Decision and Details
Post-merger disclosure items relating to the absorption-type merger with Shiseido Interactive Beauty Co., Ltd.
Because this is a merger without consideration between a wholly owned parent company and its wholly owned subsidiary.
Following the effectiveness of the merger, the amount of assets is expected to substantially exceed the amount of liabilities, and no circumstances that would impede the performance of obligations are currently anticipated. The amount of the impact on results is Not disclosed.
| Item | Details |
|---|---|
| Matter Covered | Post-merger disclosure items relating to the absorption-type merger with Shiseido Interactive Beauty Co., Ltd. |
| Decision Date | 17 April 2026 (date of execution of the absorption-type merger agreement) |
| Implementation Date | 1 June 2026 (effective date; already completed) |
| Amount | No merger consideration (merger without consideration between a wholly owned parent company and its wholly owned subsidiary) |
| Quantity / scale | 163 voting rights in total (held by shareholders who notified the company of their opposition) |
| Impact on Business Performance | Following the effectiveness of the merger, the amount of assets is expected to substantially exceed the amount of liabilities, and no circumstances that would impede the performance of obligations are currently anticipated. The amount of the impact on results is Not disclosed. |
| Reason | Because this is a merger without consideration between a wholly owned parent company and its wholly owned subsidiary. |
| Governing Rule | Article 801, paragraph 1 of the Companies Act; Article 200 of the Ordinance for Enforcement of the Companies Act; and, among others, Articles 784, 785, 787, 789, 796, 797, 799 and 921 of the Companies Act |
| Related previous disclosures | Notices published on 17 April 2026 by electronic public notice, in the Official Gazette and in the Nikkan Kogyo Shimbun. The title is Not disclosed. |
| Future plans | The company plans to register the changes resulting from the merger by 14 June 2026. |
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.The document states that this was a merger without consideration between a wholly owned parent company and its wholly owned subsidiary, and that the post-merger disclosure items are being disclosed pursuant to the Companies Act. No business rationale for the merger is provided.