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M&A and Subsidiary Changes3951ASAHI PRINTING CO.,LTD.Materials and Chemicals

Notice Regarding the Absorption-Type Merger of a Wholly Owned Subsidiary (Simplified Merger / Abbreviated Merger)

朝日印刷 has decided to absorb 株式会社ニッポー, its wholly owned subsidiary, in a merger. 株式会社ニッポー is scheduled to be dissolved on 1 July 2027, and no shares or cash will be allocated in connection with the merger.

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This transaction

This merger (absorption-type merger of a wholly owned subsidiary)
Counterparty (target company)株式会社ニッポー
Disclosing companyASAHI PRINTING CO.,LTD.
Subject of this transactionNumber of shares acquired Not applicable (no shares will be allocated in connection with this merger)Voting 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

Manufacture and sale of printed packaging materials

Location Toyama CityShare capital ¥48 millionDate of incorporation 2 September 1946
Net Sales¥1,459 million (fiscal year ending March 2026, non-consolidated)
Operating profit¥24 million (fiscal year ending March 2026, non-consolidated)
Net income for the current fiscal year¥26 million (fiscal year ending March 2026, non-consolidated)
Net assets¥1,403 million (fiscal year ending March 2026, non-consolidated)
Consideration and expenses
Acquisition priceNot applicable (no shares or other cash will be allocated in connection with this merger)
Type of ConsiderationNot applicable (no shares or other cash will be allocated in connection with this merger)
Impact on Business Performance

The impact on consolidated results will be immaterial.

Procedures and assumptions
Conditions Precedent to ExecutionThe merger will be carried out without resolutions at the shareholders' meetings of the Company and 株式会社ニッポー (simplified/short-form merger).
Management structure after acquisitionThere will be no changes to the Company's name, location, representative's title or name, business activities, capital or fiscal year-end as a result of this merger. Employee treatment: Not disclosed
This transaction
ItemDetails
Transaction nameThis merger (absorption-type merger of a wholly owned subsidiary)
Counterparty name株式会社ニッポー
Name of the Subject Company株式会社ニッポー
Business Description of the Subject CompanyManufacture and sale of printed packaging materials
Location of the Subject CompanyToyama City
Capital Stock of the Subject Company¥48 million
Date of Establishment of the Subject Company2 September 1946
Net Sales of the Subject Company¥1,459 million (fiscal year ending March 2026, non-consolidated)
Operating Profit of the Subject Company¥24 million (fiscal year ending March 2026, non-consolidated)
Net Income of the Subject Company¥26 million (fiscal year ending March 2026, non-consolidated)
Net Assets of the Subject Company¥1,403 million (fiscal year ending March 2026, non-consolidated)
Acquisition priceNot applicable (no shares or other cash will be allocated in connection with this merger)
Type of ConsiderationNot applicable (no shares or other cash will be allocated in connection with this merger)
Number of shares acquiredNot applicable (no shares will be allocated in connection with this merger)
Voting rights ownership percentageBefore 100% (after not disclosed)
Impact on Business PerformanceThe impact on consolidated results will be immaterial.
Date of board resolution21 July 2026
Contract Date21 July 2026
Execution Date / Effective Date1 July 2027 (予定)
Conditions Precedent to ExecutionThe merger will be carried out without resolutions at the shareholders' meetings of the Company and 株式会社ニッポー (simplified/short-form merger).
Management structure after acquisitionThere will be no changes to the Company's name, location, representative's title or name, business activities, capital or fiscal year-end as a result of this merger. Employee treatment: Not disclosed
Items this document does not state (11)
Expenses other than the acquisition priceMerger ratio/share exchange ratioTender 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.

To advance the key strategies of the medium-term management plan, namely restructuring the existing core businesses and expanding the label business, 株式会社ニッポー will be integrated to consolidate the Group's management resources and improve management efficiency.

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Notice Regarding the Absorption-Type Merger of a Wholly Owned Subsidiary (Simplified Merger / Abbreviated Merger) | ASAHI PRINTING CO.,LTD. (3951) timely disclosure | Komori