Komori
M&A and Subsidiary Changes3840VIXTON corporationInformation and Communications, Services and Others

Notice Regarding a Change in the Corporate Name and Partial Amendments to the Articles of Incorporation

The corporate name is scheduled to change from 「パス株式会社」 to VIXTON corporation, and its English name will also change. The Articles of Incorporation are also scheduled to be amended to increase the total number of authorized shares from 180 million to 300 million.

Worth reading
13Immaterial
Scored from 4 of 5 sections
Direction
Neutral
Direction inferred from the company’s description.
Scale
300000000
Shares (total number of authorized shares after the change)
Wording
Avoiding a definitive answer
How definitive the wording is.

This transaction

Change of Corporate Name and Partial Amendments to the Articles of Incorporation
TimelineThe spacing between the points is proportional to the actual number of days.
Procedures and assumptions
Conditions Precedent to ExecutionApproval of the partial amendment to the Articles of Incorporation at the annual general meeting of shareholders scheduled for 26 June 2026
Management structure after acquisitionThe corporate name will change to VIXTON corporation, and the English name will change to VIXTON corporation. The treatment of the representative and employees is Not disclosed
This transaction
ItemDetails
Transaction nameChange of Corporate Name and Partial Amendments to the Articles of Incorporation
Date of board resolution1 June 2026
Execution Date / Effective DateChange of corporate name: 1 September 2026 (scheduled); amendment to the Articles of Incorporation regarding the total number of authorized shares: 26 June 2026 (scheduled)
Conditions Precedent to ExecutionApproval of the partial amendment to the Articles of Incorporation at the annual general meeting of shareholders scheduled for 26 June 2026
Management structure after acquisitionThe corporate name will change to VIXTON corporation, and the English name will change to VIXTON corporation. The treatment of the representative and employees is Not disclosed
Items this document does not state (27)
Counterparty nameName of the Subject CompanyBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceContract DateValuation 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 changes are intended to demonstrate a new management policy and resolve as the company moves forward with a fundamental review of management, structural reforms, the selection and concentration of businesses, and the establishment of a new foundation for growth, thereby breaking with its previous management structure and business structure. The change in the total number of authorized shares is intended to improve share liquidity and enable flexible financing in preparation for future business expansion.

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 Change in the Corporate Name and Partial Amendments to the Articles of Incorporation | VIXTON corporation (3840) timely disclosure | Komori