Decision and Details
Pre-Transaction Disclosure Document for the Absorption-Type Company Split
Because the split is between wholly owned parent and subsidiary companies
No situation that would impede the performance of obligations is currently anticipated with respect to the company's earnings or cash flow after the absorption-type company split.
| Item | Details |
|---|---|
| Matter Covered | Pre-Transaction Disclosure Document for the Absorption-Type Company Split |
| Decision Date | 27 July 2026 (date of execution of the absorption-type company split agreement) |
| Implementation Date | 1 October 2026 (scheduled; effective date) |
| Amount | Consideration for the split: none; total assets of 大洋エーアンドエフ株式会社 for its most recent fiscal year (fiscal year ended March 2026): ¥25,666.011 million; total liabilities: ¥24,811.787 million; total net assets: ¥854.223 million |
| Quantity / scale | Rights and obligations relating to the aquaculture and processed food businesses |
| Impact on Business Performance | No situation that would impede the performance of obligations is currently anticipated with respect to the company's earnings or cash flow after the absorption-type company split. |
| Reason | Because the split is between wholly owned parent and subsidiary companies |
| Governing Rule | Article 794, paragraph 1 of the Companies Act; Article 192, items 1, 4, 6 and 7 of the Ordinance for Enforcement of the Companies Act |
| Future plans | The absorption-type company split is scheduled to take effect on 1 October 2026. |
Items this document does not state (3)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Because the split is between wholly owned parent and subsidiary companies, no consideration will be delivered. The company states that, after the split, its assets will continue to substantially exceed its liabilities and that no situation impeding the performance of its obligations is currently anticipated.