Decision and Details
Prior disclosure matters relating to the absorption-type company split
As NECソリューションイノベータ株式会社 is a wholly owned subsidiary of 日本電気株式会社, it was determined appropriate not to provide consideration for the absorption-type company split. Following the absorption-type company split, the amount of assets of 日本電気株式会社 is expected to continue to substantially exceed the amount of its liabilities.
A ¥52.7 billion gain on the return of retirement benefit trust assets is expected to be recorded as an extraordinary gain in individual financial results for the fiscal year ending March 2026. At present, no event is expected to impede the performance of liabilities following the absorption-type company split.
| Item | Details |
|---|---|
| Matter Covered | Prior disclosure matters relating to the absorption-type company split |
| Decision Date | 2 February 2026 (date of execution of the absorption-type company split agreement) |
| Implementation Date | Scheduled for 1 July 2026 (effective date of the absorption-type company split) |
| Period Covered | From the effective date of the absorption-type company split onward |
| Amount | Consideration for the absorption-type company split: none. In addition, ¥140 billion in retirement benefit trust assets to be returned, ¥52.7 billion gain on the return of retirement benefit trust assets (expected to be recorded in individual financial results for the fiscal year ending March 2026), ¥20 billion total issue amount of the 66th series of unsecured bonds, and ¥10 billion total issue amount of the 67th series of unsecured bonds |
| Impact on Business Performance | A ¥52.7 billion gain on the return of retirement benefit trust assets is expected to be recorded as an extraordinary gain in individual financial results for the fiscal year ending March 2026. At present, no event is expected to impede the performance of liabilities following the absorption-type company split. |
| Reason | As NECソリューションイノベータ株式会社 is a wholly owned subsidiary of 日本電気株式会社, it was determined appropriate not to provide consideration for the absorption-type company split. Following the absorption-type company split, the amount of assets of 日本電気株式会社 is expected to continue to substantially exceed the amount of its liabilities. |
| Governing Rule | Companies Act, Article 794, Paragraph 1; Ordinance for Enforcement of the Companies Act, Article 192; Companies Act, Article 235, Paragraphs 1 and 2; and Companies Act, Article 234, Paragraph 2 |
| Future plans | The absorption-type company split is scheduled to take effect on 1 July 2026. |
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.As NECソリューションイノベータ株式会社, the company transferring the business in the absorption-type company split, is a wholly owned subsidiary of 日本電気株式会社, it has been determined appropriate not to provide consideration. It has also been determined that the liabilities to be assumed are expected to be performed after the absorption-type company split.