Decision and Details
The board of directors of each companyPost-merger disclosure document concerning the absorption-type merger
Because this was a merger without consideration between a wholly owned parent company and its wholly owned subsidiaries, it qualified as a simplified merger for Tobu Railway and an abbreviated merger for the 3 disappearing companies.
No impact on financial results is stated. The document states that no circumstances are currently anticipated that would impede the surviving company's performance of its obligations.
| Item | Details |
|---|---|
| Matter Covered | Post-merger disclosure document concerning the absorption-type merger |
| Decision-Making Body | The board of directors of each company |
| Decision Date | 24 December 2025 (the date the merger agreement was executed; the document states that each company obtained approval through a resolution of its board of directors) |
| Implementation Date | 1 April 2026 (effective date; completed) |
| Period Covered | On or after 1 April 2026 (after the effective date of the merger) |
| Amount | Merger consideration: none; increase in Tobu Railway's stated capital and reserves: none |
| Quantity / scale | 3 disappearing companies in the absorption-type merger (東武インターテック株式会社, 東武エンジニアリング株式会社 and 東武ステーションサービス株式会社) |
| Impact on Business Performance | No impact on financial results is stated. The document states that no circumstances are currently anticipated that would impede the surviving company's performance of its obligations. |
| Reason | Because this was a merger without consideration between a wholly owned parent company and its wholly owned subsidiaries, it qualified as a simplified merger for Tobu Railway and an abbreviated merger for the 3 disappearing companies. |
| Governing Rule | Article 801, paragraph 1; Article 200 of the Ordinance for Enforcement of the Companies Act; Article 789, paragraph 2; Article 799, paragraphs 2 and 3; Article 796, paragraph 2; Article 784, paragraph 1; Article 794, paragraph 1; Article 191 of the Ordinance for Enforcement of the Companies Act; Article 782, paragraph 1; and Article 182 of the Ordinance for Enforcement of the Companies Act |
| Related previous disclosures | Pre-closing document concerning the absorption-type merger dated 26 January 2026 |
| Future plans | The registration of the change under Article 921 of the Companies Act is scheduled to be completed on 1 April 2026 |
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The merger was between a wholly owned parent company and its wholly owned subsidiaries. It is described as a simplified merger for Tobu Railway and an abbreviated merger for the disappearing companies.