Decision and Details
Absorption-type company split relating to the domestic cement sales business and domestic solidification-materials sales business
To transfer the rights and obligations relating to the domestic cement sales business and domestic solidification-materials sales business to the company receiving the absorption-type company split.
| Item | Details |
|---|---|
| Matter Covered | Absorption-type company split relating to the domestic cement sales business and domestic solidification-materials sales business |
| Decision Date | 24 July 2026 (date the absorption-type company split agreement was executed) |
| Implementation Date | 1 October 2026 (effective date of the merger; completed) |
| Amount | Amount of assets transferred: approximately ¥2,200 million; amount of liabilities transferred: approximately ¥1,200 million |
| Reason | To transfer the rights and obligations relating to the domestic cement sales business and domestic solidification-materials sales business to the company receiving the absorption-type company split. |
| Governing Rule | Article 791, paragraph 1, item 1 of the Companies Act; Articles 189 and 801, paragraph 3, item 2 of the Ordinance for Enforcement of the Companies Act; Articles 784, paragraph 2, 789, 796-2, 797, 799 and 923 of the Companies Act; Articles 2, paragraph 1, item 1 and 7 of the Act on Succession to Labor Contracts upon Company Split; and Article 5 of the Supplementary Provisions of the Act Partially Amending the Commercial Code and Other Acts (Act No. 90 of 2000) |
| Related previous disclosures | Absorption-type company split agreement executed on 24 July 2026 (described in the main text) |
| Future plans | Application for registration of the change relating to this company split was filed on 1 October 2026 (filed) |
Items this document does not state (4)
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 transfer the rights and obligations relating to the domestic cement sales business and domestic solidification-materials sales business pursuant to the absorption-type company split agreement executed on 24 July 2026.