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Howtelevision,Inc. and mond Japan Co., Ltd.Absorption-Type Merger
Decision29 September 2026 (date the merger agreement was signed)
Period CoveredOn or after 1 December 2026 (after the effective date)
Implementation1 December 2026 (scheduled effective date; subject to change by agreement)
Going forwardThe company plans to complete the legally required procedures and make the merger effective on 1 December 2026. Any changes to these matters will be disclosed promptly.
AmountMerger consideration: none; increase in surviving company's stated capital: ¥0; increase in capital reserve: ¥0; increase in other reserves: ¥0
Quantity / scaleHowtelevision,Inc. holds all of the issued shares of mond Japan Co., Ltd.
Reason
Because this is a merger between a wholly owned parent company and its wholly owned subsidiary
Impact on Business Performance
The surviving company's assets are expected to substantially exceed its liabilities after the merger, and the company has determined that there should be no issue with its ability to perform its obligations.
Amount/Quantity Detailsmond Japan Co., Ltd.'s assets of ¥22,149,018, liabilities of ¥3,176,168 and net assets of ¥18,972,850 as of 31 January 2026
| Item | Details |
|---|---|
| Matter Covered | Absorption-Type Merger |
| Decision-Making Body | Howtelevision,Inc. and mond Japan Co., Ltd. |
| Decision Date | 29 September 2026 (date the merger agreement was signed) |
| Implementation Date | 1 December 2026 (scheduled effective date; subject to change by agreement) |
| Period Covered | On or after 1 December 2026 (after the effective date) |
| Amount | Merger consideration: none; increase in surviving company's stated capital: ¥0; increase in capital reserve: ¥0; increase in other reserves: ¥0 |
| Quantity / scale | Howtelevision,Inc. holds all of the issued shares of mond Japan Co., Ltd. |
| Impact on Business Performance | The surviving company's assets are expected to substantially exceed its liabilities after the merger, and the company has determined that there should be no issue with its ability to perform its obligations. |
| Reason | Because this is a merger between a wholly owned parent company and its wholly owned subsidiary |
| Governing Rule | Companies Act, Articles 748, 2(27), 782(1), 784(1), 794(1) and 796(2); Ordinance for Enforcement of the Companies Act, Articles 182 and 191 |
| Future plans | The company plans to complete the legally required procedures and make the merger effective on 1 December 2026. Any changes to these matters will be disclosed promptly. |
| Amount/Quantity Details | mond Japan Co., Ltd.'s assets of ¥22,149,018, liabilities of ¥3,176,168 and net assets of ¥18,972,850 as of 31 January 2026 |
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.As this is a merger between a wholly owned parent company and its wholly owned subsidiary, no merger consideration will be paid. The company also expects no issues with the surviving company's ability to perform its obligations after the merger.
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