#Japan #Shibuya #Convano #FASTNAIL #Nail Business

Convano Inc. Announces Strategic Split of Nail Business

Convano Inc., based in Shibuya, Tokyo, recently held a board meeting during which it decided on a fundamental policy to separate its nail business into a new company through a simplified company split. This move is part of a broader initiative to transition to a holding company structure, which was announced on June 9, 2025.

Purpose of the Company Split

The primary objectives behind this strategic division include:

• - Accelerating Decision-Making: By establishing the nail business as an independent entity, Convano aims to speed up its decision-making processes.
• - Focusing Resources for Business Growth: The separation will allow for more concentrated investment in the nail business, facilitating expansion and scaling of operations.
• - Clarifying Business Responsibilities: Clearly defining roles will enhance accountability and ownership within the company, leading to improved performance.

Through this restructuring, Convano seeks to boost the competitiveness of its nail business while increasing the overall corporate value of the group. Transitioning to a holding company will not only enhance the autonomy of each business unit but also optimize the overall strategic direction of the group.

Overview of the Company Split

Key dates and details related to the company split include:

• - Board Decision Date for Basic Policy Approval: February 13, 2026
• - Expected Board Approval Date for Splitting Plan: March 2026
• - Effective Date for the Split: To be determined

The split will see Convano act as the splitting company, with a newly established company assuming responsibility for the nail business.

New Company Details (Tentative)

• - Name: FASTNAIL Inc.
• - Headquarters: Shibuya, Tokyo
• - CEO: To be determined
• - Directors & Auditors: To be determined

More details will be disclosed promptly as they are finalized.

Future Outlook

Following the split, Convano will continue to maintain its publicly listed status as a holding company. The new entity will become a wholly-owned subsidiary, and the impact of this split on Convano’s consolidated financial performance is expected to be minimal. Any additional relevant information will be published as it arises.

About Convano Inc.

Founded on the principle of "creating new value and expanding opportunities," Convano operates the FASTNAIL brand, a chain of nail service outlets across Japan. Leveraging its expertise in digital marketing and AI system development, the company continues to explore opportunities within the beauty and lifestyle sectors. Aiming to solidify its position as a next-generation platform provider originating from Japan, Convano plans to make significant inroads into WEB3 infrastructure.

Business Ventures

Convano's operations include managing the FASTNAIL nail service chain, overseeing franchise management, planning and developing various products, innovating new business systems, and running the media outlet femedia.

Corporate Website

For more information, visit Convano's Corporate Website.