Worth reading
73In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
356707
Number of shares issuedWording
Definitive
How definitive the wording is.Decision and Details
Extraordinary general meeting of shareholders of 三陸運輸; no shareholder meeting approval for 栗林商船 because the transaction was a simplified share exchangePost-event disclosure matters relating to the share exchange
Decision25 February 2026 (resolution of the extraordinary general meeting of shareholders of 三陸運輸); 20 January 2026 (execution of the share exchange agreement)
Implementation1 April 2026 (effective date; completed)
AmountIncrease in stated capital: ¥0; capital reserve: amount separately determined by 栗林商船 in accordance with Article 39 of the Ordinance on Company Accounting; increase in legal capital reserve: ¥0
Quantity / scale三陸運輸 common shares transferred: 81,440; 栗林商船 common shares issued: 356,707; share exchange ratio: 4.38 shares of 栗林商船 for each share of 三陸運輸
Reason
To report the post-event disclosure matters prescribed in Article 791, paragraph 1, item 2; Article 801, paragraph 3, item 3 of the Companies Act; and Article 190 of the Ordinance for Enforcement of the Companies Act
| Item | Details |
|---|---|
| Matter Covered | Post-event disclosure matters relating to the share exchange |
| Decision-Making Body | Extraordinary general meeting of shareholders of 三陸運輸; no shareholder meeting approval for 栗林商船 because the transaction was a simplified share exchange |
| Decision Date | 25 February 2026 (resolution of the extraordinary general meeting of shareholders of 三陸運輸); 20 January 2026 (execution of the share exchange agreement) |
| Implementation Date | 1 April 2026 (effective date; completed) |
| Amount | Increase in stated capital: ¥0; capital reserve: amount separately determined by 栗林商船 in accordance with Article 39 of the Ordinance on Company Accounting; increase in legal capital reserve: ¥0 |
| Quantity / scale | 三陸運輸 common shares transferred: 81,440; 栗林商船 common shares issued: 356,707; share exchange ratio: 4.38 shares of 栗林商船 for each share of 三陸運輸 |
| Reason | To report the post-event disclosure matters prescribed in Article 791, paragraph 1, item 2; Article 801, paragraph 3, item 3 of the Companies Act; and Article 190 of the Ordinance for Enforcement of the Companies Act |
| Governing Rule | Articles 783, paragraph 1; 784-2; 785; 787; 789; 795, paragraph 1; 796, paragraphs 2 and 3; 796-2; 797; 799; 791, paragraph 1, item 2; and 801, paragraph 3, item 3 of the Companies Act; Article 190 of the Ordinance for Enforcement of the Companies Act; Article 161, paragraph 2 of the Act on Book-Entry Transfer of Company Bonds, Shares and Other Securities; Article 39 of the Ordinance on Company Accounting |
| Related previous disclosures | Share exchange agreement executed on 20 January 2026 |
Items this document does not state (3)
Period CoveredImpact on Business PerformanceFuture 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.This is a post-event disclosure concerning the share exchange pursuant to the Companies Act and the Ordinance for Enforcement of the Companies Act. It reports the effectiveness of the share exchange, the progress of the statutory procedures, and the number of shares transferred and issued, among other matters.
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.