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M&A and Subsidiary Changes4484LANCERS,INC.Information and Communications, Services and Others

Notice Concerning the Cancellation of the Absorption-Type Merger of a Consolidated Subsidiary

The planned absorption-type merger of consolidated subsidiary MENTA株式会社, scheduled for 1 October 2023, was cancelled. The company changed to a method of keeping MENTA株式会社 in existence and improving the efficiency of its management resources by centralizing decision-making with the head office.

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This transaction

Merger by Absorption of Consolidated Subsidiaries
Counterparty (target company)MENTA株式会社
Disclosing companyLANCERS,INC.
Subject of this transaction
TimelineThe spacing between the points is proportional to the actual number of days.18 days from 決議 to 実行.
Impact on Business Performance

The impact on the Company's consolidated results will be immaterial.

Procedures and assumptions
Management structure after acquisitionMENTA株式会社を存続させつつ、本社との意思決定の一元化を実施。商号、代表者、従業員の処遇はNot disclosed
This transaction
ItemDetails
Transaction nameMerger by Absorption of Consolidated Subsidiaries
Counterparty nameMENTA株式会社
Name of the Subject CompanyMENTA株式会社
Impact on Business PerformanceThe impact on the Company's consolidated results will be immaterial.
Date of board resolution2023年９月13日
Execution Date / Effective Date2023年10月１日（合併効力発生日として従来発表されていたが、中止）
Management structure after acquisitionMENTA株式会社を存続させつつ、本社との意思決定の一元化を実施。商号、代表者、従業員の処遇はNot disclosed
Items this document does not state (25)
Business Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution

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.

本社への統合効果等を勘案した結果、MENTA株式会社を存続させつつ本社との意思決定を一元化する方が、経営資源の効率化を図れると判断したため。

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Concerning the Cancellation of the Absorption-Type Merger of a Consolidated Subsidiary | LANCERS,INC. (4484) timely disclosure | Komori