Decision and Details
Prior disclosure relating to the absorption-type merger
Because this is a merger between a wholly owned parent company and its wholly owned subsidiary, Company A will not deliver merger consideration to the shareholders of Company B.
It was determined that there would be no issue with the likelihood of performance of the obligations to be assumed by Company A following the absorption-type merger. The specific impact on earnings is Not disclosed.
| Item | Details |
|---|---|
| Matter Covered | Prior disclosure relating to the absorption-type merger |
| Decision Date | 29 September 2026 (date of execution of the merger agreement and disclosure date) |
| Implementation Date | 1 January 2027 (scheduled effective date) |
| Amount | Merger consideration: none |
| Quantity / scale | Surviving company: 日本精蠟株式会社; absorbed company: テクノワックス株式会社 |
| Impact on Business Performance | It was determined that there would be no issue with the likelihood of performance of the obligations to be assumed by Company A following the absorption-type merger. The specific impact on earnings is Not disclosed. |
| Reason | Because this is a merger between a wholly owned parent company and its wholly owned subsidiary, Company A will not deliver merger consideration to the shareholders of Company B. |
| Governing Rule | Companies Act, Article 782, Paragraph 1; Ordinance for Enforcement of the Companies Act, Article 182; Companies Act, Article 794, Paragraph 1; Ordinance for Enforcement of the Companies Act, Article 191; Companies Act, Article 796, Paragraph 2; Companies Act, Article 784, Paragraph 1 |
| Future plans | An absorption-type merger is scheduled for 1 January 2027, with 日本精蠟株式会社 as the surviving company and テクノワックス株式会社 as the absorbed company. |
Items this document does not state (3)
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 is a merger between a wholly owned parent company and its wholly owned subsidiary, and that it was determined that there would be no issue with 日本精蠟株式会社's ability to perform its obligations following the absorption-type merger. No business purpose or specific economic rationale for the merger is stated.