Decision and Details
Incorporation-type company split of the business relating to the development, manufacture and sale of amusement machines
After considering the amount of capital and other factors of the newly established company, the company determined that 2,000 ordinary shares were appropriate. The amounts of capital and capital reserve were determined in accordance with the Ordinance on Company Accounting, taking into account the assets and other items to be succeeded, the future business activities of the newly established company and the capital policy of the company.
| Item | Details |
|---|---|
| Matter Covered | Incorporation-type company split of the business relating to the development, manufacture and sale of amusement machines |
| Decision Date | 13 May 2026 (date on which the incorporation-type company split plan was prepared) |
| Implementation Date | 1 October 2026 (scheduled; the date of incorporation of the new company and the effective date of this incorporation-type company split) |
| Period Covered | On or after 1 October 2026 (the first fiscal year of the newly established company will run from the date of its incorporation through 31 March 2027) |
| Amount | Capital: ¥100 million; capital reserve: ¥0 |
| Quantity / scale | 2,000 ordinary shares; total number of authorized shares: 20,000 |
| Reason | After considering the amount of capital and other factors of the newly established company, the company determined that 2,000 ordinary shares were appropriate. The amounts of capital and capital reserve were determined in accordance with the Ordinance on Company Accounting, taking into account the assets and other items to be succeeded, the future business activities of the newly established company and the capital policy of the company. |
| Governing Rule | Article 803, paragraph 1 of the Companies Act; Article 205 of the Ordinance for Enforcement of the Companies Act; Article 763, paragraph 1, item 6 of the Companies Act; Article 805 of the Companies Act; Ordinance on Company Accounting |
| Future plans | The new company is scheduled to be established and this incorporation-type company split is scheduled to become effective on 1 October 2026. After the effective date, the split company’s corporate name is scheduled to be changed to Heiwa Holdings Co., Ltd. Procedures for transferring rights, including registrations, filings and notifications, will be carried out without delay after the incorporation-type company split. Items requiring the re-obtainment of licenses, approvals or other authorizations will be excluded from the assets and liabilities to be succeeded if re-obtainment cannot be completed by the effective date. |
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 determined that 2,000 shares should be issued after considering the amount of capital and other factors of the newly established company. The amount of capital and capital reserve was determined in accordance with the Ordinance on Company Accounting, taking into account the assets and other items to be succeeded, future business activities and capital policy.