Decision and Details
Prior disclosure information of the surviving company in the absorption-type merger between HEIWADO CO.,LTD. and 福井南部商業開発株式会社
Statutory prior disclosure pursuant to Article 794, Paragraph 1 of the Companies Act and Article 191 of the Ordinance for Enforcement of the Companies Act. As HEIWADO CO.,LTD. holds all of the issued shares of 福井南部商業開発株式会社, no cash or other consideration, new shares or other merger consideration will be paid. The financial condition of both HEIWADO CO.,LTD. and 福井南部商業開発株式会社 is also sound.
HEIWADO CO.,LTD.'s stated capital and capital reserve will not increase. There are no concerns regarding the performance of obligations after the merger.
| Item | Details |
|---|---|
| Matter Covered | Prior disclosure information of the surviving company in the absorption-type merger between HEIWADO CO.,LTD. and 福井南部商業開発株式会社 |
| Amount | HEIWADO CO.,LTD. assets: ¥307,868 million; liabilities: ¥115,842 million; net assets: ¥192,026 million (consolidated) / 福井南部商業開発株式会社 assets: ¥3,097 million; liabilities: ¥2,338 million; net assets: ¥758 million (non-consolidated) |
| Quantity / scale | HEIWADO CO.,LTD. holds all of the issued shares of 福井南部商業開発株式会社 |
| Impact on Business Performance | HEIWADO CO.,LTD.'s stated capital and capital reserve will not increase. There are no concerns regarding the performance of obligations after the merger. |
| Reason | Statutory prior disclosure pursuant to Article 794, Paragraph 1 of the Companies Act and Article 191 of the Ordinance for Enforcement of the Companies Act. As HEIWADO CO.,LTD. holds all of the issued shares of 福井南部商業開発株式会社, no cash or other consideration, new shares or other merger consideration will be paid. The financial condition of both HEIWADO CO.,LTD. and 福井南部商業開発株式会社 is also sound. |
| Governing Rule | Article 794, paragraph 1 of the Companies Act and Article 191 of the Ordinance for Enforcement of the Companies Act |
| Future plans | It states that there are no concerns regarding the performance of HEIWADO CO.,LTD.'s obligations after the date on which the absorption-type merger takes effect, but the effective date itself is Not disclosed |
Items this document does not state (5)
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.Statutory prior disclosure pursuant to Article 794, Paragraph 1 of the Companies Act and Article 191 of the Ordinance for Enforcement of the Companies Act. As HEIWADO CO.,LTD. holds all of the issued shares of 福井南部商業開発株式会社, no merger consideration will be paid, and HEIWADO CO.,LTD.'s stated capital and capital reserve will not increase. It also states that the financial condition of both companies is sound and that there are no concerns regarding the performance of obligations after the merger.