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M&A and Subsidiary Changes8129TOHO HOLDINGS CO.,LTD.Trading & Wholesale

Notice Concerning an Absorption-Type Merger with a Consolidated Subsidiary (Simplified Merger)

東邦ホールディングス will absorb 東邦システムサービス, its wholly owned subsidiary, which will be dissolved. No shares or cash will be allotted or paid.

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This transaction

This merger
Counterparty (target company)東邦システムサービス Co., Ltd.
Disclosing companyTOHO HOLDINGS CO.,LTD.
Subject of this transactionVoting rights ownership percentage Before 100% (as of 31 March 2026) → after not applicable (東邦システムサービス will be dissolved)
TimelineThe spacing between the points is proportional to the actual number of days.
Target company

Information Processing Business

Location Setagaya-ku, TokyoShare capital ¥10 millionDate of incorporation 19 July 1988
Net Sales¥1,162 million (31 March 2026)
Operating profit¥93 million (31 March 2026)
Net income for the current fiscal year¥61 million (31 March 2026)
Net assets¥144 million (31 March 2026)
Consideration and expenses
Acquisition priceNo shares or other consideration, including cash, will be allotted or paid.
Type of ConsiderationNo consideration will be paid (no shares or other consideration, including cash, will be allotted or paid).
Impact on Business Performance

The impact on the Company's consolidated results will be immaterial.

Procedures and assumptions
Conditions Precedent to ExecutionNo shareholders' meeting will be held (東邦ホールディングス will conduct a simplified merger, and 東邦システムサービス will conduct a short-form merger).
Management structure after acquisitionThe merger will not result in any changes to the Company's name, location, the title or name of its representative, business activities, capital or fiscal year-end.
This transaction
ItemDetails
Transaction nameThis merger
Counterparty name東邦システムサービス Co., Ltd.
Name of the Subject Company東邦システムサービス Co., Ltd.
Business Description of the Subject CompanyInformation Processing Business
Location of the Subject CompanySetagaya-ku, Tokyo
Capital Stock of the Subject Company¥10 million
Date of Establishment of the Subject Company19 July 1988
Net Sales of the Subject Company¥1,162 million (31 March 2026)
Operating Profit of the Subject Company¥93 million (31 March 2026)
Net Income of the Subject Company¥61 million (31 March 2026)
Net Assets of the Subject Company¥144 million (31 March 2026)
Acquisition priceNo shares or other consideration, including cash, will be allotted or paid.
Type of ConsiderationNo consideration will be paid (no shares or other consideration, including cash, will be allotted or paid).
Voting rights ownership percentageBefore 100% (as of 31 March 2026) → after not applicable (東邦システムサービス will be dissolved)
Impact on Business PerformanceThe impact on the Company's consolidated results will be immaterial.
Date of board resolution15 July 2026
Contract Date17 August 2026 (scheduled)
Execution Date / Effective Date1 October 2026 (scheduled)
Conditions Precedent to ExecutionNo shareholders' meeting will be held (東邦ホールディングス will conduct a simplified merger, and 東邦システムサービス will conduct a short-form merger).
Management structure after acquisitionThe merger will not result in any changes to the Company's name, location, the title or name of its representative, business activities, capital or fiscal year-end.
Items this document does not state (12)
Expenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation methodologyIndependent valuation institutionSpecial Committee

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 merger is intended to strengthen the functions of the customer support system in the pharmaceutical wholesale business, enhance and accelerate system development capabilities, and maximize the Group's overall corporate value.

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Notice Concerning an Absorption-Type Merger with a Consolidated Subsidiary (Simplified Merger) | TOHO HOLDINGS CO.,LTD. (8129) timely disclosure | Komori