Decision and Details
Extraordinary shareholders meeting of 株式会社ケイセブン (approval of the share exchange agreement) / 栗林商船 (implementation of the simplified share exchange)Post-event disclosure matters relating to the share exchange
To make 栗林商船 the wholly owning parent company in the share exchange and 株式会社ケイセブン its wholly owned subsidiary, pursuant to the share exchange agreement executed on 20 January 2026
| Item | Details |
|---|---|
| Matter Covered | Post-event disclosure matters relating to the share exchange |
| Decision-Making Body | Extraordinary shareholders meeting of 株式会社ケイセブン (approval of the share exchange agreement) / 栗林商船 (implementation of the simplified share exchange) |
| Decision Date | 20 January 2026 (date the share exchange agreement was executed), 25 February 2026 (resolution of the extraordinary shareholders meeting of 株式会社ケイセブン) |
| Implementation Date | 1 April 2026 (effective date; completed) |
| Amount | Increase in stated capital: ¥0; increase in capital reserve: an amount separately determined by 栗林商船 in accordance with Article 39 of the Ordinance on Company Accounting; increase in retained earnings reserve: ¥0 |
| Quantity / scale | Common shares of 株式会社ケイセブン transferred: 88,400 shares; common shares of 栗林商船 delivered: 6,188 shares; exchange ratio: 0.07 shares of 栗林商船 for each share of 株式会社ケイセブン |
| Reason | To make 栗林商船 the wholly owning parent company in the share exchange and 株式会社ケイセブン its wholly owned subsidiary, pursuant to the share exchange agreement executed on 20 January 2026 |
| Governing Rule | Article 791, paragraph 1, item 2 and Article 801, paragraph 3, item 3 of the Companies Act; Article 190 of the Ordinance for Enforcement of the Companies Act; Articles 783, paragraph 1, 784-2, 785, 787, 789, 795, paragraph 1, 796, paragraphs 2 and 3, 796-2, 797 and 799 of the Companies Act; Article 161, paragraph 2 of the Act on Book-Entry Transfer of Corporate Bonds and Shares; Article 39 of the Ordinance on Company Accounting |
| Related previous disclosures | Share exchange agreement executed on 20 January 2026 (referenced in the body; disclosure title: Not disclosed) |
Items this document does not state (3)
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.To make 栗林商船 the wholly owning parent company and 株式会社ケイセブン its wholly owned subsidiary, pursuant to the share exchange agreement executed on 20 January 2026.