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M&A and Subsidiary Changes6644Osaki Electric Co.,Ltd.Electrical Equipment and Precision Instruments

Notice Regarding the Absorption-Type Merger of a Wholly Owned Subsidiary (Simplified Merger and Abbreviated Merger)

Osaki Electric Co.,Ltd. will absorb its wholly owned subsidiary, 大崎エステート株式会社, through an absorption-type merger, dissolving the subsidiary. No merger consideration will be paid, and the effective date is scheduled for 1 October 2026.

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This transaction

This absorption merger
Counterparty (target company)大崎エステート株式会社
Disclosing companyOsaki Electric Co.,Ltd.
Subject of this transactionNumber of shares acquired Not applicable(吸収合併であり、株式取得の記載なし)Voting rights ownership percentage Before 100% (as of 31 March 2026) → after Not applicable(合併後は対象会社が消滅)
TimelineThe spacing between the points is proportional to the actual number of days.
Target company

Real Estate Leasing

Location Shinagawa Ward, TokyoShare capital ¥310 millionDate of incorporation 1991 年 10 月 14 日
Net Sales149百万円(2026年3月期)
Operating profit△117百万円(2026年3月期)
Net income for the current fiscal year4,106百万円(2026年3月期)
Net assets5,658百万円(2026年3月期)
Consideration and expenses
Acquisition price対価の交付はありません(新株式の発行および金銭等の交付はありません)
Type of ConsiderationNo consideration (no new shares will be issued and no cash or other consideration will be paid)
Merger ratio/share exchange ratioNot applicable。大崎電気工業株式会社が存続会社、大崎エステート株式会社が消滅会社
Amount of extraordinary income (loss)not_mentioned
Impact on Business Performance

The impact on the company's consolidated results will be immaterial.

Procedures and assumptions
Conditions Precedent to ExecutionThe merger will be carried out without obtaining shareholder meeting resolutions of either company approving the merger agreement.
Management structure after acquisition本吸収合併により、当社の名称、所在地、代表者の役職・氏名、事業内容、資本金、決算期に変更はありません。従業員の処遇については記載されていません。
This transaction
ItemDetails
Transaction nameThis absorption merger
Counterparty name大崎エステート株式会社
Name of the Subject Company大崎エステート株式会社
Business Description of the Subject CompanyReal Estate Leasing
Location of the Subject CompanyShinagawa Ward, Tokyo
Capital Stock of the Subject Company¥310 million
Date of Establishment of the Subject Company1991 年 10 月 14 日
Net Sales of the Subject Company149百万円(2026年3月期)
Operating Profit of the Subject Company△117百万円(2026年3月期)
Net Income of the Subject Company4,106百万円(2026年3月期)
Net Assets of the Subject Company5,658百万円(2026年3月期)
Acquisition price対価の交付はありません(新株式の発行および金銭等の交付はありません)
Type of ConsiderationNo consideration (no new shares will be issued and no cash or other consideration will be paid)
Merger ratio/share exchange ratioNot applicable。大崎電気工業株式会社が存続会社、大崎エステート株式会社が消滅会社
Number of shares acquiredNot applicable(吸収合併であり、株式取得の記載なし)
Voting rights ownership percentageBefore 100% (as of 31 March 2026) → after Not applicable(合併後は対象会社が消滅)
Amount of extraordinary income (loss)not_mentioned
Impact on Business PerformanceThe impact on the company's consolidated results will be immaterial.
Date of board resolution21 July 2026
Contract Date21 July 2026
Execution Date / Effective Date1 October 2026 (scheduled)
Conditions Precedent to ExecutionThe merger will be carried out without obtaining shareholder meeting resolutions of either company approving the merger agreement.
Management structure after acquisition本吸収合併により、当社の名称、所在地、代表者の役職・氏名、事業内容、資本金、決算期に変更はありません。従業員の処遇については記載されていません。
Items this document does not state (9)
Expenses other than the acquisition priceTender offer priceMinimum number of shares to be purchasedTender offer periodFunding arrangementsGoodwill amountValuation methodologyIndependent valuation institutionSpecial Committee

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.

大崎エステート株式会社が所有していた居住用賃貸不動産の売却を完了し、現在の主な業務がグループ会社向け事業用賃貸不動産の管理となったため、業務の効率化および意思決定の迅速化を図るものです。

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Notice Regarding the Absorption-Type Merger of a Wholly Owned Subsidiary (Simplified Merger and Abbreviated Merger) | Osaki Electric Co.,Ltd. (6644) timely disclosure | Komori