Komori
M&A and Subsidiary Changes9369K.R.S.CorporationTransportation and Logistics

Notice Regarding the Succession of a Business through a Company Split (Simplified Absorption-Type Company Split)

The sales, warehousing and transportation businesses in Hokkaido will change from K.R.S.Corporation and キユーソーティス株式会社 to their wholly owned subsidiary キユーソー北海道株式会社 through an absorption-type company split. Employees of the Hokkaido operations of 株式会社キユーソーエルプラン, who perform cargo-handling functions, are also expected to join that company.

Worth reading
44Recurring
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
5540
¥ millions (operating revenue of the transferred division, fiscal year ended November 2025)
Wording
Conditional
How definitive the wording is.

This transaction

This company split (absorption-type company split)
CounterpartyK.R.S.Corporation, キユーソーティス株式会社
Disclosing companyK.R.S.Corporation
キユーソー北海道株式会社Subject of this transactionVoting rights ownership percentage Before 100% (major shareholder and shareholding ratio of the successor company) (after not disclosed)
TimelineThe spacing between the points is proportional to the actual number of days.White points represent dates designated as scheduled dates in the document.
Target company

Warehousing, motor truck transportation, freight forwarding and other businesses

Location Ishikari, HokkaidoShare capital ¥20 millionDate of incorporation 26 May 2026
Consideration and expenses
Acquisition priceNo consideration (no monetary or other consideration will be paid)
Type of ConsiderationNo consideration (no cash or other consideration will be paid)
Impact on Business Performance

The impact on the company's consolidated results will be immaterial.

Procedures and assumptions
Conditions Precedent to ExecutionShareholders' meeting approval is not required. No shareholders' meeting will be held to approve the company split agreement.
Management structure after acquisitionThere will be no changes following this company split to the names, locations, titles and names of representatives, business descriptions, capital or fiscal year-end dates of the companies involved. Employees of the Hokkaido operations of 株式会社キユーソーエルプラン are expected to join キユーソー北海道株式会社 to strengthen its organizational structure.
This transaction
ItemDetails
Transaction nameThis company split (absorption-type company split)
Counterparty nameK.R.S.Corporation, キユーソーティス株式会社
Name of the Subject Companyキユーソー北海道株式会社
Business Description of the Subject CompanyWarehousing, motor truck transportation, freight forwarding and other businesses
Location of the Subject CompanyIshikari, Hokkaido
Capital Stock of the Subject Company¥20 million
Date of Establishment of the Subject Company26 May 2026
Acquisition priceNo consideration (no monetary or other consideration will be paid)
Type of ConsiderationNo consideration (no cash or other consideration will be paid)
Voting rights ownership percentageBefore 100% (major shareholder and shareholding ratio of the successor company) (after not disclosed)
Impact on Business PerformanceThe impact on the company's consolidated results will be immaterial.
Date of board resolution26 June 2026
Contract Date26 June 2026
Execution Date / Effective Date1 December 2026 (予定)
Conditions Precedent to ExecutionShareholders' meeting approval is not required. No shareholders' meeting will be held to approve the company split agreement.
Management structure after acquisitionThere will be no changes following this company split to the names, locations, titles and names of representatives, business descriptions, capital or fiscal year-end dates of the companies involved. Employees of the Hokkaido operations of 株式会社キユーソーエルプラン are expected to join キユーソー北海道株式会社 to strengthen its organizational structure.
Items this document does not state (16)
Net Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountAmount of extraordinary income (loss)Valuation 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.

To consolidate the Hokkaido logistics businesses, comprising sales, warehousing and transportation, under キユーソー北海道株式会社 as the Company expands, optimizes and streamlines its logistics infrastructure, and to build an optimal logistics operation in Hokkaido through an integrated three-part logistics structure.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Succession of a Business through a Company Split (Simplified Absorption-Type Company Split) | K.R.S.Corporation (9369) timely disclosure | Komori