Decision and Details
Absorption-type merger with 株式会社LIXILシャワートイレテック
As LST is a wholly owned subsidiary of LIXIL, LIXIL has determined that it is appropriate not to deliver merger consideration. Following the merger, LIXIL's assets are expected to substantially exceed its liabilities, and no event that would impede the performance of its obligations is currently expected.
| Item | Details |
|---|---|
| Matter Covered | Absorption-type merger with 株式会社LIXILシャワートイレテック |
| Decision Date | 5 August 2026 (date of execution of the absorption-type merger agreement) |
| Implementation Date | 1 October 2026 (scheduled effective date) |
| Reason | As LST is a wholly owned subsidiary of LIXIL, LIXIL has determined that it is appropriate not to deliver merger consideration. Following the merger, LIXIL's assets are expected to substantially exceed its liabilities, and no event that would impede the performance of its obligations is currently expected. |
| Governing Rule | Article 794, paragraph 1 of the Companies Act and Article 191 of the Ordinance for Enforcement of the Companies Act |
| Future plans | The absorption-type merger is scheduled to take effect on 1 October 2026. |
Items this document does not state (6)
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 LST is a wholly owned subsidiary of LIXIL, LIXIL has determined that it is appropriate not to deliver merger consideration. LIXIL also states that, following the merger, its assets will continue to substantially exceed its liabilities and no event that would impede the performance of its obligations is currently expected.