Decision and Details
An absorption-type merger in which Sharp Corporation is the surviving company and シャープディスプレイテクノロジー株式会社 and シャープ米子株式会社 are the absorbed companies
This is an absorption-type merger between a wholly owned parent company and its wholly owned subsidiaries, and Sharp Corporation will not pay merger consideration to the shareholders of either company. The procedures required under the Companies Act will be carried out.
Sharp Corporation determined that there was no issue concerning the likelihood of performing the obligations it would assume after the absorption-type merger. The impact on results is Not disclosed.
| Item | Details |
|---|---|
| Matter Covered | An absorption-type merger in which Sharp Corporation is the surviving company and シャープディスプレイテクノロジー株式会社 and シャープ米子株式会社 are the absorbed companies |
| Decision Date | 7 August 2026 (date of execution of the merger agreement) |
| Implementation Date | 1 October 2026 (effective date; completed) |
| Amount | Increase in stated capital from the merger: ¥0; capital reserves: ¥0; retained earnings reserves: ¥0. After the merger: stated capital of ¥5,005,077,890, capital reserves of ¥1,255,077,890 and retained earnings reserves of ¥0. Shares held by dissenting shareholders who gave notice of opposition: 300 shares. |
| Quantity / scale | 2 absorbed companies; 300 shares held by dissenting shareholders who gave notice of opposition |
| Impact on Business Performance | Sharp Corporation determined that there was no issue concerning the likelihood of performing the obligations it would assume after the absorption-type merger. The impact on results is Not disclosed. |
| Reason | This is an absorption-type merger between a wholly owned parent company and its wholly owned subsidiaries, and Sharp Corporation will not pay merger consideration to the shareholders of either company. The procedures required under the Companies Act will be carried out. |
| Governing Rule | Article 801, Paragraph 1 and Article 921 of the Companies Act; Article 200 of the Ordinance for Enforcement of the Companies Act; and Articles 784, 785, 787, 789, 796, Paragraph 2, the proviso to Article 796-2, 797 and 799 of the Companies Act |
| Related previous disclosures | "Pre-transaction disclosure document concerning the absorption-type merger," dated 25 August 2026 |
| Future plans | The registration of the changes resulting from this absorption-type merger is scheduled to be filed within 2 weeks of the effective date. |
Items this document does not state (2)
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.To report post-transaction matters required to be disclosed under the Companies Act. Both companies were wholly owned subsidiaries of Sharp Corporation, and the merger was carried out as a simplified and abbreviated merger without shareholder meeting approval.