%)(2) Reason for the change
UT Community has decided to change its name to show its stance of deepening ties with the areas asa major business company which promotes the UT Group’s Area platform strategy throughout Japan.
(3) New corporate nameUT Connect Co., Ltd.
(4) Date of the corporate name change
April 1, 2022
6. Summary of the merger with UT Aim as the surviving company(1) Schedule
Date of resolution by the Board of Directors (UT Group)

September 27, 2021

Planned Implementation Date (effective Date)

April 1, 2022

(2) Method
This is an absorption-type merger in which UT Aim will be the surviving company and UT Pabec
the absorbed company.

(3)Outline of the companies involved in the merger
Name
Address

Name and titleof therepresentativeBusiness

UT Aim Co., Ltd.

UT Pabec Co., Ltd.

(Surviving company)(Absorbed company)

1-11-15 Higashi Gotanda,
Shinagawa-ku, Tokyo

1-11-15 Higashi Gotanda,
Shinagawa-ku, Tokyo

Nobuyuki Tsukui
President and Representative
Director
Tsutoshi Yamada
Representative Director
Personnel dispatch and outsourcing

Akira Ishiwatari
President and Representative
Director

1． Processing, assembly,

business mainly in manufacturing,packaging, manufacturing andand business to accept and support
foreign workers

outsourcing business of battery
products

Capital

500 million yen

2． Personnel dispatch business
20 million yen

Established

April 14, 1995April 1, 1989

Fiscal year

March 31

March 31

UT Group Co., Ltd. (100%)UT Group Co., Ltd. (100%)

Major
shareholder
and ownership
percentage
7. Future prospects

The impact of the mergers on UT Group’s consolidated financial results will be immaterial as the mergers will
be carried out by UT Group’s fully-owned subsidiaries.

End