Worth reading
72In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
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
The Board of Directors of LANCERS,INC. and the decision of the directors of MENTA株式会社Absorption-type merger in which MENTA株式会社 is the absorbed company and LANCERS,INC. is the surviving company
Decision12 February 2026 (date the absorption-type merger agreement was executed)
Period CoveredOn and after 1 April 2026 (effective date of the merger)
Implementation1 April 2026 (effective date; completed)
Going forwardThe registration of the change under Article 921 of the Companies Act is scheduled to be completed on 1 April 2026
AmountMerger consideration: none; increase in capital: ¥0; increase in capital reserve: ¥0; increase in retained earnings reserve: ¥0
Quantity / scale51 issued shares of MENTA株式会社, 1 shareholder, and a 100.0% voting rights ratio held by LANCERS,INC.
Reason
Because the merger is between a wholly owned parent company and its subsidiary; because it is a simplified absorption-type merger under Article 796, Paragraph 2 of the Companies Act and a short-form merger under Article 784, Paragraph 1 of the Companies Act
Impact on Business Performance
No impact of the merger on financial results is stated. At present, no circumstances are anticipated that would impede LANCERS,INC.'s ability to perform its obligations following the absorption-type merger.
| Item | Details |
|---|---|
| Matter Covered | Absorption-type merger in which MENTA株式会社 is the absorbed company and LANCERS,INC. is the surviving company |
| Decision-Making Body | The Board of Directors of LANCERS,INC. and the decision of the directors of MENTA株式会社 |
| Decision Date | 12 February 2026 (date the absorption-type merger agreement was executed) |
| Implementation Date | 1 April 2026 (effective date; completed) |
| Period Covered | On and after 1 April 2026 (effective date of the merger) |
| Amount | Merger consideration: none; increase in capital: ¥0; increase in capital reserve: ¥0; increase in retained earnings reserve: ¥0 |
| Quantity / scale | 51 issued shares of MENTA株式会社, 1 shareholder, and a 100.0% voting rights ratio held by LANCERS,INC. |
| Impact on Business Performance | No impact of the merger on financial results is stated. At present, no circumstances are anticipated that would impede LANCERS,INC.'s ability to perform its obligations following the absorption-type merger. |
| Reason | Because the merger is between a wholly owned parent company and its subsidiary; because it is a simplified absorption-type merger under Article 796, Paragraph 2 of the Companies Act and a short-form merger under Article 784, Paragraph 1 of the Companies Act |
| Governing Rule | Article 801, Paragraph 1 of the Companies Act; Article 200 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; Articles 784-2, 785, 787, 789, 796, Paragraph 2, 796-2, 797, 799 and 921 of the Companies Act |
| Related previous disclosures | “Advance Disclosure Document Concerning the Absorption-Type Merger” dated 20 February 2026 |
| Future plans | The registration of the change under Article 921 of the Companies Act is scheduled to be completed on 1 April 2026 |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The filing states that the merger was between a wholly owned parent company and its subsidiary and was carried out under the procedures for a simplified merger and a short-form merger. It does not state a business purpose for the merger.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.