Decision and Details
Absorption-type company split involving the rights and obligations related to the FTTH business
The consideration was determined following an evaluation of the assets and rights and obligations to be transferred and discussions between the company and the successor company. At present, no circumstances, or possibility thereof, that would hinder the performance of the two companies' obligations after the effective date have been identified.
| Item | Details |
|---|---|
| Matter Covered | Absorption-type company split involving the rights and obligations related to the FTTH business |
| Decision Date | 10 February 2026 (date of execution of the absorption-type company split agreement) |
| Amount | Increase in stated capital: ¥0; increase in capital reserves: ¥0; total assets on the successor company's balance sheet: ¥2 million; total liabilities: ¥0 |
| Quantity / scale | Common shares to be issued by the successor company and delivered to SoftBank: 292,626 shares |
| Reason | The consideration was determined following an evaluation of the assets and rights and obligations to be transferred and discussions between the company and the successor company. At present, no circumstances, or possibility thereof, that would hinder the performance of the two companies' obligations after the effective date have been identified. |
| Governing Rule | Companies Act, Article 782, Paragraph 1, Item 2; Ordinance for Enforcement of the Companies Act, Article 183; Ordinance on Company Accounting, Article 37, Paragraph 1 |
| Future plans | After the effective date of the absorption-type company split, 竹芝準備7号株式会社 will succeed to the rights and obligations subject to the transfer. The effective date is Not disclosed. |
Items this document does not state (5)
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.The consideration was determined following an evaluation of the assets and rights and obligations to be transferred and discussions between SoftBank and the successor company. The two companies currently recognize no circumstances that would hinder the performance of their obligations after the effective date and have determined that those obligations are expected to be performed.