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M&A and Subsidiary Changes3657Pole To Win Holdings,Inc.Information and Communications, Services and Others

Notice Regarding the Absorption-Type Merger Between Consolidated Subsidiaries

ポールトゥウィン株式会社, a wholly owned subsidiary of the Company, will absorb 株式会社ADOOR, also a wholly owned subsidiary, and ADOOR will cease to exist. Following the merger, the businesses and administrative functions will be consolidated under ポールトゥウィン株式会社.

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This transaction

This merger
Counterpartyポールトゥウィン株式会社, 株式会社 ADOOR
Disclosing companyPole To Win Holdings,Inc.
株式会社 ADOORSubject of this transactionVoting rights ownership percentage Before 100% (after not disclosed)
TimelineThe spacing between the points is proportional to the actual number of days.White points represent dates designated as scheduled dates in the document.
Target company

Metaverse operation and support services, and secondary game services

Location Shinjuku-ku, TokyoShare capital ¥80 millionDate of incorporation 1 May 2023
Net Sales¥98 million (fiscal year ended January 2026)
Operating profit¥100 million operating loss (fiscal year ended January 2026)
Net income for the current fiscal year¥117 million net loss (fiscal year ended January 2026)
Net assets¥149 million negative net assets (fiscal year ended January 2026)
Consideration and expenses
Acquisition priceNo shares, cash or other assets will be delivered in connection with the merger.
Type of ConsiderationNo consideration (no shares, cash or other assets will be delivered)
Impact on Business Performance

The impact on the forecast for the fiscal year ending January 2027 is expected to be minor. The impact on consolidated results will be minor.

Procedures and assumptions
Conditions Precedent to ExecutionApproval at the shareholders' meetings of the parties to the merger (scheduled for 25 August 2026)
Management structure after acquisitionCorporate name: ポールトゥウィン株式会社. Address: 1-5-9 Imaike, Chikusa-ku, Nagoya, Aichi. Representative: Representative Director and CEO 志村和昭. Business: debugging, network support and software quality assurance services. Capital: ¥30 million. Employee treatment: Not disclosed.
This transaction
ItemDetails
Transaction nameThis merger
Counterparty nameポールトゥウィン株式会社, 株式会社 ADOOR
Name of the Subject Company株式会社 ADOOR
Business Description of the Subject CompanyMetaverse operation and support services, and secondary game services
Location of the Subject CompanyShinjuku-ku, Tokyo
Capital Stock of the Subject Company¥80 million
Date of Establishment of the Subject Company1 May 2023
Net Sales of the Subject Company¥98 million (fiscal year ended January 2026)
Operating Profit of the Subject Company¥100 million operating loss (fiscal year ended January 2026)
Net Income of the Subject Company¥117 million net loss (fiscal year ended January 2026)
Net Assets of the Subject Company¥149 million negative net assets (fiscal year ended January 2026)
Acquisition priceNo shares, cash or other assets will be delivered in connection with the merger.
Type of ConsiderationNo consideration (no shares, cash or other assets will be delivered)
Voting rights ownership percentageBefore 100% (after not disclosed)
Impact on Business PerformanceThe impact on the forecast for the fiscal year ending January 2027 is expected to be minor. The impact on consolidated results will be minor.
Date of board resolution28 July 2026
Contract Date24 August 2026 (予定)
Execution Date / Effective Date1 November 2026 (予定)
Conditions Precedent to ExecutionApproval at the shareholders' meetings of the parties to the merger (scheduled for 25 August 2026)
Management structure after acquisitionCorporate name: ポールトゥウィン株式会社. Address: 1-5-9 Imaike, Chikusa-ku, Nagoya, Aichi. Representative: Representative Director and CEO 志村和昭. Business: debugging, network support and software quality assurance services. Capital: ¥30 million. Employee treatment: Not disclosed.
Items this document does not state (12)
Expenses other than the acquisition priceMerger ratio/share exchange ratioTender 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.

The merger is intended to improve management efficiency and make effective use of management resources by reintegrating the businesses and centralizing the management structure, thereby concentrating management resources on growth areas.

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Notice Regarding the Absorption-Type Merger Between Consolidated Subsidiaries | Pole To Win Holdings,Inc. (3657) timely disclosure | Komori