Worth reading
38Recurring
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Improvement
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Definitive
How definitive the wording is.This transaction
Absorption-type merger (simplified merger and short-form merger)Counterparty (target company)EIZO Agency Co., Ltd.
Disclosing companyEIZO Corporation
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Insurance agency services; materials and product logistics
Location Hakusan City, Ishikawa PrefectureShare capital ¥10 millionDate of incorporation 11 March 1975
Net Sales¥140 million (fiscal year ended March 2026)
Operating profitOperating loss of ¥5 million (fiscal year ended March 2026)
Net income for the current fiscal year¥0 million (fiscal year ended March 2026; net income attributable to owners of the parent)
Net assets¥260 million (fiscal year ended March 2026)
Consideration and expenses
Acquisition priceNo consideration (no shares, cash or other consideration will be allotted)
Type of ConsiderationNo consideration
Merger ratio/share exchange ratioNot applicable (no shares, cash or other consideration will be allotted; EIZO Corporation will be the surviving company)
Impact on Business Performance
The merger will have no impact on consolidated results.
Procedures and assumptions
Conditions Precedent to ExecutionNo shareholder approval is required. EIZO Corporation will conduct a simplified absorption-type merger under Article 796, Paragraph 2 of the Companies Act, while EIZO Agency Co., Ltd. will conduct a short-form merger under Article 784, Paragraph 1 of the Companies Act.
Management structure after acquisitionFollowing the merger, there will be no changes to the name, location, title or name of the representative, business activities, capital or fiscal year-end of EIZO Corporation.
| Item | Details |
|---|---|
| Transaction name | Absorption-type merger (simplified merger and short-form merger) |
| Counterparty name | EIZO Agency Co., Ltd. |
| Name of the Subject Company | EIZO Agency Co., Ltd. |
| Business Description of the Subject Company | Insurance agency services; materials and product logistics |
| Location of the Subject Company | Hakusan City, Ishikawa Prefecture |
| Capital Stock of the Subject Company | ¥10 million |
| Date of Establishment of the Subject Company | 11 March 1975 |
| Net Sales of the Subject Company | ¥140 million (fiscal year ended March 2026) |
| Operating Profit of the Subject Company | Operating loss of ¥5 million (fiscal year ended March 2026) |
| Net Income of the Subject Company | ¥0 million (fiscal year ended March 2026; net income attributable to owners of the parent) |
| Net Assets of the Subject Company | ¥260 million (fiscal year ended March 2026) |
| Acquisition price | No consideration (no shares, cash or other consideration will be allotted) |
| Type of Consideration | No consideration |
| Merger ratio/share exchange ratio | Not applicable (no shares, cash or other consideration will be allotted; EIZO Corporation will be the surviving company) |
| Voting rights ownership percentage | Before 100% → after Not applicable because the target company will be dissolved |
| Impact on Business Performance | The merger will have no impact on consolidated results. |
| Date of board resolution | 12 May 2026 |
| Contract Date | 12 May 2026 |
| Execution Date / Effective Date | 1 October 2026 |
| Conditions Precedent to Execution | No shareholder approval is required. EIZO Corporation will conduct a simplified absorption-type merger under Article 796, Paragraph 2 of the Companies Act, while EIZO Agency Co., Ltd. will conduct a short-form merger under Article 784, Paragraph 1 of the Companies Act. |
| Management structure after acquisition | Following the merger, there will be no changes to the name, location, title or name of the representative, business activities, capital or fiscal year-end of EIZO Corporation. |
Items this document does not state (11)
Expenses other than the acquisition priceTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation 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.The merger is intended to integrate EIZO Agency Co., Ltd. into EIZO Corporation, strengthen its integration with the Manufacturing Division, and promote greater efficiency and rationalization of production operations.
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