Worth reading
71In focus
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Neutral
Direction inferred from the company’s description.Scale
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Conditional
How definitive the wording is.Decision and Details
An absorption-type company split under which the rights and obligations relating to 甲’s Auto Stage business will be transferred to 乙
Decision15 April 2026 (date of execution of the absorption-type company split agreement)
Period CoveredBased on the balance sheet as of 30 November 2025 and other accounts as of that date, with increases and decreases through the day preceding the effective date added or deducted to determine the final figures
Implementation1 June 2026 (scheduled effective date; subject to change following consultation between 甲 and 乙)
Going forwardThe absorption-type company split is scheduled to become effective on 1 June 2026. If any changes arise after the date on which the advance disclosure documents are made available, the matters as changed will be disclosed immediately
AmountBalance sheet at the incorporation of 株式会社ｉｓｍ: total assets, ¥10 million; cash and deposits, ¥10 million; total net assets, ¥10 million; capital stock, ¥10 million
Reason
As Company B is wholly owned by Company A, payment of consideration for the company split will be omitted.
Impact on Business Performance
Based on the financial positions of Companies A and B, the companies expect that the performance of their obligations will not be impeded.
| Item | Details |
|---|---|
| Matter Covered | An absorption-type company split under which the rights and obligations relating to 甲’s Auto Stage business will be transferred to 乙 |
| Decision Date | 15 April 2026 (date of execution of the absorption-type company split agreement) |
| Implementation Date | 1 June 2026 (scheduled effective date; subject to change following consultation between 甲 and 乙) |
| Period Covered | Based on the balance sheet as of 30 November 2025 and other accounts as of that date, with increases and decreases through the day preceding the effective date added or deducted to determine the final figures |
| Amount | Balance sheet at the incorporation of 株式会社ｉｓｍ: total assets, ¥10 million; cash and deposits, ¥10 million; total net assets, ¥10 million; capital stock, ¥10 million |
| Impact on Business Performance | Based on the financial positions of Companies A and B, the companies expect that the performance of their obligations will not be impeded. |
| Reason | As Company B is wholly owned by Company A, payment of consideration for the company split will be omitted. |
| Governing Rule | Companies Act and Ordinance for Enforcement of the Companies Act |
| Future plans | The absorption-type company split is scheduled to become effective on 1 June 2026. If any changes arise after the date on which the advance disclosure documents are made available, the matters as changed will be disclosed immediately |
Items this document does not state (3)
Decision-Making BodyQuantity / scaleRelated previous disclosures
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.As 株式会社ｉｓｍ is a wholly owned subsidiary of NEXTAGE Co.,Ltd., the payment of consideration for the split will be omitted. In addition, based on the financial condition of the two parties, it is expected that there will be no difficulty in performing their obligations.
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