This transaction
Name of transactionThe voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.The percentage before the change is not stated in this document.
Food business, industrial materials business and mat business
Immaterial
| Item | Details |
|---|---|
| Transaction name | Name of transaction |
| Name of the Subject Company | 日本製麻分割準備株式会社 |
| Business Description of the Subject Company | Food business, industrial materials business and mat business |
| Location of the Subject Company | Tonami, Toyama Prefecture |
| Capital Stock of the Subject Company | ¥1 million |
| Date of Establishment of the Subject Company | 1 May 2026 (予定) |
| Voting rights ownership percentage | After 100% (before not disclosed) |
| Impact on Business Performance | Immaterial |
| Date of board resolution | 15 April 2026 |
| Contract Date | 14 May 2026 (scheduled) |
| Execution Date / Effective Date | 1 October 2026 (予定) |
| Conditions Precedent to Execution | Approval of the relevant proposal at the Company's annual general meeting of shareholders scheduled for late June 2026 |
| Management structure after acquisition | THE NIHON SEIMA CO.,LTD. will become the holding company, and the preparation company is scheduled to succeed to the food business, industrial materials business, and mat business. Representative Director Uesugi Yasuhisa (植杉 泰久) is scheduled to concurrently serve in both positions. Treatment of employees: not disclosed |
Items this document does not state (19)
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.To facilitate the procedures for transitioning to a holding company structure, and to achieve sustainable growth and enhance corporate value.