Komori
M&A and Subsidiary Changes9503The Kansai Electric Power Company,IncorporatedElectricity and gas

Notice Regarding the Absorption-Type Merger of a Consolidated Subsidiary (Simplified and Short-Form Merger): KE Fuel International Co., Ltd.

The Kansai Electric Power Company, Incorporated will absorb its wholly owned subsidiary KE Fuel International Co., Ltd. through an absorption-type merger, and the subsidiary will be dissolved. The effective date is scheduled for 1 April 2025, with no new shares to be issued and no merger consideration to be paid.

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This transaction

The Merger
Counterparty (target company)ケーイーフューエルインターナショナル株式会社
Disclosing companyThe Kansai Electric Power Company,Incorporated
Subject of this transactionNumber of shares acquired Not applicable(吸収合併による株式取得ではない)Voting rights ownership percentage Before 100.00% → after Not applicable(合併によりKEFI社は解散)
TimelineThe spacing between the points is proportional to the actual number of days.56 days from 締結 to 実行.White points represent dates designated as scheduled dates in the document.
Target company

LNG等の燃料の売買、LNG等の燃料の輸送 等

Location Kita-ku, Osaka CityShare capital ¥10 millionDate of incorporation 2015 年 10 月 30 日
Net Sales46,189 百万円(2024 年 3 月期)
Operating profit3,356 百万円(2024 年 3 月期)
Net income for the current fiscal year2,433 百万円(2024 年 3 月期)
Net assets3,362 百万円(2024 年 3 月期)
Consideration and expenses
Acquisition priceNot applicable(本合併による新株式の発行及び合併交付金の支払いはありません)
Type of ConsiderationNo consideration (no new shares will be issued and no merger consideration will be paid)
Merger ratio/share exchange ratioNot applicable(新株式の発行及び合併交付金の支払いなし)
Tender offer priceNot applicable(公開買付けではない)
Minimum number of shares to be purchasedNot applicable(公開買付けではない)
Tender offer periodNot applicable(公開買付けではない)
Funding arrangementsNot applicable(対価・合併交付金の支払いなし)
Impact on Business Performance

本合併に伴う連結業績への影響は軽微です。

Procedures and assumptions
Management structure after acquisition本合併による当社の名称、所在地、代表者の役職・氏名、事業内容、資本金、決算期に変更はありません。
This transaction
ItemDetails
Transaction nameThe Merger
Counterparty nameケーイーフューエルインターナショナル株式会社
Name of the Subject Companyケーイーフューエルインターナショナル株式会社
Business Description of the Subject CompanyLNG等の燃料の売買、LNG等の燃料の輸送 等
Location of the Subject CompanyKita-ku, Osaka City
Capital Stock of the Subject Company¥10 million
Date of Establishment of the Subject Company2015 年 10 月 30 日
Net Sales of the Subject Company46,189 百万円(2024 年 3 月期)
Operating Profit of the Subject Company3,356 百万円(2024 年 3 月期)
Net Income of the Subject Company2,433 百万円(2024 年 3 月期)
Net Assets of the Subject Company3,362 百万円(2024 年 3 月期)
Acquisition priceNot applicable(本合併による新株式の発行及び合併交付金の支払いはありません)
Type of ConsiderationNo consideration (no new shares will be issued and no merger consideration will be paid)
Merger ratio/share exchange ratioNot applicable(新株式の発行及び合併交付金の支払いなし)
Tender offer priceNot applicable(公開買付けではない)
Minimum number of shares to be purchasedNot applicable(公開買付けではない)
Tender offer periodNot applicable(公開買付けではない)
Number of shares acquiredNot applicable(吸収合併による株式取得ではない)
Voting rights ownership percentageBefore 100.00% → after Not applicable(合併によりKEFI社は解散)
Funding arrangementsNot applicable(対価・合併交付金の支払いなし)
Impact on Business Performance本合併に伴う連結業績への影響は軽微です。
Contract Date2025 年 2 月 4 日
Execution Date / Effective Date2025 年 4 月 1 日(予定)
Management structure after acquisition本合併による当社の名称、所在地、代表者の役職・氏名、事業内容、資本金、決算期に変更はありません。
Items this document does not state (8)
Expenses other than the acquisition priceGoodwill amountAmount of extraordinary income (loss)Date of board resolutionValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution

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.

効率的な業務運営を図るため。

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.
Notice Regarding the Absorption-Type Merger of a Consolidated Subsidiary (Simplified and Short-Form Merger): KE Fuel International Co., Ltd. | The Kansai Electric Power Company,Incorporated (9503) timely disclosure | Komori