Komori
M&A and Subsidiary Changes3844COMTURE CORPORATIONInformation and Communications, Services and Others

Notice Regarding the Absorption-Type Merger of a Consolidated Subsidiary (Simplified Merger, Abbreviated Merger)

COMTURE CORPORATION will absorb 株式会社ヒューマンインタラクティブテクノロジー (HIT), a consolidated subsidiary, with COMTURE CORPORATION as the surviving company and HIT as the dissolving company. As the merger is with a wholly owned subsidiary, no consideration, including shares or cash, will be paid.

Worth reading
42Recurring
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
—
Displayed only when the document provides numerical figures.
Wording
Conditional
How definitive the wording is.

This transaction

This merger
Counterparty (target company)株式会社ヒューマンインタラクティブテクノロジー
Disclosing companyCOMTURE CORPORATION
Subject of this transactionNumber of shares acquired Not applicable (COMTURE CORPORATION owns all shares of HIT)Voting rights ownership percentage Before 100.00% (as of 31 March 2025) (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

Infrastructure network construction, and systems and application development

Location Shinjuku-ku, TokyoShare capital ¥10 millionDate of incorporation 27 August 1988
Net Sales¥1,008 million (fiscal year ended March 2025)
Operating profit¥98 million (fiscal year ended March 2025)
Net income for the current fiscal year¥82 million (fiscal year ended March 2025)
Net assets¥575 million (fiscal year ended March 2025)
Consideration and expenses
Acquisition priceNo consideration will be paid
Type of ConsiderationNo consideration (no shares will be issued, no increase in capital, no merger consideration payment, and no other consideration will be provided)
Merger ratio/share exchange ratioNot applicable (the company owns all shares of HIT and no consideration will be paid)
Impact on Business Performance

The impact on the company's consolidated financial results will be immaterial.

Procedures and assumptions
Conditions Precedent to ExecutionAs this is a simplified merger and short-form merger, the merger will be carried out without obtaining approval resolutions at the respective shareholders' meetings.
Management structure after acquisitionThere will be no changes to the company's corporate name, location, titles and names of its representative officers, business activities, capital or fiscal year-end as a result of this merger. HIT will be dissolved. Employee treatment: Not disclosed
This transaction
ItemDetails
Transaction nameThis merger
Counterparty name株式会社ヒューマンインタラクティブテクノロジー
Name of the Subject Company株式会社ヒューマンインタラクティブテクノロジー
Business Description of the Subject CompanyInfrastructure network construction, and systems and application development
Location of the Subject CompanyShinjuku-ku, Tokyo
Capital Stock of the Subject Company¥10 million
Date of Establishment of the Subject Company27 August 1988
Net Sales of the Subject Company¥1,008 million (fiscal year ended March 2025)
Operating Profit of the Subject Company¥98 million (fiscal year ended March 2025)
Net Income of the Subject Company¥82 million (fiscal year ended March 2025)
Net Assets of the Subject Company¥575 million (fiscal year ended March 2025)
Acquisition priceNo consideration will be paid
Type of ConsiderationNo consideration (no shares will be issued, no increase in capital, no merger consideration payment, and no other consideration will be provided)
Merger ratio/share exchange ratioNot applicable (the company owns all shares of HIT and no consideration will be paid)
Number of shares acquiredNot applicable (COMTURE CORPORATION owns all shares of HIT)
Voting rights ownership percentageBefore 100.00% (as of 31 March 2025) (after not disclosed)
Impact on Business PerformanceThe impact on the company's consolidated financial results will be immaterial.
Date of board resolution18 March 2026
Contract Date18 March 2026
Execution Date / Effective Date1 October 2026 (予定)
Conditions Precedent to ExecutionAs this is a simplified merger and short-form merger, the merger will be carried out without obtaining approval resolutions at the respective shareholders' meetings.
Management structure after acquisitionThere will be no changes to the company's corporate name, location, titles and names of its representative officers, business activities, capital or fiscal year-end as a result of this merger. HIT will be dissolved. Employee treatment: Not disclosed
Items this document does not state (10)
Expenses other than the acquisition priceTender offer priceMinimum number of shares to be purchasedTender offer periodFunding 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 further deepen collaboration in businesses, human resources and expertise, and to integrate business strategies and management resources in order to accelerate decision-making and improve operational efficiency. The company aims to enhance its competitiveness and earnings power by strengthening its ability to provide total solutions for Microsoft and jointly advancing the AI field as a growth area across the group.

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 the Absorption-Type Merger of a Consolidated Subsidiary (Simplified Merger, Abbreviated Merger) | COMTURE CORPORATION (3844) timely disclosure | Komori