Decision and Details
Absorption-type company split
The demerged company and the successor company discussed and determined the consideration, taking into account that the successor company is a wholly owned subsidiary. The successor company is also not scheduled to increase its stated capital or capital reserves, and the consideration was deemed appropriate in light of its financial condition and other factors.
No circumstances that would impede the performance of the obligations of either the demerged company or the successor company after the company split are expected, and the companies were judged likely to perform their obligations. The specific impact on results: Not disclosed.
| Item | Details |
|---|---|
| Matter Covered | Absorption-type company split |
| Decision Date | 17 August 2026 (date of execution of the absorption-type company split agreement) |
| Implementation Date | 1 October 2026 (scheduled; effective date) |
| Quantity / scale | Delivery of 200 common shares of ミツウロコスポーツ |
| Impact on Business Performance | No circumstances that would impede the performance of the obligations of either the demerged company or the successor company after the company split are expected, and the companies were judged likely to perform their obligations. The specific impact on results: Not disclosed. |
| Reason | The demerged company and the successor company discussed and determined the consideration, taking into account that the successor company is a wholly owned subsidiary. The successor company is also not scheduled to increase its stated capital or capital reserves, and the consideration was deemed appropriate in light of its financial condition and other factors. |
| 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 | Scheduled to become effective on 1 October 2026. If any matter changes after the date on which the documents are first made available for inspection, the revised information will be disclosed immediately. |
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.The demerged company and the successor company discussed and determined the consideration, as the successor company is a wholly owned subsidiary and the consideration was deemed appropriate in light of its financial condition and other factors.