Worth reading
60In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
1093500
Number of shares issuedWording
Definitive
How definitive the wording is.Decision and Details
Post-event disclosure matters relating to the share exchange
Decision16 April 2026 (date of execution of the share exchange agreement)
Implementation15 May 2026 (effective date; completed)
AmountIncrease in stated capital: ¥0; increase in capital surplus: ¥6,000,000; increase in earned surplus reserve: ¥0
Quantity / scaleWholly owned subsidiary shares transferred: 484; common shares of the wholly owning parent company allotted per common share of the wholly owned subsidiary: 2,259.433; common shares of the wholly owning parent company allotted: 1,093,500
Reason
The share exchange was carried out without obtaining shareholder approval under the procedures for a simplified share exchange pursuant to Article 796, paragraph 2 of the Companies Act and a short-form share exchange pursuant to Article 784, paragraph 1 of the Companies Act.
| Item | Details |
|---|---|
| Matter Covered | Post-event disclosure matters relating to the share exchange |
| Decision Date | 16 April 2026 (date of execution of the share exchange agreement) |
| Implementation Date | 15 May 2026 (effective date; completed) |
| Amount | Increase in stated capital: ¥0; increase in capital surplus: ¥6,000,000; increase in earned surplus reserve: ¥0 |
| Quantity / scale | Wholly owned subsidiary shares transferred: 484; common shares of the wholly owning parent company allotted per common share of the wholly owned subsidiary: 2,259.433; common shares of the wholly owning parent company allotted: 1,093,500 |
| Reason | The share exchange was carried out without obtaining shareholder approval under the procedures for a simplified share exchange pursuant to Article 796, paragraph 2 of the Companies Act and a short-form share exchange pursuant to Article 784, paragraph 1 of the Companies Act. |
| Governing Rule | Article 791, paragraph 1; Article 801, paragraph 3; Articles 784, paragraph 1, 785, 787, and 789; Article 796, paragraphs 2 and 3; Articles 796-2, 797, and 799 of the Companies Act; and Article 190 of the Ordinance for Enforcement of the Companies Act |
Items this document does not state (5)
Decision-Making BodyPeriod CoveredImpact on Business PerformanceRelated previous disclosuresFuture plans
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-closing disclosure of the share exchange under the Companies Act and the Ordinance for Enforcement of the Companies Act, and no specific business reason is stated.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
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.