Worth reading
75Important
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Neutral
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Definitive
How definitive the wording is.Decision and Details
Post-merger disclosure matters relating to the absorption-type merger
Decision30 June 2026 (date the merger agreement was executed)
Implementation1 October 2026 (effective date; completed)
Going forwardThe company plans to apply for registration of the absorption-type merger within 2 weeks of 1 October 2026
AmountMerger consideration: no shares or other money or property will be delivered to shareholders of the absorbed company
Quantity / scaleThe surviving company will succeed to all assets, liabilities and other rights and obligations of the absorbed company
Reason
PHD absorbed the wholly owned subsidiary because it held all of the absorbed company's issued shares
Impact on Business Performance
The surviving company's assets are expected to substantially exceed its liabilities after the merger becomes effective, and it has been determined that it will have sufficient capacity to perform its obligations.
| Item | Details |
|---|---|
| Matter Covered | Post-merger disclosure matters relating to the absorption-type merger |
| Decision Date | 30 June 2026 (date the merger agreement was executed) |
| Implementation Date | 1 October 2026 (effective date; completed) |
| Amount | Merger consideration: no shares or other money or property will be delivered to shareholders of the absorbed company |
| Quantity / scale | The surviving company will succeed to all assets, liabilities and other rights and obligations of the absorbed company |
| Impact on Business Performance | The surviving company's assets are expected to substantially exceed its liabilities after the merger becomes effective, and it has been determined that it will have sufficient capacity to perform its obligations. |
| Reason | PHD absorbed the wholly owned subsidiary because it held all of the absorbed company's issued shares |
| Governing Rule | Article 801, paragraph 1 of the Companies Act; Article 200 of the Ordinance for Enforcement of the Companies Act; and Articles 782, paragraph 1; 784-2; 785; 787; 789; 796, paragraph 2; 797; and 799 of the Companies Act |
| Related previous disclosures | "Prior Disclosure Document Regarding the Absorption-Type Merger," dated 28 August 2026; "Securities Report for the 22nd Fiscal Year," filed on 19 June 2026 |
| Future plans | The company plans to apply for registration of the absorption-type merger within 2 weeks of 1 October 2026 |
Items this document does not state (2)
Decision-Making BodyPeriod Covered
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 disclosure states that the merger was carried out as a statutory procedure for absorbing a wholly owned subsidiary. No reason is given for the change in corporate name.
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.