Decision and Details
Advance disclosure document concerning the absorption-type merger (this merger)
Merger between a wholly owned parent and its wholly owned subsidiary
Following the effective date, no circumstances that would impede the performance of obligations are currently anticipated with respect to earnings or cash flow. Following the effective date, assets are expected to exceed liabilities by a sufficient margin.
| Item | Details |
|---|---|
| Matter Covered | Advance disclosure document concerning the absorption-type merger (this merger) |
| Decision Date | 18 June 2026 (date of execution of the merger agreement) |
| Implementation Date | 1 September 2026 (scheduled effective date) |
| Amount | Merger consideration: none (no-consideration merger) |
| Quantity / scale | 40,000 issued shares of デリカ食品株式会社; 100% ownership by Maxvalu Tokai Co.,Ltd. |
| Impact on Business Performance | Following the effective date, no circumstances that would impede the performance of obligations are currently anticipated with respect to earnings or cash flow. Following the effective date, assets are expected to exceed liabilities by a sufficient margin. |
| Reason | Merger between a wholly owned parent and its wholly owned subsidiary |
| Governing Rule | Article 794, paragraph 1 of the Companies Act; Article 191 of the Ordinance for Enforcement of the Companies Act; Article 782, paragraph 1 of the Companies Act; Article 182 of the Ordinance for Enforcement of the Companies Act; Article 796, paragraph 2 of the Companies Act; and Article 784, paragraph 1 of the Companies Act |
| Future plans | The merger is scheduled to take effect on 1 September 2026. If any of the disclosed information changes after the date on which advance disclosure begins, the revised information will be disclosed immediately. |
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.Other than the fact that this is a merger between a wholly owned parent company and its wholly owned subsidiary, the document does not explicitly state the reasons for or background to the merger.