Decision and Details
Prior disclosure document relating to the merger by absorption
A merger without consideration between a wholly owned parent and its wholly owned subsidiary. No other business reason is stated.
| Item | Details |
|---|---|
| Matter Covered | Prior disclosure document relating to the merger by absorption |
| Decision Date | 15 June 2026 (date of execution of the absorption-type merger agreement) |
| Implementation Date | 15 August 2026 (scheduled effective date) |
| Amount | Merger consideration: none. As of 31 March 2026, Hybrid Technologies Co.,Ltd. had assets of ¥7,157.464 million, liabilities of ¥5,063.685 million and net assets of ¥2,093.779 million. |
| Quantity / scale | 5,882 issued shares of MCP35株式会社, all of which are owned by Hybrid Technologies Co.,Ltd. |
| Reason | A merger without consideration between a wholly owned parent and its wholly owned subsidiary. No other business reason is stated. |
| Governing Rule | Article 794, paragraph 1 of the Companies Act; Article 191 of the Ordinance for Enforcement of the Companies Act; Article 782, paragraph 1 of the Companies Act; Article 182 of the Ordinance for Enforcement of the Companies Act; Article 796, paragraph 2 of the Companies Act; and Article 784, paragraph 1 of the Companies Act |
| Future plans | The merger is scheduled to take effect on 15 August 2026. If any changes occur to the disclosed matters after the commencement of the prior disclosure period, the revised matters will be disclosed immediately. |
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.The merger is between a wholly owned parent and its wholly owned subsidiary, indicating an organizational reorganization. However, no business purpose or specific effects of the merger are stated.