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Conditional
How definitive the wording is.This transaction
This absorption mergerCounterparty (target company)株式会社ログリオ
Disclosing companyHowtelevision,Inc.
TimelineThe spacing between the points is proportional to the actual number of days.
Target company
Recruitment process outsourcing services (RPO)
Location Minato-ku, TokyoShare capital ¥55 millionDate of incorporation 3 August 2018
Net Sales¥102 million (fiscal year ended January 2026, standalone)
Operating profit¥23 million (fiscal year ended January 2026, standalone)
Net income for the current fiscal year¥16 million (fiscal year ended January 2026, standalone)
Net assets¥83 million (fiscal year ended January 2026, standalone)
Consideration and expenses
Acquisition priceNo consideration
Type of ConsiderationNo consideration
Impact on Business Performance
The impact on the Company's consolidated results will be minor.
Procedures and assumptions
Conditions Precedent to ExecutionNo shareholders' meetings will be held to approve the merger agreement.
Management structure after acquisitionThere will be no change to the Company's name, location, representative's title or name, business activities, capital, or fiscal year-end as a result of this merger. Employee treatment: not disclosed.
| Item | Details |
|---|---|
| Transaction name | This absorption merger |
| Counterparty name | 株式会社ログリオ |
| Name of the Subject Company | 株式会社ログリオ |
| Business Description of the Subject Company | Recruitment process outsourcing services (RPO) |
| Location of the Subject Company | Minato-ku, Tokyo |
| Capital Stock of the Subject Company | ¥55 million |
| Date of Establishment of the Subject Company | 3 August 2018 |
| Net Sales of the Subject Company | ¥102 million (fiscal year ended January 2026, standalone) |
| Operating Profit of the Subject Company | ¥23 million (fiscal year ended January 2026, standalone) |
| Net Income of the Subject Company | ¥16 million (fiscal year ended January 2026, standalone) |
| Net Assets of the Subject Company | ¥83 million (fiscal year ended January 2026, standalone) |
| Acquisition price | No consideration |
| Type of Consideration | No consideration |
| Voting rights ownership percentage | Before 100% (after not disclosed) |
| Impact on Business Performance | The impact on the Company's consolidated results will be minor. |
| Date of board resolution | 18 May 2026 |
| Contract Date | 18 May 2026 |
| Execution Date / Effective Date | 1 July 2026 (scheduled) |
| Conditions Precedent to Execution | No shareholders' meetings will be held to approve the merger agreement. |
| Management structure after acquisition | There will be no change to the Company's name, location, representative's title or name, business activities, capital, or fiscal year-end as a result of this merger. Employee treatment: not disclosed. |
Items this document does not state (12)
Expenses other than the acquisition priceMerger ratio/share exchange ratioTender 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.To accelerate the integrated development of the business with 株式会社ログリオ, achieve further business growth, and improve the efficiency of group management.
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