Komori
M&A and Subsidiary Changes7578NICHIRYOKU CO.,LTD.Retail

(Discontinuation of Previously Disclosed Matters) Notice Regarding the Cancellation of the Business Transfer to a Subsidiary, Transition to a Company with an Audit and Supervisory Committee, Change of Corporate Name, Partial Amendments to the Articles of Incorporation, and Change of a Subsidiary's Corporate Name

The transfer of a business to a subsidiary, the transition to a holding company structure, the transition to a company with an audit and supervisory committee, changes to the corporate name and Articles of Incorporation, and other measures announced on 26 May 2026 have been discontinued. Accordingly, the current structure will be maintained for the time being.

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This transaction

Transition to a Holding Company Structure
Date of board resolution21 July 2026
Impact on Business Performance

The impact of this matter on financial results is immaterial.

Procedures and assumptions
Management structure after acquisitionThe Company states that it will maintain the current structure, but provides no specific disclosure regarding the management structure after the acquisition: Not disclosed
This transaction
ItemDetails
Transaction nameTransition to a Holding Company Structure
Impact on Business PerformanceThe impact of this matter on financial results is immaterial.
Date of board resolution21 July 2026
Management structure after acquisitionThe Company states that it will maintain the current structure, but provides no specific disclosure regarding the management structure after the acquisition: Not disclosed
Items this document does not state (28)
Counterparty nameName of the Subject CompanyBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Contract DateExecution Date / Effective DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution

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.

In light of the business environment, the status of discussions with relevant parties, and the unexpected passing of the chair of the Board of Directors, the Company determined that, at this time, it should prioritize stabilizing its management foundation under the current structure, strengthening its governance structure, and concentrating management resources on improving the profitability of its existing businesses rather than transitioning to a holding company structure.

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.
(Discontinuation of Previously Disclosed Matters) Notice Regarding the Cancellation of the Business Transfer to a Subsidiary, Transition to a Company with an Audit and Supervisory Committee, Change of Corporate Name, Partial Amendments to the Articles of Incorporation, and Change of a Subsidiary's Corporate Name | NICHIRYOKU CO.,LTD. (7578) timely disclosure | Komori