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22Immaterial
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How definitive the wording is.This transaction
Change in the corporate name of a consolidated subsidiaryDisclosing companyCOMSYS Holdings Corporation
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Telecommunications equipment construction business
Location Kanazawa, Ishikawa PrefectureShare capital ¥450 million
Procedures and assumptions
Conditions Precedent to ExecutionApproval of the partial amendments to the Articles of Incorporation relating to this change of corporate name at an extraordinary general meeting of shareholders of the consolidated subsidiary
Management structure after acquisitionThe new corporate name will be HOKUWANEX Co., Ltd. The reporting segment name is scheduled to change from the Hokuriku Telephone Construction Group to the HOKUWANEX Group from the financial results for the third quarter of the fiscal year ending March 2027.
| Item | Details |
|---|---|
| Transaction name | Change in the corporate name of a consolidated subsidiary |
| Name of the Subject Company | 北陸電話工事株式会社 |
| Business Description of the Subject Company | Telecommunications equipment construction business |
| Location of the Subject Company | Kanazawa, Ishikawa Prefecture |
| Capital Stock of the Subject Company | ¥450 million |
| Date of board resolution | 7 August 2026 |
| Execution Date / Effective Date | 1 October 2026 (scheduled) |
| Conditions Precedent to Execution | Approval of the partial amendments to the Articles of Incorporation relating to this change of corporate name at an extraordinary general meeting of shareholders of the consolidated subsidiary |
| Management structure after acquisition | The new corporate name will be HOKUWANEX Co., Ltd. The reporting segment name is scheduled to change from the Hokuriku Telephone Construction Group to the HOKUWANEX Group from the financial results for the third quarter of the fiscal year ending March 2027. |
Items this document does not state (23)
Counterparty nameDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceContract DateValuation methodologyIndependent valuation institutionSpecial Committee
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.The change is intended to respond to developments in the telecommunications and information infrastructure environment and in ICT and digital technologies, while leveraging the technological capabilities and trust built to date to expand the business scope, diversify the value provided, and enhance corporate value.
How to read this page
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.