Worth reading
80Important
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Neutral
Direction inferred from the company’s description.Scale
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Displayed only when the document provides numerical figures.Wording
Definitive
How definitive the wording is.Decision and Details
Post-merger disclosure matters relating to the absorption-type merger
Decision9 June 2026 (date the merger agreement was executed)
Implementation1 September 2026 (effective date; completed)
AmountMerger consideration: none (without consideration)
Quantity / scaleAll assets, liabilities and other rights and obligations of 備中開発株式会社 assumed; 備中開発株式会社 is a wholly owned subsidiary of IZUMI; 180 issued common shares (備中開発株式会社)
Reason
Because this was a merger without consideration between a wholly owned parent company and its wholly owned subsidiary
| Item | Details |
|---|---|
| Matter Covered | Post-merger disclosure matters relating to the absorption-type merger |
| Decision Date | 9 June 2026 (date the merger agreement was executed) |
| Implementation Date | 1 September 2026 (effective date; completed) |
| Amount | Merger consideration: none (without consideration) |
| Quantity / scale | All assets, liabilities and other rights and obligations of 備中開発株式会社 assumed; 備中開発株式会社 is a wholly owned subsidiary of IZUMI; 180 issued common shares (備中開発株式会社) |
| Reason | Because this was a merger without consideration between a wholly owned parent company and its wholly owned subsidiary |
| Governing Rule | Article 801, paragraph 1 of the Companies Act; Article 200 of the Ordinance for Enforcement of the Companies Act; 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; Article 784, paragraph 1 of the Companies Act; Articles 789, 799 and 921 of the Companies Act |
Items this document does not state (5)
Decision-Making BodyPeriod CoveredImpact on Business PerformanceRelated previous disclosuresFuture plans
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 document states that the merger was conducted as a merger without consideration between a wholly owned parent company and its wholly owned subsidiary because 備中開発株式会社 is a wholly owned subsidiary of IZUMI.
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