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M&A and Subsidiary Changes3918PCI Solutions Inc.Information and Communications, Services and Others

(Update on Previously Disclosed Matter) Notice Regarding the Execution of a Merger Agreement with Our Consolidated Subsidiary (Simplified Merger; Short-Form Merger)

The Company has executed an agreement to absorb PCIソリューションズ株式会社, its wholly owned subsidiary, in a merger. The merger is scheduled to take place on 1 October 2026, when the Company plans to transition from a pure holding company to an operating holding company.

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This transaction

This merger
Counterparty (target company)PCIソリューションズ株式会社
Disclosing companyPCI Solutions Inc.
Subject of this transactionVoting rights ownership percentage Before 100% (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

Consulting, planning, development, instruction, sales and maintenance of computer software and services

Location Minato-ku, TokyoShare capital ¥360 millionDate of incorporation 19 September 2012
Net Sales¥14,146 million (fiscal year ended March 2026)
Operating profit¥1,243 million (fiscal year ended March 2026)
Net income for the current fiscal year¥923 million (fiscal year ended March 2026)
Net assets¥2,933 million (fiscal year ended March 2026)
Consideration and expenses
Type of ConsiderationNo shares or other monetary consideration will be allotted.
Impact on Business Performance

The impact on the Company's consolidated results is expected to be immaterial.

Procedures and assumptions
Management structure after acquisitionThe Company plans to change its corporate name to "PCIソリューションズ株式会社." It will transition from a pure holding company to an operating holding company and conduct an information services business. There will be no changes to its location, the title or name of its representative, capital or fiscal year-end. Treatment of employees: not disclosed
This transaction
ItemDetails
Transaction nameThis merger
Counterparty namePCIソリューションズ株式会社
Name of the Subject CompanyPCIソリューションズ株式会社
Business Description of the Subject CompanyConsulting, planning, development, instruction, sales and maintenance of computer software and services
Location of the Subject CompanyMinato-ku, Tokyo
Capital Stock of the Subject Company¥360 million
Date of Establishment of the Subject Company19 September 2012
Net Sales of the Subject Company¥14,146 million (fiscal year ended March 2026)
Operating Profit of the Subject Company¥1,243 million (fiscal year ended March 2026)
Net Income of the Subject Company¥923 million (fiscal year ended March 2026)
Net Assets of the Subject Company¥2,933 million (fiscal year ended March 2026)
Type of ConsiderationNo shares or other monetary consideration will be allotted.
Voting rights ownership percentageBefore 100% (after not disclosed)
Impact on Business PerformanceThe impact on the Company's consolidated results is expected to be immaterial.
Date of board resolution30 June 2026
Contract Date30 June 2026
Execution Date / Effective Date1 October 2026 (予定)
Management structure after acquisitionThe Company plans to change its corporate name to "PCIソリューションズ株式会社." It will transition from a pure holding company to an operating holding company and conduct an information services business. There will be no changes to its location, the title or name of its representative, capital or fiscal year-end. Treatment of employees: not disclosed
Items this document does not state (14)
Acquisition priceExpenses 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 CommitteeConditions Precedent to Execution

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 Company will transition from a pure holding company to an operating holding company and conduct PCIソリューションズ株式会社's information services business in addition to its existing group management operations.

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(Update on Previously Disclosed Matter) Notice Regarding the Execution of a Merger Agreement with Our Consolidated Subsidiary (Simplified Merger; Short-Form Merger) | PCI Solutions Inc. (3918) timely disclosure | Komori