Komori
M&A and Subsidiary Changes3167TOKAI Holdings CorporationTrading & Wholesale

Notice Regarding the Absorption-Type Merger of a Sub-Subsidiary by a Consolidated Subsidiary

TOKAIコミュニケーションズ, our wholly owned subsidiary, decided to absorb アムズユニティー, also a wholly owned subsidiary, effective 1 January 2027, and entered into a merger agreement. アムズユニティー will be dissolved, and no shares or other consideration will be delivered.

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This transaction

This absorption merger
Counterparty (target company)株式会社アムズユニティー
Disclosing companyTOKAI Holdings Corporation
Subject of this transactionNumber of shares acquired Not applicable (because this is an absorption-type merger)Voting rights ownership percentage Before 100% (after not disclosed)
TimelineThe spacing between the points is proportional to the actual number of days.
Target company

Contract software development and sales, and system operation and maintenance

Location Okayama City, Okayama PrefectureShare capital ¥10 millionDate of incorporation 1 April 1989
Consideration and expenses
Acquisition priceNo shares or other consideration will be delivered
Type of ConsiderationNo consideration (no shares or other consideration will be delivered)
Merger ratio/share exchange ratioNot applicable (no shares or other consideration will be delivered)
Impact on Business Performance

The Company recognizes that the impact of this transaction on its consolidated results for the fiscal year ending March 2027 will be immaterial.

Procedures and assumptions
Conditions Precedent to ExecutionThis absorption-type merger qualifies as a simplified merger for TOKAI COM and a short-form merger for アムズユニティー, and both companies will omit approval by their respective general meetings of shareholders.
Management structure after acquisitionThere will be no changes to the surviving company's name, capital, head office location, the title or name of its representative, business activities or fiscal year-end. Employee treatment: Not disclosed
This transaction
ItemDetails
Transaction nameThis absorption merger
Counterparty name株式会社アムズユニティー
Name of the Subject Company株式会社アムズユニティー
Business Description of the Subject CompanyContract software development and sales, and system operation and maintenance
Location of the Subject CompanyOkayama City, Okayama Prefecture
Capital Stock of the Subject Company¥10 million
Date of Establishment of the Subject Company1 April 1989
Acquisition priceNo shares or other consideration will be delivered
Type of ConsiderationNo consideration (no shares or other consideration will be delivered)
Merger ratio/share exchange ratioNot applicable (no shares or other consideration will be delivered)
Number of shares acquiredNot applicable (because this is an absorption-type merger)
Voting rights ownership percentageBefore 100% (after not disclosed)
Impact on Business PerformanceThe Company recognizes that the impact of this transaction on its consolidated results for the fiscal year ending March 2027 will be immaterial.
Date of board resolution29 September 2026
Contract Date29 September 2026
Execution Date / Effective Date1 January 2027 (scheduled)
Conditions Precedent to ExecutionThis absorption-type merger qualifies as a simplified merger for TOKAI COM and a short-form merger for アムズユニティー, and both companies will omit approval by their respective general meetings of shareholders.
Management structure after acquisitionThere will be no changes to the surviving company's name, capital, head office location, the title or name of its representative, business activities or fiscal year-end. Employee treatment: Not disclosed
Items this document does not state (14)
Net Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceTender offer priceMinimum number of shares to be purchasedTender offer periodFunding 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.

The merger is intended to strengthen collaboration between the two companies and generate synergies, as well as reduce the administrative burden associated with operating the companies, improve operational efficiency and reduce costs.

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Notice Regarding the Absorption-Type Merger of a Sub-Subsidiary by a Consolidated Subsidiary | TOKAI Holdings Corporation (3167) timely disclosure | Komori