Decision and Details
Prior disclosure relating to the absorption-type merger
As COMTURE CORPORATION is HIT's wholly owning parent company, no shares or other assets will be delivered or allotted. This is a prior disclosure under Article 782, Paragraph 1 and Article 794, Paragraph 1 of the Companies Act.
Following the absorption-type merger, COMTURE CORPORATION's assets are expected to substantially exceed its liabilities, and no circumstances are currently anticipated that would impede the performance of its obligations. The impact of the merger itself on results is Not disclosed
| Item | Details |
|---|---|
| Matter Covered | Prior disclosure relating to the absorption-type merger |
| Decision Date | 18 March 2026 (date of execution of the absorption-type merger agreement) |
| Implementation Date | 1 October 2026 (scheduled effective date; subject to change if necessary) |
| Period Covered | From the effective date of 1 October 2026 onward |
| Amount | Merger consideration: None. Increase in stated capital and capital reserves: None. Amount paid to acquire HIT: ¥1,625 million (for reference) |
| Quantity / scale | 200 common shares of HIT, 100.0% ownership, and continued employment by COMTURE CORPORATION of all 31 HIT employees |
| Impact on Business Performance | Following the absorption-type merger, COMTURE CORPORATION's assets are expected to substantially exceed its liabilities, and no circumstances are currently anticipated that would impede the performance of its obligations. The impact of the merger itself on results is Not disclosed |
| Reason | As COMTURE CORPORATION is HIT's wholly owning parent company, no shares or other assets will be delivered or allotted. This is a prior disclosure under Article 782, Paragraph 1 and Article 794, Paragraph 1 of the Companies Act. |
| Governing Rule | Article 782, Paragraph 1 of the Companies Act; Article 794, Paragraph 1 of the Companies Act; Article 796, Paragraph 2 of the Companies Act; and Article 784, Paragraph 1 of the Companies Act |
| Future plans | The absorption-type merger is scheduled to take effect on 1 October 2026. Until the effective date, the two companies will consult in advance if either company intends to take any action that would have a material impact. The effective date may be changed or the agreement may be terminated if necessary. |
Items this document does not state (2)
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 prior disclosure for an absorption-type merger under the Companies Act. As COMTURE CORPORATION is HIT's wholly owning parent company, no shares or other assets will be delivered or allotted.