Decision and Details
The boards of directors of both companiesPost-merger disclosure relating to the absorption-type merger
Because Aica Kogyo Company,Limited is the wholly owning parent of 崇広サービス株式会社 and the merger involves a wholly owned subsidiary.
No impact on financial performance from the absorption-type merger is stated. Following the merger, Aica Kogyo Company,Limited expects its assets to remain substantially in excess of its liabilities and has determined that it is likely to be able to perform its obligations.
| Item | Details |
|---|---|
| Matter Covered | Post-merger disclosure relating to the absorption-type merger |
| Decision-Making Body | The boards of directors of both companies |
| Decision Date | Date of execution of the absorption-type merger agreement: 2 July 2026 |
| Implementation Date | 1 October 2026 (effective date; completed) |
| Period Covered | From 1 October 2026 onward |
| Amount | Consideration for the additional acquisition of shares in Stylam Industries Limited: ¥6,564 million (not consideration for the merger itself) |
| Quantity / scale | Aica Kogyo Company,Limited owns all issued shares of 崇広サービス株式会社 |
| Impact on Business Performance | No impact on financial performance from the absorption-type merger is stated. Following the merger, Aica Kogyo Company,Limited expects its assets to remain substantially in excess of its liabilities and has determined that it is likely to be able to perform its obligations. |
| Reason | Because Aica Kogyo Company,Limited is the wholly owning parent of 崇広サービス株式会社 and the merger involves a wholly owned subsidiary. |
| Governing Rule | Article 801, paragraph 1 of the Companies Act; Article 200 of the Regulation for Enforcement of the Companies Act; Article 782, paragraph 1 of the Companies Act; Article 182 of the Regulation for Enforcement of the Companies Act; and other provisions |
| Related previous disclosures | Absorption-type merger agreement dated 2 July 2026 and prior disclosure documents |
| Future plans | Not disclosed |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The company explained that this was post-event disclosure required under the Companies Act and the Regulation for Enforcement of the Companies Act, and that no merger consideration would be paid to shareholders because the merger involved a wholly owned subsidiary.