Komori
M&A and Subsidiary Changes3825Remixpoint,inc.Retail

Notice Regarding a Company Split (Absorption-Type Company Split)

We have decided to carry out an absorption-type company split under which our electricity retail business and related operations will be transferred to a wholly owned subsidiary established to prepare for the split. The effective date is scheduled for 1 October 2026, and the impact on consolidated results is expected to be immaterial.

Worth reading
43Recurring
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
4673
¥ million (total assets transferred, as of 31 March 2026)
Wording
Avoiding a definitive answer
How definitive the wording is.

This transaction

Name of transaction
Counterparty株式会社リミックスポイントエネルギー事業分割準備会社
Disclosing companyRemixpoint,inc.
Subject of this transactionVoting rights ownership percentage Before 100% (wholly owned subsidiary of the company) → after Wholly owned subsidiary (no figure stated)
TimelineThe spacing between the points is proportional to the actual number of days.
Target company

Electricity retail business and related operations (business division to be split)

Net Sales¥21,092 million (fiscal year ended March 2026; revenue from the business to be split)
Consideration and expenses
Acquisition priceNo consideration will be paid.
Type of ConsiderationNo consideration paid (absorption-type company split involving a wholly owned subsidiary)
Impact on Business Performance

The impact of this absorption-type company split on consolidated results is expected to be immaterial.

Procedures and assumptions
Conditions Precedent to ExecutionApproval at the annual general meeting of shareholders scheduled for 25 June 2026, as well as any permits, licenses or other approvals required from the relevant government authorities.
Management structure after acquisitionThe name of the company receiving the transferred business has not been determined and is scheduled to be changed from the split preparation company by the effective date. The representative director will be Nakagomi Yuji (中込 裕司). The business will comprise the electricity retail business and related operations. Employee treatment: not disclosed.
This transaction
ItemDetails
Transaction nameName of transaction
Counterparty name株式会社リミックスポイントエネルギー事業分割準備会社
Business Description of the Subject CompanyElectricity retail business and related operations (business division to be split)
Net Sales of the Subject Company¥21,092 million (fiscal year ended March 2026; revenue from the business to be split)
Acquisition priceNo consideration will be paid.
Type of ConsiderationNo consideration paid (absorption-type company split involving a wholly owned subsidiary)
Voting rights ownership percentageBefore 100% (wholly owned subsidiary of the company) → after Wholly owned subsidiary (no figure stated)
Impact on Business PerformanceThe impact of this absorption-type company split on consolidated results is expected to be immaterial.
Date of board resolution15 May 2026
Contract Date15 May 2026
Execution Date / Effective Date1 October 2026 (scheduled)
Conditions Precedent to ExecutionApproval at the annual general meeting of shareholders scheduled for 25 June 2026, as well as any permits, licenses or other approvals required from the relevant government authorities.
Management structure after acquisitionThe name of the company receiving the transferred business has not been determined and is scheduled to be changed from the split preparation company by the effective date. The representative director will be Nakagomi Yuji (中込 裕司). The business will comprise the electricity retail business and related operations. Employee treatment: not disclosed.
Items this document does not state (19)
Name of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses 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 objectives are to clarify the responsibility structure for the electricity retail business, accelerate decision-making, and enhance the risk management framework for price fluctuations. The company also aims to strengthen the operating structure and business foundation of its energy business, increase operational agility, and enhance the enterprise value of the group as a whole.

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.
Notice Regarding a Company Split (Absorption-Type Company Split) | Remixpoint,inc. (3825) timely disclosure | Komori