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Neutral
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Definitive
How definitive the wording is.Decision and Details
Post-merger disclosure relating to the merger by absorption (simplified merger)
Decision31 October 2025 (date the merger agreement was executed)
Implementation1 July 2026 (effective date; completed)
Going forwardAn application for registration of the change resulting from the merger by absorption was filed on 1 July 2026. Other future plans are Not disclosed
AmountShares or other monetary consideration: none; changes in stated capital and capital reserves: none; TIS Inc.'s assets: ¥420,425 million; TIS Inc.'s liabilities: ¥160,370 million; TIS Inc.'s net assets: ¥260,055 million; INTEC Inc.'s assets: ¥149,600 million; INTEC Inc.'s liabilities: ¥50,506 million; INTEC Inc.'s net assets: ¥99,093 million
Quantity / scaleShareholders who gave notice of dissent: 1, representing 6 voting rights; succession to all of INTEC Inc.'s assets, liabilities and other rights and obligations
Reason
INTEC Inc. was a wholly owned subsidiary of TIS Inc., and no shares or other monetary consideration will be delivered. As the requirements for a simplified, short-form merger are met, no resolution approving the merger was obtained at a shareholders' meeting.
Impact on Business Performance
TIS Inc. has determined that it is likely to perform its obligations in respect of its liabilities following the merger by absorption. The impact on earnings forecasts is Not disclosed.
| Item | Details |
|---|---|
| Matter Covered | Post-merger disclosure relating to the merger by absorption (simplified merger) |
| Decision Date | 31 October 2025 (date the merger agreement was executed) |
| Implementation Date | 1 July 2026 (effective date; completed) |
| Amount | Shares or other monetary consideration: none; changes in stated capital and capital reserves: none; TIS Inc.'s assets: ¥420,425 million; TIS Inc.'s liabilities: ¥160,370 million; TIS Inc.'s net assets: ¥260,055 million; INTEC Inc.'s assets: ¥149,600 million; INTEC Inc.'s liabilities: ¥50,506 million; INTEC Inc.'s net assets: ¥99,093 million |
| Quantity / scale | Shareholders who gave notice of dissent: 1, representing 6 voting rights; succession to all of INTEC Inc.'s assets, liabilities and other rights and obligations |
| Impact on Business Performance | TIS Inc. has determined that it is likely to perform its obligations in respect of its liabilities following the merger by absorption. The impact on earnings forecasts is Not disclosed. |
| Reason | INTEC Inc. was a wholly owned subsidiary of TIS Inc., and no shares or other monetary consideration will be delivered. As the requirements for a simplified, short-form merger are met, no resolution approving the merger was obtained at a shareholders' meeting. |
| Governing Rule | Article 801, Paragraph 1 of the Companies Act; Article 200 of the Ordinance for Enforcement of the Companies Act; Article 789, Paragraphs 1, 2 and 3 of the Companies Act; Article 796, Paragraphs 2 and 3 of the Companies Act; Article 797, Paragraph 1 of the Companies Act; Article 799, Paragraphs 1, 2 and 3 of the Companies Act; Article 784, Paragraph 1 of the Companies Act |
| Related previous disclosures | “Prior Disclosure Document Relating to a Merger by Absorption (Short-Form Merger)” dated 1 December 2025 |
| Future plans | An application for registration of the change resulting from the merger by absorption was filed on 1 July 2026. Other future plans are Not disclosed |
Items this document does not state (2)
Decision-Making BodyPeriod Covered
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 INTEC Inc. was a wholly owned subsidiary of TIS Inc., the merger was carried out as a simplified, short-form merger without delivering shares or other monetary consideration.
How to read this page
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Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.