Decision and Details
Board of Directors (meeting held on 25 March 2026)Merger by absorption in which HEIWADO CO., LTD. is the surviving company and 福井南部商業開発株式会社 is the absorbed company
The merger was conducted to strengthen the operating capabilities of the Group and improve management efficiency.
The merger was conducted to strengthen the operating capabilities of the Group and improve management efficiency. No specific impact on results is disclosed.
| Item | Details |
|---|---|
| Matter Covered | Merger by absorption in which HEIWADO CO., LTD. is the surviving company and 福井南部商業開発株式会社 is the absorbed company |
| Decision-Making Body | Board of Directors (meeting held on 25 March 2026) |
| Decision Date | 25 March 2026 |
| Implementation Date | 21 August 2026 (completed; effective date) |
| Amount | Merger consideration: none; assets of 福井南部商業開発株式会社 (non-consolidated): ¥3,097 million; liabilities: ¥2,338 million; net assets: ¥758 million; assets of HEIWADO CO., LTD. (consolidated): ¥307,868 million; liabilities: ¥115,842 million; net assets: ¥192,026 million |
| Quantity / scale | All shares of 福井南部商業開発株式会社 held; assets, liabilities, contractual positions and all rights and obligations incidental thereto assumed |
| Impact on Business Performance | The merger was conducted to strengthen the operating capabilities of the Group and improve management efficiency. No specific impact on results is disclosed. |
| Reason | The merger was conducted to strengthen the operating capabilities of the Group and improve management efficiency. |
| Governing Rule | Companies Act, Article 801(1); Ordinance for Enforcement of the Companies Act, Article 200; Companies Act, Article 782(1); Ordinance for Enforcement of the Companies Act, Article 182; Companies Act, Article 921 |
| Related previous disclosures | Merger agreement dated 25 March 2026; official gazette notice dated 13 July 2026 |
Items this document does not state (2)
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 merger was conducted to strengthen the operating capabilities of the Group and improve management efficiency.