Worth reading
72In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Decision and Details
Absorption-type company split involving the EF2 (Electro Fine Forming) business
Decision27 April 2026 (date of execution of the absorption-type company split agreement)
Period CoveredOn and after the effective date
Implementation1 July 2026 (scheduled effective date)
Going forwardThe absorption-type company split is scheduled to become effective on 1 July 2026. However, the conditions may be changed or the agreement may be terminated if the necessary licenses, permits or other approvals cannot be obtained, or if a material impediment or other significant issue arises.
AmountConsideration for the split: None; 株式会社ノア's stated capital: ¥10 million (as of 17 April 2026)
Reason
Because 株式会社ノア is our wholly owned subsidiary, we consider it appropriate not to deliver money or other consideration.
| Item | Details |
|---|---|
| Matter Covered | Absorption-type company split involving the EF2 (Electro Fine Forming) business |
| Decision Date | 27 April 2026 (date of execution of the absorption-type company split agreement) |
| Implementation Date | 1 July 2026 (scheduled effective date) |
| Period Covered | On and after the effective date |
| Amount | Consideration for the split: None; 株式会社ノア's stated capital: ¥10 million (as of 17 April 2026) |
| Reason | Because 株式会社ノア is our wholly owned subsidiary, we consider it appropriate not to deliver money or other consideration. |
| Governing Rule | Article 782, Paragraph 1; Article 183 of the Ordinance for Enforcement of the Companies Act; Article 758, Items 4 and 8; Article 759, Paragraph 2; Article 783, Paragraph 1; the main clause of Article 784, Paragraph 2; Article 795, Paragraph 1; the main clause of Article 796, Paragraph 1; and Article 21 of the Companies Act |
| Future plans | The absorption-type company split is scheduled to become effective on 1 July 2026. However, the conditions may be changed or the agreement may be terminated if the necessary licenses, permits or other approvals cannot be obtained, or if a material impediment or other significant issue arises. |
Items this document does not state (4)
Decision-Making BodyQuantity / scaleImpact on Business PerformanceRelated previous disclosures
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 company explains that, because 株式会社ノア is Maxell,Ltd.'s wholly owned subsidiary, it is appropriate not to deliver consideration for the split.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.