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M&A and Subsidiary Changes8289Olympic Group CorporationRetail

Notice Regarding Approval of the Share Exchange Agreement at the Ordinary General Meeting of Shareholders

The share exchange agreement between the Company and Pan Pacific International Holdings Corporation was approved at the Company's annual general meeting of shareholders. As a result, the Company is scheduled to become a wholly owned subsidiary of PPIH on 1 July 2026, and its shares are scheduled to be delisted.

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This transaction

Name of transaction
CounterpartyPan Pacific International Holdings Corporation
Disclosing companyOlympic Group Corporation
株式会社OlympicグループSubject of this transaction
Execution Date / Effective Date1 July 2026 (scheduled)
Procedures and assumptions
Conditions Precedent to ExecutionApproval of the proposal to approve the share exchange agreement at the Company's annual general meeting of shareholders
Management structure after acquisitionPan Pacific International Holdings Corporation will be the wholly owning parent company in the share exchange, and the Company will be its wholly owned subsidiary
This transaction
ItemDetails
Transaction nameName of transaction
Counterparty namePan Pacific International Holdings Corporation
Name of the Subject Company株式会社Olympicグループ
Execution Date / Effective Date1 July 2026 (scheduled)
Conditions Precedent to ExecutionApproval of the proposal to approve the share exchange agreement at the Company's annual general meeting of shareholders
Management structure after acquisitionPan Pacific International Holdings Corporation will be the wholly owning parent company in the share exchange, and the Company will be its wholly owned subsidiary
Items this document does not state (26)
Business Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Impact on Business PerformanceDate of board resolutionContract DateValuation methodologyIndependent valuation institutionSpecial Committee

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 disclosure explains that the share exchange agreement was approved at the general meeting of shareholders and sets out the upcoming schedule, but does not state the rationale for the transaction.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding Approval of the Share Exchange Agreement at the Ordinary General Meeting of Shareholders | Olympic Group Corporation (8289) timely disclosure | Komori