Decision and Details
Absorption-type company split of the DYNA PMS business relating to the hotel management system (PMS)
Because the loss incurred by the business, its future outlook, the additional investment and operating expenses required for its continuation, and the assuming company’s obligations to provide services to customers were comprehensively considered. Because it does not plan to be involved in operating the business after the split.
The business is currently operating at a loss. It was determined that there would be no issue with the ability of the company or the assuming company to perform their obligations after the effective date. Other impacts on financial performance: Not disclosed
| Item | Details |
|---|---|
| Matter Covered | Absorption-type company split of the DYNA PMS business relating to the hotel management system (PMS) |
| Decision Date | 30 October 2026 (date of execution of the absorption-type company split agreement) |
| Implementation Date | 1 January 2027 (scheduled effective date; subject to change by agreement) |
| Period Covered | On or after 1 January 2027. The licence to use the DYNA PMS trademark runs through 31 December 2030. |
| Amount | Consideration for the split: ¥1; total book value of transferred assets: ¥29,909,656; total book value of transferred liabilities: ¥9,293,555 |
| Quantity / scale | 35 employees transferred, 15 items including licences, and 7 categories of transferred liabilities including advance receipts |
| Impact on Business Performance | The business is currently operating at a loss. It was determined that there would be no issue with the ability of the company or the assuming company to perform their obligations after the effective date. Other impacts on financial performance: Not disclosed |
| Reason | Because the loss incurred by the business, its future outlook, the additional investment and operating expenses required for its continuation, and the assuming company’s obligations to provide services to customers were comprehensively considered. Because it does not plan to be involved in operating the business after the split. |
| Governing Rule | Companies Act, Article 782, paragraph 1; Ordinance for Enforcement of the Companies Act, Article 183; Companies Act, Article 784, paragraph 2; Companies Act, Article 783, paragraph 1; Companies Act, Article 319, paragraph 1; Companies Act, Article 21, paragraph 1 |
| Future plans | The necessary internal approvals, statutory procedures, creditor protection procedures, registrations, notifications, and approvals and licences from the relevant authorities will be obtained or completed by the effective date. The business is scheduled to be transferred on 1 January 2027. |
Items this document does not state (2)
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 it determined that ¥1 was appropriate after comprehensively considering the fact that the business is currently operating at a loss, its future outlook, the additional investment and operating expenses required to continue the business, and the assuming company’s obligation to provide services to customers. In addition, the consideration was paid in cash rather than shares because it does not plan to be involved in operating the business after the split.