Decision and Details
The important rights and obligations transferred by the successor company in the absorption-type company split from the company effecting the split, and important matters relating to the absorption-type company split
Post-event disclosure pursuant to Article 791, paragraph 1, item 1 and Article 801, paragraph 3, item 2 of the Companies Act and Article 189 of the Ordinance for Enforcement of the Companies Act; the procedures under Article 789 of the Companies Act were not carried out because the liabilities were assumed through cumulative assumption of debt
No impact on financial results is stated. There was no change in the stated capital or reserves of the successor company in the absorption-type company split.
| Item | Details |
|---|---|
| Matter Covered | The important rights and obligations transferred by the successor company in the absorption-type company split from the company effecting the split, and important matters relating to the absorption-type company split |
| Implementation Date | 1 September 2026 (effective date, actual) / 1 September 2026 (registration of changes, scheduled) |
| Quantity / scale | No consideration of any kind, including shares, was delivered; SHIFT Inc. was the sole shareholder of the company effecting the absorption-type company split; no stock acquisition rights were issued |
| Impact on Business Performance | No impact on financial results is stated. There was no change in the stated capital or reserves of the successor company in the absorption-type company split. |
| Reason | Post-event disclosure pursuant to Article 791, paragraph 1, item 1 and Article 801, paragraph 3, item 2 of the Companies Act and Article 189 of the Ordinance for Enforcement of the Companies Act; the procedures under Article 789 of the Companies Act were not carried out because the liabilities were assumed through cumulative assumption of debt |
| Governing Rule | Article 791, paragraph 1, item 1; Article 801, paragraph 3, item 2; Article 784-2; Article 785; Article 787; Article 789; Article 796, paragraph 2, main clause; Article 796-2; Article 797; Article 799; Article 802, paragraph 2; and Article 923 of the Companies Act, and Article 189 of the Ordinance for Enforcement of the Companies Act |
| Related previous disclosures | Official Gazette and electronic public notice dated 28 July 2026 (no title stated) |
| Future plans | Registration of changes under Article 923 of the Companies Act is scheduled for 1 September 2026 |
Items this document does not state (4)
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.This is a post-event disclosure of the absorption-type company split pursuant to the Companies Act and the Ordinance for Enforcement of the Companies Act. No other reason is stated.