Decision and Details
Absorption-type merger
Because the merger will be conducted between a wholly owned parent company and its wholly owned subsidiaries, no merger consideration will be paid. Based on an examination using the most recent balance sheets, the company believes that the surviving company is expected to be able to perform its obligations after the effective date.
| Item | Details |
|---|---|
| Matter Covered | Absorption-type merger |
| Decision Date | 30 October 2026 (the date of the advance disclosure documents; the date on which the merger itself was decided is Not disclosed) |
| Implementation Date | 1 January 2027 (scheduled effective date) |
| Period Covered | On or after 1 January 2027 (after the effective date of the merger) |
| Amount | Merger consideration: none |
| Quantity / scale | 1 surviving company in the absorption-type merger (SUMITOMO HEAVY INDUSTRIES,LTD.), 2 absorbed companies (住友重機械搬送システム株式会社 and 住友重機械建機クレーン株式会社) |
| Reason | Because the merger will be conducted between a wholly owned parent company and its wholly owned subsidiaries, no merger consideration will be paid. Based on an examination using the most recent balance sheets, the company believes that the surviving company is expected to be able to perform its obligations after the effective date. |
| Governing Rule | Companies Act, Article 782, paragraph 1; Companies Act, Article 794, paragraph 1; Ordinance for Enforcement of the Companies Act, Articles 182, 183 and 191 |
| Future plans | The merger is scheduled to become effective on 1 January 2027. If any changes arise between the start of the document retention period and the effective date, the matters after the changes will be added as an appendix. |
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 company explains that, because this is a merger between a wholly owned parent company and its wholly owned subsidiaries, and based on an examination using the most recent balance sheets, the surviving company's obligations are expected to be fully performable after the effective date. The business purpose of the merger is not stated in the body of the disclosure.