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M&A and Subsidiary Changes2179SEIGAKUSHA CO.,LTD.Information and Communications, Services and Others

Notice Regarding the Absorption-Type Merger of a Consolidated Subsidiary (Simplified Merger, Abbreviated Merger)

SEIGAKUSHA CO.,LTD. will absorb and merge with its wholly owned subsidiary, 株式会社かいせいチャイルドケア, which will be dissolved. The merger is scheduled to take effect on 1 April 2027, with no allocation of shares or cash consideration.

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This transaction

This merger
Counterparty (target company)株式会社かいせいチャイルドケア
Disclosing companySEIGAKUSHA CO.,LTD.
Subject of this transactionVoting rights ownership percentage Before 100.00% (after not disclosed)
TimelineThe spacing between the points is proportional to the actual number of days.
Target company

Operation of childcare centers and nurseries

Location Kita Ward, Osaka CityShare capital ¥10 millionDate of incorporation 3 April 2014
Net Sales¥139.203 million (fiscal year ended March 2026, non-consolidated)
Operating profit¥11.155 million operating loss (fiscal year ended March 2026, non-consolidated)
Net income for the current fiscal year¥12.321 million net loss (fiscal year ended March 2026, non-consolidated)
Net assets¥61.767 million (fiscal year ended March 2026, non-consolidated)
Consideration and expenses
Acquisition priceNot applicable (no shares, cash or other consideration will be allocated in connection with this merger)
Type of ConsiderationNo cash, shares or other consideration allocated (merger without consideration)
Merger ratio/share exchange ratioNo ratio specified (SEIGAKUSHA CO.,LTD. will be the surviving company and 株式会社かいせいチャイルドケア will be the dissolved company)
Impact on Business Performance

As this merger is with a consolidated subsidiary, its impact on consolidated financial results will be immaterial.

Procedures and assumptions
Conditions Precedent to ExecutionAs this is a simplified merger and an abbreviated merger, no shareholders' meeting will be held to approve the merger agreement. Other conditions are not disclosed.
Management structure after acquisitionThe name, location, representative's title and name, business activities, capital and fiscal year-end of the surviving company will not be affected by this merger. 株式会社かいせいチャイルドケア will be dissolved.
This transaction
ItemDetails
Transaction nameThis merger
Counterparty name株式会社かいせいチャイルドケア
Name of the Subject Company株式会社かいせいチャイルドケア
Business Description of the Subject CompanyOperation of childcare centers and nurseries
Location of the Subject CompanyKita Ward, Osaka City
Capital Stock of the Subject Company¥10 million
Date of Establishment of the Subject Company3 April 2014
Net Sales of the Subject Company¥139.203 million (fiscal year ended March 2026, non-consolidated)
Operating Profit of the Subject Company¥11.155 million operating loss (fiscal year ended March 2026, non-consolidated)
Net Income of the Subject Company¥12.321 million net loss (fiscal year ended March 2026, non-consolidated)
Net Assets of the Subject Company¥61.767 million (fiscal year ended March 2026, non-consolidated)
Acquisition priceNot applicable (no shares, cash or other consideration will be allocated in connection with this merger)
Type of ConsiderationNo cash, shares or other consideration allocated (merger without consideration)
Merger ratio/share exchange ratioNo ratio specified (SEIGAKUSHA CO.,LTD. will be the surviving company and 株式会社かいせいチャイルドケア will be the dissolved company)
Voting rights ownership percentageBefore 100.00% (after not disclosed)
Impact on Business PerformanceAs this merger is with a consolidated subsidiary, its impact on consolidated financial results will be immaterial.
Date of board resolution16 October 2026
Contract Date16 October 2026
Execution Date / Effective Date1 April 2027 (scheduled)
Conditions Precedent to ExecutionAs this is a simplified merger and an abbreviated merger, no shareholders' meeting will be held to approve the merger agreement. Other conditions are not disclosed.
Management structure after acquisitionThe name, location, representative's title and name, business activities, capital and fiscal year-end of the surviving company will not be affected by this merger. 株式会社かいせいチャイルドケア will be dissolved.
Items this document does not state (11)
Expenses other than the acquisition priceTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation 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.

To optimize the management structure of the SEIGAKUSHA Group, improve operational efficiency and accelerate decision-making.

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Notice Regarding the Absorption-Type Merger of a Consolidated Subsidiary (Simplified Merger, Abbreviated Merger) | SEIGAKUSHA CO.,LTD. (2179) timely disclosure | Komori