Worth reading
68In 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
0
Yen (merger consideration, and increases in stated capital and capital reserves)Wording
Conditional
How definitive the wording is.Decision and Details
Howtelevision,Inc. and 株式会社ログリオ (agreement and execution of the merger agreement by the representative directors of both companies)Absorption-type merger between Howtelevision,Inc. and 株式会社ログリオ
Decision18 May 2026 (date of execution of the absorption-type merger agreement)
Period CoveredOn or after 1 July 2026 (on or after the effective date)
Implementation1 July 2026 (scheduled; effective date, subject to change by agreement between the parties)
Going forwardBy the effective date, the companies will complete the procedures required by law, including public notice to creditors and individual notices, keeping the prior disclosure documents at the head offices, and providing explanations to employees. Any changes will be disclosed promptly. If a material change or other event occurs, the terms may be changed or the merger may be cancelled.
AmountMerger consideration: no consideration of any kind, including cash; increase in the surviving company's stated capital: ¥0; increase in capital reserves: ¥0; increase in other reserves: ¥0. As of 31 January 2026, 株式会社ログリオ had total assets of ¥109,876,737, total liabilities of ¥26,613,916 and total net assets of ¥83,262,821. Net sales for the period from 1 February 2025 to 31 January 2026 were ¥102,216,103, and net income was ¥16,465,193.
Quantity / scaleThe surviving company will assume all rights and obligations of 1 disappearing company in the absorption-type merger, 株式会社ログリオ, which will be dissolved.
Reason
This is a merger between a wholly owned parent company and its wholly owned subsidiary, and the surviving company in the absorption-type merger holds all of the issued shares of the disappearing company.
Impact on Business Performance
Following the merger, the surviving company's assets are expected to substantially exceed its liabilities, and it has been determined that there is no issue regarding the prospects for the performance of its obligations. No impact amount on earnings forecasts is stated.
| Item | Details |
|---|---|
| Matter Covered | Absorption-type merger between Howtelevision,Inc. and 株式会社ログリオ |
| Decision-Making Body | Howtelevision,Inc. and 株式会社ログリオ (agreement and execution of the merger agreement by the representative directors of both companies) |
| Decision Date | 18 May 2026 (date of execution of the absorption-type merger agreement) |
| Implementation Date | 1 July 2026 (scheduled; effective date, subject to change by agreement between the parties) |
| Period Covered | On or after 1 July 2026 (on or after the effective date) |
| Amount | Merger consideration: no consideration of any kind, including cash; increase in the surviving company's stated capital: ¥0; increase in capital reserves: ¥0; increase in other reserves: ¥0. As of 31 January 2026, 株式会社ログリオ had total assets of ¥109,876,737, total liabilities of ¥26,613,916 and total net assets of ¥83,262,821. Net sales for the period from 1 February 2025 to 31 January 2026 were ¥102,216,103, and net income was ¥16,465,193. |
| Quantity / scale | The surviving company will assume all rights and obligations of 1 disappearing company in the absorption-type merger, 株式会社ログリオ, which will be dissolved. |
| Impact on Business Performance | Following the merger, the surviving company's assets are expected to substantially exceed its liabilities, and it has been determined that there is no issue regarding the prospects for the performance of its obligations. No impact amount on earnings forecasts is stated. |
| Reason | This is a merger between a wholly owned parent company and its wholly owned subsidiary, and the surviving company in the absorption-type merger holds all of the issued shares of the disappearing company. |
| Governing Rule | Companies Act, Articles 748, 782(1), 784(1), 794(1), 796(2) and the proviso to Article 796(2); Regulation for Enforcement of the Companies Act, Articles 182 and 191; annual securities reports and other documents under the Financial Instruments and Exchange Act |
| Future plans | By the effective date, the companies will complete the procedures required by law, including public notice to creditors and individual notices, keeping the prior disclosure documents at the head offices, and providing explanations to employees. Any changes will be disclosed promptly. If a material change or other event occurs, the terms may be changed or the merger may be cancelled. |
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.This is a merger between a wholly owned parent company and its wholly owned subsidiary, and Howtelevision,Inc. holds all of the shares of 株式会社ログリオ.
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