Worth reading
30Immaterial
Scored from 4 of 5 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
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Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.This transaction
Changes to the Corporate Names of the Company and Its Subsidiary and Partial Amendments to the Company's Articles of IncorporationTimelineThe spacing between the points is proportional to the actual number of days.
Impact on Business Performance
The impact of this matter on the Group's consolidated results is expected to be immaterial. If it becomes clear that a material impact on the earnings forecast will arise, the Company will disclose the matter promptly.
Procedures and assumptions
Conditions Precedent to ExecutionThe change to the Company's corporate name is subject to approval of the partial amendments to the Articles of Incorporation at the 116th Annual General Meeting of Shareholders scheduled for 26 June 2026, among other conditions. The change to the subsidiary's corporate name is subject to a resolution at a shareholders' meeting and approval from the relevant authorities, among other conditions.
Management structure after acquisitionThe Company plans to change its corporate name to MUSUBITE株式会社 and the corporate name of its consolidated subsidiary, Daiwabo Information System Co., Ltd., to DIS株式会社. This matter will not result in any changes to the head office location, listing market, securities code, number of shares constituting one trading unit or business activities. Treatment of the representative and employees: Not disclosed
| Item | Details |
|---|---|
| Transaction name | Changes to the Corporate Names of the Company and Its Subsidiary and Partial Amendments to the Company's Articles of Incorporation |
| Impact on Business Performance | The impact of this matter on the Group's consolidated results is expected to be immaterial. If it becomes clear that a material impact on the earnings forecast will arise, the Company will disclose the matter promptly. |
| Date of board resolution | 13 May 2026 |
| Execution Date / Effective Date | 1 April 2027 (scheduled) |
| Conditions Precedent to Execution | The change to the Company's corporate name is subject to approval of the partial amendments to the Articles of Incorporation at the 116th Annual General Meeting of Shareholders scheduled for 26 June 2026, among other conditions. The change to the subsidiary's corporate name is subject to a resolution at a shareholders' meeting and approval from the relevant authorities, among other conditions. |
| Management structure after acquisition | The Company plans to change its corporate name to MUSUBITE株式会社 and the corporate name of its consolidated subsidiary, Daiwabo Information System Co., Ltd., to DIS株式会社. This matter will not result in any changes to the head office location, listing market, securities code, number of shares constituting one trading unit or business activities. Treatment of the representative and employees: Not disclosed |
Items this document does not state (26)
Counterparty nameName of the Subject CompanyBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate 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)Contract 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 changes are intended to clarify the purpose and vision of the Group and rebuild its corporate brand, prompted by the optimization of its business portfolio and the separation of the textile business as an independent business. The amendments to the Articles of Incorporation are intended to clarify the business purposes in line with the current businesses of the Company and its subsidiaries.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.