Decision and Details
Merger by absorption in which 株式会社日進 is the absorbed company and SODA NIKKA CO.,LTD. is the surviving company
No merger consideration was paid because the absorbed company is a wholly owned subsidiary of the surviving company; post-merger disclosure under Article 801, Paragraph 1 of the Companies Act and Article 200 of the Ordinance for Enforcement of the Companies Act
Following the merger, the surviving company's assets are expected to substantially exceed its liabilities, and it has been determined that the company is expected to be able to perform its obligations. The amount of the impact on earnings forecasts is Not disclosed
| Item | Details |
|---|---|
| Matter Covered | Merger by absorption in which 株式会社日進 is the absorbed company and SODA NIKKA CO.,LTD. is the surviving company |
| Decision Date | 17 November 2025 (date of execution of the merger agreement) |
| Implementation Date | 1 April 2026 (effective date; completed) |
| Amount | Assets of the surviving company: ¥70,833 million; liabilities: ¥42,177 million; net assets: ¥28,656 million; assets of the absorbed company: ¥443 million; liabilities: ¥233 million; net assets: ¥210 million; merger consideration: none; stated capital and capital reserve: no increase |
| Impact on Business Performance | Following the merger, the surviving company's assets are expected to substantially exceed its liabilities, and it has been determined that the company is expected to be able to perform its obligations. The amount of the impact on earnings forecasts is Not disclosed |
| Reason | No merger consideration was paid because the absorbed company is a wholly owned subsidiary of the surviving company; post-merger disclosure under Article 801, Paragraph 1 of the Companies Act and Article 200 of the Ordinance for Enforcement of the Companies Act |
| Governing Rule | Article 801, Paragraph 1 of the Companies Act; Article 200 of the Ordinance for Enforcement of the Companies Act; Articles 784-2, 785, 787, 789, 796, Paragraph 2, 796-2, 797, 799 and 921 of the Companies Act; Article 782, Paragraph 1 of the Companies Act and Article 182 of the Ordinance for Enforcement of the Companies Act |
| Related previous disclosures | Merger agreement dated 17 November 2025; public notice of the opportunity for creditors to state objections published in the Official Gazette dated 27 January 2026 |
| Future plans | The registration of the changes under Article 921 of the Companies Act is scheduled for 6 April 2026 |
Items this document does not state (3)
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 is a post-merger disclosure required under the Companies Act and the Ordinance for Enforcement of the Companies Act, reporting the implementation of the reorganisation and merger by absorption of a wholly owned subsidiary.