Which company will become the new shareholder holding all shares of Study Hacker Inc. according to the announcement?

PROGRIT Inc., headquartered in Minato-ku, Tokyo, will become the new shareholder holding all shares of Study Hacker Inc. following the share transfer.

Who is the current shareholder of Study Hacker Inc. transferring its shares to PROGRIT Inc.?

Benesse Corporation, headquartered in Okayama City, Okayama Prefecture and led by President Daisuke Iwase, is transferring its shares in Study Hacker Inc. to PROGRIT Inc.

When is the share transfer between Benesse Corporation and PROGRIT Inc. scheduled to be executed?

The share transfer between Benesse Corporation and PROGRIT Inc. is scheduled to be executed on April 28, 2026, as stated in the official announcement.

What is the planned new trade name for Study Hacker Inc. after the share transfer is completed?

After the share transfer, Study Hacker Inc. plans to change its trade name to English Company Inc., aligning with its renewed strategic direction under PROGRIT Inc.

What services will Study Hacker Inc. continue to develop and provide as a subsidiary of PROGRIT Inc.?

As a subsidiary of PROGRIT Inc., Study Hacker Inc. will continue developing and providing improved English learning services to help more people enhance their English skills.

AI News NQ Analysis

Acquisition of Shares by PROGRIT Inc.

NQ Score 92/100

AI Summary (NQ-processed)

PROGRIT Inc. announced the acquisition of all shares of Study Hacker Inc. from its current shareholder, Benesse Corporation. The share transfer is scheduled for April 28, 2026, making Study Hacker a subsidiary of PROGRIT. Concurrently, Study Hacker plans to change its trade name to English Company Inc., continuing its commitment to developing and providing services for English proficiency improvement.

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Frequently Asked Questions

Q: Which company will become the new shareholder holding all shares of Study Hacker Inc. according to the announcement?: A: PROGRIT Inc., headquartered in Minato-ku, Tokyo, will become the new shareholder holding all shares of Study Hacker Inc. following the share transfer.
Q: Who is the current shareholder of Study Hacker Inc. transferring its shares to PROGRIT Inc.?: A: Benesse Corporation, headquartered in Okayama City, Okayama Prefecture and led by President Daisuke Iwase, is transferring its shares in Study Hacker Inc. to PROGRIT Inc.
Q: When is the share transfer between Benesse Corporation and PROGRIT Inc. scheduled to be executed?: A: The share transfer between Benesse Corporation and PROGRIT Inc. is scheduled to be executed on April 28, 2026, as stated in the official announcement.
Q: What is the planned new trade name for Study Hacker Inc. after the share transfer is completed?: A: After the share transfer, Study Hacker Inc. plans to change its trade name to English Company Inc., aligning with its renewed strategic direction under PROGRIT Inc.
Q: What services will Study Hacker Inc. continue to develop and provide as a subsidiary of PROGRIT Inc.?: A: As a subsidiary of PROGRIT Inc., Study Hacker Inc. will continue developing and providing improved English learning services to help more people enhance their English skills.