Decision and Details
Board of Directors of INFONET inc.; Board of Directors of 株式会社撮影ティブAbsorption-type merger with 1 July 2026 as the effective date
Because the two companies are in a wholly owned parent-subsidiary relationship.
With respect to the earnings and cash flow of the surviving company after the merger, no situation that would hinder the performance of its obligations is currently anticipated.
| Item | Details |
|---|---|
| Matter Covered | Absorption-type merger with 1 July 2026 as the effective date |
| Decision-Making Body | Board of Directors of INFONET inc.; Board of Directors of 株式会社撮影ティブ |
| Decision Date | INFONET inc.: 14 April 2026; 株式会社撮影ティブ: 31 March 2026 |
| Implementation Date | 1 July 2026 (scheduled; effective date) |
| Amount | Merger consideration: no shares, cash or other consideration will be delivered; total assets of 株式会社撮影ティブ: ¥24,572,178; total liabilities: ¥15,848,970; total net assets: ¥8,723,208; net sales: ¥41,757,969; net income: ¥5,191,249 |
| Quantity / scale | Shares issued by 株式会社撮影ティブ: 200 shares |
| Impact on Business Performance | With respect to the earnings and cash flow of the surviving company after the merger, no situation that would hinder the performance of its obligations is currently anticipated. |
| Reason | Because the two companies are in a wholly owned parent-subsidiary relationship. |
| Governing Rule | Article 794, Paragraph 1 of the Companies Act; Article 191 of the Regulations for Enforcement of the Companies Act; Article 782, Paragraph 1 of the Companies Act; and Article 182 of the Regulations for Enforcement of the Companies Act |
| Future plans | The merger is scheduled to take effect on 1 July 2026. If any changes arise to the disclosed information after the start date of the prior disclosure period, the revised information will be disclosed immediately. |
Items this document does not state (2)
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.As the surviving company and the disappearing company in the absorption-type merger are in a wholly owned parent-subsidiary relationship, no shares, cash or other consideration will be delivered. It is also stated that, after the merger, the surviving company's assets will continue to substantially exceed its liabilities, and no situation that would hinder the performance of its obligations is currently anticipated.