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japancv.co.jp

SoftBank Corp. will absorb its wholly-owned subsidiary Japan Computer Vision Corp. (JCV) effective May 1, 2026. The merger aims to streamline management and enhance corporate value.

Platform
Web app
Categories
AI Image Recognition
Indexed
2024-03-11

About japancv.co.jp

What is the merger

SoftBank Corp. announced on November 26, 2025, that its board of directors resolved to absorb Japan Computer Vision Corp. (JCV), a wholly-owned subsidiary, through a simplified absorption merger. The effective date is scheduled for May 1, 2026. JCV, established in 2019, develops and sells facial recognition solutions using image recognition technology. The merger is intended to unify management and improve efficiency, contributing to the SoftBank Group's overall corporate value.

Key features

The merger will be conducted as an absorption merger with SoftBank as the surviving company, and JCV will be dissolved. Since JCV is currently in a state of excess liabilities, it will first conduct a third-party allotment of shares to SoftBank to eliminate this condition. No shares or other consideration will be allocated in the merger because JCV is a wholly-owned subsidiary. The merger is a simplified absorption merger for SoftBank and a short-form merger for JCV, so no shareholder approvals are required.

Use cases

The merger supports SoftBank's DX (digital transformation) initiatives for businesses and local governments, particularly in the area of biometric authentication solutions for smart buildings and security areas. By integrating JCV's facial recognition technology, SoftBank aims to strengthen its offerings in these domains. The merger will not change SoftBank's name, location, representative, business content, capital, or fiscal year end.

Pricing

No pricing information is provided in the announcement. The merger involves no allocation of shares or other consideration, as JCV is a wholly-owned subsidiary.

Questions

japancv.co.jp FAQ

What is japancv.co.jp?
japancv.co.jp is an AI tool available as a web app in the AI Image Recognition category. SoftBank Corp. will absorb its wholly-owned subsidiary Japan Computer Vision Corp. (JCV) effective May 1, 2026. The merger aims to streamline management and enhance corporate value.
What is japancv.co.jp used for?
japancv.co.jp is filed under AI Image Recognition in the AITOOLIST index. SoftBank Corp. will absorb its wholly-owned subsidiary Japan Computer Vision Corp. (JCV) effective May 1, 2026. The merger aims to streamline management and enhance corporate value.
Is japancv.co.jp a web app, an extension or a native app?
japancv.co.jp is a web app.

Listed in the AITOOLIST index since 2024-03-11.