Decision and Details
Matters subject to prior disclosure concerning the absorption-type company split
No consideration for the split will be delivered because the company succeeding to the business is our wholly owned subsidiary. Following the absorption-type company split, the assets of both the company and the company succeeding to the business are expected to exceed their liabilities, and we have determined that there will be no issue with the performance of obligations.
| Item | Details |
|---|---|
| Matter Covered | Matters subject to prior disclosure concerning the absorption-type company split |
| Decision Date | 26 November 2025 (date of execution of the absorption-type company split agreement) |
| Implementation Date | 1 April 2026 (scheduled effective date) |
| Amount | Consideration for the split: no shares or other consideration will be delivered; イクヨオートモーティブ株式会社's balance sheet as of the date of incorporation: total assets ¥10,000,000, stated capital ¥10,000,000, total equity ¥10,000,000 |
| Quantity / scale | All rights and obligations relating to the businesses operated by us, excluding the group management business and asset management business |
| Reason | No consideration for the split will be delivered because the company succeeding to the business is our wholly owned subsidiary. Following the absorption-type company split, the assets of both the company and the company succeeding to the business are expected to exceed their liabilities, and we have determined that there will be no issue with the performance of obligations. |
| Governing Rule | Article 782, paragraph 1 of the Companies Act and Article 183 of the Ordinance for Enforcement of the Companies Act |
| Future plans | The absorption-type company split is scheduled to take effect on 1 April 2026. Any changes before the effective date will be disclosed immediately. |
Items this document does not state (4)
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 the company succeeding to the business is our wholly owned subsidiary, we determined that it was appropriate not to deliver shares or other consideration. Assets are expected to exceed liabilities after the absorption-type company split, and we have determined that there will be no issue with the performance of obligations.