Worth reading
65In focus
Scored from 5 of 6 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
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Displayed only when the document provides numerical figures.Wording
Definitive
How definitive the wording is.Decision and Details
The respective boards of directorsPrior disclosure document relating to the merger by absorption
Decision26 October 2026 (date of execution of the absorption merger agreement)
Period CoveredOn or after 1 January 2027
Implementation1 January 2027 (scheduled effective date)
Going forwardIf any of the disclosed matters change after the start date of the prior disclosure period, the revised details will be disclosed immediately.
AmountNo merger consideration; total disposal value of restricted shares: ¥180,991,000 (related disclosure)
Quantity / scale1 surviving company in the absorption merger and 3 absorbed companies; 241,000 restricted shares (related disclosure)
Reason
Because this was a merger without consideration between a wholly owned parent company and its wholly owned subsidiary
Impact on Business Performance
No situation that would impede the surviving company's ability to meet its obligations is currently anticipated with respect to its earnings or cash flow after the merger.
| Item | Details |
|---|---|
| Matter Covered | Prior disclosure document relating to the merger by absorption |
| Decision-Making Body | The respective boards of directors |
| Decision Date | 26 October 2026 (date of execution of the absorption merger agreement) |
| Implementation Date | 1 January 2027 (scheduled effective date) |
| Period Covered | On or after 1 January 2027 |
| Amount | No merger consideration; total disposal value of restricted shares: ¥180,991,000 (related disclosure) |
| Quantity / scale | 1 surviving company in the absorption merger and 3 absorbed companies; 241,000 restricted shares (related disclosure) |
| Impact on Business Performance | No situation that would impede the surviving company's ability to meet its obligations is currently anticipated with respect to its earnings or cash flow after the merger. |
| Reason | Because this was a merger without consideration between a wholly owned parent company and its wholly owned subsidiary |
| Governing Rule | Article 794, paragraph 1 of the Companies Act; Article 191 of the Ordinance for Enforcement of the Companies Act; Article 782, paragraph 1 of the Companies Act; Article 182 of the Ordinance for Enforcement of the Companies Act; Article 796, paragraph 2 of the Companies Act; and Article 784, paragraph 1 of the Companies Act |
| Future plans | If any of the disclosed matters change after the start date of the prior disclosure period, the revised details will be disclosed immediately. |
Items this document does not state (1)
Related 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.No specific reason is stated other than that this is a merger between wholly owned parent and subsidiary companies, carried out as an intra-group organisational restructuring.
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.