Decision and Details
An absorption-type company split under which the rights and obligations relating to the Media & Solutions business will be transferred to the successor company
As the successor company is a wholly owned subsidiary of the transferring company, it has been determined that not providing consideration is appropriate; assets are expected to exceed liabilities after the company split, and no situation that would impede the performance of obligations is currently anticipated
| Item | Details |
|---|---|
| Matter Covered | An absorption-type company split under which the rights and obligations relating to the Media & Solutions business will be transferred to the successor company |
| Decision Date | 20 May 2026 (date of execution of the absorption-type company split agreement) |
| Implementation Date | 1 October 2026 (scheduled; effective date) |
| Amount | Consideration: no shares, cash or other property will be delivered; total assets of the successor company: ¥30 million; stated capital of the successor company: ¥30 million |
| Quantity / scale | An absorption-type company split involving CIW分割準備会社B, a wholly owned subsidiary of the transferring company |
| Reason | As the successor company is a wholly owned subsidiary of the transferring company, it has been determined that not providing consideration is appropriate; assets are expected to exceed liabilities after the company split, and no situation that would impede the performance of obligations is currently anticipated |
| Governing Rule | Article 782, paragraph 1 of the Companies Act; Article 183 of the Ordinance for Enforcement of the Companies Act; Article 794, paragraph 1 of the Companies Act; Article 192 of the Ordinance for Enforcement of the Companies Act |
| Future plans | The absorption-type company split will be carried out with 1 October 2026 as the effective date; if any changes arise in these matters, the revised details will be disclosed promptly |
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 successor company is a wholly owned subsidiary of the transferring company, it has been determined that not providing consideration is appropriate. It has also been determined that there are no expected issues regarding either company's ability to perform its obligations after the company split.