Worth reading
83Important
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
22970393
SharesWording
Definitive
How definitive the wording is.Decision and Details
Olympicグループ Annual General Meeting of Shareholders, Olympicグループ Board of Directors, PPIH (simplified share exchange)Post-event disclosure relating to the share exchange
Decision6 April 2026 (date of execution of the share exchange agreement); 28 May 2026 (resolutions of the Olympicグループ Annual General Meeting of Shareholders and Board of Directors)
Period CoveredFrom the record time until after the effective date of the share exchange
Implementation1 July 2026 (effective date; completed)
AmountIncrease in stated capital: ¥0; increase in legal reserve: ¥0; capital reserve: an amount separately determined by PPIH in accordance with Article 39 of the Company Calculation Regulations
Quantity / scaleOlympicグループ shares transferred: 22,970,393; treasury shares cancelled: 383,830; PPIH common shares delivered: 27,105,063; share exchange ratio: 1.18 PPIH common shares for each Olympicグループ common share; dissenting shareholders: 1 shareholder, 18,500 shares
Reason
Because it was based on the share exchange agreement pursuant to which PPIH became the wholly owning parent company in the share exchange and Olympicグループ became the wholly owned subsidiary. Because PPIH received notice from the Japan Fair Trade Commission that it would not issue a cease-and-desist order.
| Item | Details |
|---|---|
| Matter Covered | Post-event disclosure relating to the share exchange |
| Decision-Making Body | Olympicグループ Annual General Meeting of Shareholders, Olympicグループ Board of Directors, PPIH (simplified share exchange) |
| Decision Date | 6 April 2026 (date of execution of the share exchange agreement); 28 May 2026 (resolutions of the Olympicグループ Annual General Meeting of Shareholders and Board of Directors) |
| Implementation Date | 1 July 2026 (effective date; completed) |
| Period Covered | From the record time until after the effective date of the share exchange |
| Amount | Increase in stated capital: ¥0; increase in legal reserve: ¥0; capital reserve: an amount separately determined by PPIH in accordance with Article 39 of the Company Calculation Regulations |
| Quantity / scale | Olympicグループ shares transferred: 22,970,393; treasury shares cancelled: 383,830; PPIH common shares delivered: 27,105,063; share exchange ratio: 1.18 PPIH common shares for each Olympicグループ common share; dissenting shareholders: 1 shareholder, 18,500 shares |
| Reason | Because it was based on the share exchange agreement pursuant to which PPIH became the wholly owning parent company in the share exchange and Olympicグループ became the wholly owned subsidiary. Because PPIH received notice from the Japan Fair Trade Commission that it would not issue a cease-and-desist order. |
| Governing Rule | Companies Act, Article 791, paragraph 1, item 2; Article 801, paragraph 3, item 3; Article 783, paragraph 1; Article 785; Article 787; Article 789; Article 795, paragraph 1; Article 796, paragraphs 2 and 3; Article 796-2; Article 797; Article 799; Ordinance for Enforcement of the Companies Act, Articles 190 and 197; Act on Book-Entry Transfer of Company Bonds and Shares, Articles 155, paragraph 2, and 161, paragraph 2; Company Calculation Regulations, Article 39 |
| Related previous disclosures | Share exchange agreement dated 6 April 2026 |
Items this document does not state (2)
Impact on Business PerformanceFuture plans
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 was carried out under the share exchange agreement pursuant to which PPIH became the wholly owning parent company in the share exchange and Olympicグループ became the wholly owned subsidiary. PPIH received notice from the Japan Fair Trade Commission that it would not issue a cease-and-desist order regarding the acquisition of shares.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.