Decision and Details
Prior disclosure concerning the absorption merger with 株式会社フォージ
Because GENERATION PASS CO.,LTD. indirectly owns 100% of 株式会社フォージ's shares. Because GENERATION PASS CO.,LTD.'s assets are expected to substantially exceed its liabilities after the merger.
With respect to GENERATION PASS CO.,LTD.'s earnings and cash flow after the absorption merger, no situation that would impede the performance of its obligations is currently expected.
| Item | Details |
|---|---|
| Matter Covered | Prior disclosure concerning the absorption merger with 株式会社フォージ |
| Amount | Merger consideration: none; stated capital and capital reserves: no increase / 株式会社フォージ's total liabilities as of 31 October 2025: ¥80.622 million; total net assets: negative ¥20.376 million |
| Quantity / scale | Indirectly owns 100% of 株式会社フォージ's shares; total shares issued by 株式会社フォージ: 60 |
| Impact on Business Performance | With respect to GENERATION PASS CO.,LTD.'s earnings and cash flow after the absorption merger, no situation that would impede the performance of its obligations is currently expected. |
| Reason | Because GENERATION PASS CO.,LTD. indirectly owns 100% of 株式会社フォージ's shares. Because GENERATION PASS CO.,LTD.'s assets are expected to substantially exceed its liabilities after the merger. |
Items this document does not state (7)
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 GENERATION PASS CO.,LTD. indirectly owns 100% of the shares of 株式会社フォージ, no shares or other assets will be delivered or allotted. It also stated that, after the merger, GENERATION PASS CO.,LTD.'s assets will continue to substantially exceed its liabilities and that no situation that would impede the performance of its obligations is currently expected.