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M&A and Subsidiary Changes3161AZEARTH CorporationTrading & Wholesale

Notice Concerning the Absorption-Type Merger of a Consolidated Subsidiary (Simplified Merger and Summary Merger)

当社は、議決権の全てを保有する連結子会社の丸幸株式会社を吸収合併し、丸幸は解散します。合併後も当社の商号や事業内容などに変更はありません。

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This transaction

This merger
Counterparty (target company)丸幸株式会社
Disclosing companyAZEARTH Corporation
Subject of this transactionVoting rights ownership percentage Before 100% (after not disclosed)
TimelineThe spacing between the points is proportional to the actual number of days.141 days from 決議 / 締結 to 実行.White points represent dates designated as scheduled dates in the document.
Target company

各種ユニフォーム、スポーツ、カジュアル用衣料素材・副資材の企画・販売、ユニフォーム製品の販売

Location Ota, Gunma PrefectureShare capital 24 百万円Date of incorporation 1964 年3月 31 日
Net Sales1,299 百万円(2024 年4月期(単体))
Operating profit75 百万円(2024 年4月期(単体))
Net income for the current fiscal year50 百万円(2024 年4月期(単体))
Net assets547 百万円(2024 年4月期(単体))
Consideration and expenses
Acquisition priceNot applicable (no shares or other monetary consideration will be allocated)
Type of ConsiderationNo consideration (no shares or other monetary consideration will be allotted)
Impact on Business Performance

The impact on the Company's consolidated results will be immaterial.

Procedures and assumptions
Conditions Precedent to Execution株主総会の承認は不要(簡易合併・略式合併)
Management structure after acquisition本合併による当社の商号、所在地、代表者の役職・氏名、事業内容、資本金及び決算期に変更はありません。丸幸は解散いたします。
This transaction
ItemDetails
Transaction nameThis merger
Counterparty name丸幸株式会社
Name of the Subject Company丸幸株式会社
Business Description of the Subject Company各種ユニフォーム、スポーツ、カジュアル用衣料素材・副資材の企画・販売、ユニフォーム製品の販売
Location of the Subject CompanyOta, Gunma Prefecture
Capital Stock of the Subject Company24 百万円
Date of Establishment of the Subject Company1964 年3月 31 日
Net Sales of the Subject Company1,299 百万円(2024 年4月期(単体))
Operating Profit of the Subject Company75 百万円(2024 年4月期(単体))
Net Income of the Subject Company50 百万円(2024 年4月期(単体))
Net Assets of the Subject Company547 百万円(2024 年4月期(単体))
Acquisition priceNot applicable (no shares or other monetary consideration will be allocated)
Type of ConsiderationNo consideration (no shares or other monetary consideration will be allotted)
Voting rights ownership percentageBefore 100% (after not disclosed)
Impact on Business PerformanceThe impact on the Company's consolidated results will be immaterial.
Date of board resolution2024 年 12 月 11 日
Contract Date2024 年 12 月 11 日
Execution Date / Effective Date2025 年5月1日(予定)
Conditions Precedent to Execution株主総会の承認は不要(簡易合併・略式合併)
Management structure after acquisition本合併による当社の商号、所在地、代表者の役職・氏名、事業内容、資本金及び決算期に変更はありません。丸幸は解散いたします。
Items this document does not state (12)
Expenses other than the acquisition priceMerger ratio/share exchange ratioTender 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.

グループ内の経営資源を有効活用し、組織運営を一体化することで、経営効率の向上を図るためです。

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.
Notice Concerning the Absorption-Type Merger of a Consolidated Subsidiary (Simplified Merger and Summary Merger) | AZEARTH Corporation (3161) timely disclosure | Komori