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M&A and Subsidiary Changes3480J.S.B.Co.,Ltd.Real estate

Notice Regarding the Absorption-Type Merger of a Wholly Owned Subsidiary (Simplified Merger and Abbreviated Merger)

J.S.B.Co.,Ltd. will absorb its wholly owned subsidiary, 株式会社Mewcket, which will be dissolved as a result. As this is a merger with a wholly owned subsidiary, no new shares will be issued and no cash or other consideration will be allotted.

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This transaction

This merger
Counterparty (target company)株式会社Mewcket
Disclosing companyJ.S.B.Co.,Ltd.
Subject of this transactionVoting rights ownership percentage Before 100% → after Not applicable (the target company will be dissolved through the absorption-type merger)
TimelineThe spacing between the points is proportional to the actual number of days.
Target company

AI talent platform business and hackathon operations

Location 1-6-1 Nishi-Shinjuku, Shinjuku-ku, TokyoShare capital ¥122 millionDate of incorporation 9 August 2016
Net Sales¥1 million (fiscal year ended October 2025, non-consolidated)
Operating profit-¥5 million (fiscal year ended October 2025, non-consolidated)
Net income for the current fiscal year-¥3 million (fiscal year ended October 2025, non-consolidated)
Net assets¥68 million (fiscal year ended October 2025, non-consolidated)
Consideration and expenses
Acquisition priceNot applicable (no new shares will be issued and no cash or other consideration will be allotted in connection with this merger)
Type of ConsiderationNo consideration (no new shares will be issued and no cash or other consideration will be allotted in connection with this merger)
Merger ratio/share exchange ratioNot applicable (no allocation)
Impact on Business Performance

The impact of this merger on the Company's consolidated results for the current fiscal year will be minor.

Procedures and assumptions
Conditions Precedent to ExecutionFor the Company, this merger is a simplified merger under Article 796, Paragraph 2 of the Companies Act, and for 株式会社Mewcket, it is a short-form merger under Article 784, Paragraph 1 of the Companies Act. Accordingly, neither company will hold a general meeting of shareholders to approve the absorption-type merger agreement.
Management structure after acquisitionThere will be no changes to the Company's name, location, representative, business activities, capital or fiscal year-end as a result of this merger.
This transaction
ItemDetails
Transaction nameThis merger
Counterparty name株式会社Mewcket
Name of the Subject Company株式会社Mewcket
Business Description of the Subject CompanyAI talent platform business and hackathon operations
Location of the Subject Company1-6-1 Nishi-Shinjuku, Shinjuku-ku, Tokyo
Capital Stock of the Subject Company¥122 million
Date of Establishment of the Subject Company9 August 2016
Net Sales of the Subject Company¥1 million (fiscal year ended October 2025, non-consolidated)
Operating Profit of the Subject Company-¥5 million (fiscal year ended October 2025, non-consolidated)
Net Income of the Subject Company-¥3 million (fiscal year ended October 2025, non-consolidated)
Net Assets of the Subject Company¥68 million (fiscal year ended October 2025, non-consolidated)
Acquisition priceNot applicable (no new shares will be issued and no cash or other consideration will be allotted in connection with this merger)
Type of ConsiderationNo consideration (no new shares will be issued and no cash or other consideration will be allotted in connection with this merger)
Merger ratio/share exchange ratioNot applicable (no allocation)
Voting rights ownership percentageBefore 100% → after Not applicable (the target company will be dissolved through the absorption-type merger)
Impact on Business PerformanceThe impact of this merger on the Company's consolidated results for the current fiscal year will be minor.
Date of board resolution14 May 2026
Contract Date14 May 2026
Execution Date / Effective Date1 August 2026 (scheduled)
Conditions Precedent to ExecutionFor the Company, this merger is a simplified merger under Article 796, Paragraph 2 of the Companies Act, and for 株式会社Mewcket, it is a short-form merger under Article 784, Paragraph 1 of the Companies Act. Accordingly, neither company will hold a general meeting of shareholders to approve the absorption-type merger agreement.
Management structure after acquisitionThere will be no changes to the Company's name, location, representative, business activities, capital or fiscal year-end as a result of this merger.
Items this document does not state (11)
Expenses other than the acquisition priceTender 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.

To improve management efficiency, optimize management resources, and enhance corporate value across the Group.

How to read this page

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Notice Regarding the Absorption-Type Merger of a Wholly Owned Subsidiary (Simplified Merger and Abbreviated Merger) | J.S.B.Co.,Ltd. (3480) timely disclosure | Komori