Decision and Details
Absorption-type merger (absorption-type merger between 帝国通信工業株式会社 and 飯田帝通株式会社)
Because the merger is between a wholly owning parent company and its wholly owned subsidiary, the shareholder composition will not change. In addition, the surviving company is not expected to encounter any difficulty in meeting its existing obligations because its financial base will be strengthened after the merger.
The surviving company is expected to have a stronger financial base after the merger and is not expected to encounter any difficulty in meeting its existing obligations. The specific impact on results is not disclosed.
| Item | Details |
|---|---|
| Matter Covered | Absorption-type merger (absorption-type merger between 帝国通信工業株式会社 and 飯田帝通株式会社) |
| Decision Date | 13 May 2026 (date of execution of the absorption-type merger agreement) |
| Implementation Date | 1 July 2026 (scheduled; effective date; subject to change if required for procedural reasons) |
| Amount | Merger consideration: none; increase in capital from the issuance of new shares: none; merger payment: none. 飯田帝通株式会社's financial statements for its 66th fiscal year: total assets ¥145,473,115, total liabilities ¥197,681,276, total net assets -¥52,208,161, net sales ¥424,637,947, net loss ¥30,510,461 |
| Quantity / scale | Absorption-type merger of 1 wholly owned subsidiary (飯田帝通株式会社) |
| Impact on Business Performance | The surviving company is expected to have a stronger financial base after the merger and is not expected to encounter any difficulty in meeting its existing obligations. The specific impact on results is not disclosed. |
| Reason | Because the merger is between a wholly owning parent company and its wholly owned subsidiary, the shareholder composition will not change. In addition, the surviving company is not expected to encounter any difficulty in meeting its existing obligations because its financial base will be strengthened after the merger. |
| Governing Rule | Companies Act, Article 796, Paragraph 2 (simplified merger), Companies Act, Article 784, Paragraph 1 (short-form merger), and Companies Act, Article 796, Paragraph 3 |
| Future plans | The merger is scheduled to become effective on 1 July 2026. If any of the disclosed matters change after the start date of the prior disclosure period, the revised details will be disclosed promptly. |
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.Because the merger is between a wholly owning parent company and its wholly owned subsidiary, the shareholder composition will not change, making it reasonable not to specify merger consideration. The company also states that the surviving company will have a stronger financial base after the merger and is not expected to encounter any difficulty in meeting its existing obligations.