Worth reading
73In focus
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Neutral
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Definitive
How definitive the wording is.Decision and Details
Board of DirectorsAbsorption merger with 北海道パーカライジング株式会社
Decision25 December 2025 (date the merger agreement was executed)
Period CoveredFrom 1 April 2026 onward (from the effective date)
Implementation1 April 2026 (effective date; completed)
Going forwardThe company plans to apply for registration of the absorption merger within 2 weeks of 1 April 2026
AmountMerger consideration: none; increase in the surviving company’s capital and reserves: none; total assets of the disappearing company: ¥213,496,172; total liabilities: ¥44,240,149; total net assets: ¥169,256,023
Quantity / scaleAbsorption merger of 1 wholly owned subsidiary; the surviving company held all issued shares of the disappearing company
Reason
Because this was a merger without consideration between a wholly owned parent company and its wholly owned subsidiary
Impact on Business Performance
The document does not specify the impact of the absorption merger on results. It states that no event is currently expected to impede the performance of obligations after the effective date.
| Item | Details |
|---|---|
| Matter Covered | Absorption merger with 北海道パーカライジング株式会社 |
| Decision-Making Body | Board of Directors |
| Decision Date | 25 December 2025 (date the merger agreement was executed) |
| Implementation Date | 1 April 2026 (effective date; completed) |
| Period Covered | From 1 April 2026 onward (from the effective date) |
| Amount | Merger consideration: none; increase in the surviving company’s capital and reserves: none; total assets of the disappearing company: ¥213,496,172; total liabilities: ¥44,240,149; total net assets: ¥169,256,023 |
| Quantity / scale | Absorption merger of 1 wholly owned subsidiary; the surviving company held all issued shares of the disappearing company |
| Impact on Business Performance | The document does not specify the impact of the absorption merger on results. It states that no event is currently expected to impede the performance of obligations after the effective date. |
| Reason | Because this was a merger without consideration between a wholly owned parent company and its wholly owned subsidiary |
| Governing Rule | Article 801, Paragraph 1 of the Companies Act; Article 200 of the Ordinance for Enforcement of the Companies Act; Article 796, Paragraph 2 and Article 784, Paragraph 1 of the Companies Act; Article 789, Paragraphs 2 and 3 and Article 799, Paragraphs 2 and 3 of the Companies Act; Article 782, Paragraph 1 and Article 794, Paragraph 1 of the Companies Act; and Articles 191 and 182 of the Ordinance for Enforcement of the Companies Act |
| Related previous disclosures | “Document Placed in Advance Regarding the Absorption Merger,” dated 25 December 2025 |
| Future plans | The company plans to apply for registration of the absorption merger within 2 weeks of 1 April 2026 |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The merger was between a wholly owned parent company and its subsidiary, in order to transfer the business and assets of 北海道パーカライジング株式会社 to NIHON PARKERIZING CO.,LTD. The document does not explain any specific management objective for the merger.
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