Worth reading
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How definitive the wording is.This transaction
This mergerCounterparty (target company)本州油化株式会社, NK化成株式会社, 北菱イーピーエス株式会社
Disclosing companyJSP Corporation
TimelineThe spacing between the points is proportional to the actual number of days.White points represent dates designated as scheduled dates in the document.
Target company
Processing and sale of expanded polystyrene, expanded polystyrene blocks, and molded expanded polypropylene packaging materials, Molding, processing and sale of expanded polystyrene, and sale of related materials, Manufacture, secondary processing and sale of expanded polystyrene products
Location Maebashi, Gunma Prefecture, Shimotsuma, Ibaraki Prefecture, Ishikari, HokkaidoShare capital ¥50 million, ¥100 million, ¥50 millionDate of incorporation 10 July 1969, 1 May 1970, 1 March 1999
Consideration and expenses
Acquisition priceNot applicable (no new shares will be issued and no cash or other consideration will be allotted in connection with the merger)
Type of ConsiderationNo consideration (no new shares will be issued and no cash or other consideration will be allotted)
Merger ratio/share exchange ratioNot applicable (no new shares will be issued and no cash or other consideration will be allotted). 本州油化株式会社 will be the surviving company, while NK化成株式会社 and 北菱イーピーエス株式会社 will be absorbed companies and dissolved.
Impact on Business Performance
Because this is a merger between wholly owned subsidiaries of JSP Corporation, the impact on consolidated results will be minor.
Procedures and assumptions
Management structure after acquisitionThe corporate name is scheduled to change to "株式会社 JSP ダイアテック" on 1 July 2027. The representative director after the merger has not yet been determined. There will be no changes to the location, business activities, capital or fiscal year-end.
| Item | Details |
|---|---|
| Transaction name | This merger |
| Counterparty name | 本州油化株式会社, NK化成株式会社, 北菱イーピーエス株式会社 |
| Name of the Subject Company | 本州油化株式会社, NK化成株式会社, 北菱イーピーエス株式会社 |
| Business Description of the Subject Company | Processing and sale of expanded polystyrene, expanded polystyrene blocks, and molded expanded polypropylene packaging materials, Molding, processing and sale of expanded polystyrene, and sale of related materials, Manufacture, secondary processing and sale of expanded polystyrene products |
| Location of the Subject Company | Maebashi, Gunma Prefecture, Shimotsuma, Ibaraki Prefecture, Ishikari, Hokkaido |
| Capital Stock of the Subject Company | ¥50 million, ¥100 million, ¥50 million |
| Date of Establishment of the Subject Company | 10 July 1969, 1 May 1970, 1 March 1999 |
| Acquisition price | Not applicable (no new shares will be issued and no cash or other consideration will be allotted in connection with the merger) |
| Type of Consideration | No consideration (no new shares will be issued and no cash or other consideration will be allotted) |
| Merger ratio/share exchange ratio | Not applicable (no new shares will be issued and no cash or other consideration will be allotted). 本州油化株式会社 will be the surviving company, while NK化成株式会社 and 北菱イーピーエス株式会社 will be absorbed companies and dissolved. |
| Voting rights ownership percentage | Before 本州油化株式会社, NK化成株式会社 and 北菱イーピーエス株式会社 are each 100% owned by JSP Corporation (as of 1 August 2026). (after not disclosed) |
| Impact on Business Performance | Because this is a merger between wholly owned subsidiaries of JSP Corporation, the impact on consolidated results will be minor. |
| Date of board resolution | 9 November 2026 |
| Contract Date | 1 February 2027 (予定) |
| Execution Date / Effective Date | 1 July 2027 (予定) |
| Management structure after acquisition | The corporate name is scheduled to change to "株式会社 JSP ダイアテック" on 1 July 2027. The representative director after the merger has not yet been determined. There will be no changes to the location, business activities, capital or fiscal year-end. |
Items this document does not state (16)
Net Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation 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.The purpose is to further improve the efficiency of group management and strengthen governance. By consolidating management resources, streamlining administrative functions and speeding up decision-making, the company aims to optimize the group-wide business operating structure and enhance corporate value.
How to read this page
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