Decision and Details
Absorption-Type Merger
Because this is a merger between a wholly owned parent company and its wholly owned subsidiary
Following the merger, the surviving company's assets are expected to substantially exceed its liabilities, and no circumstances that would impede the performance of its obligations are currently anticipated.
| Item | Details |
|---|---|
| Matter Covered | Absorption-Type Merger |
| Decision Date | 1 December 2025 (date the absorption-type merger agreement was executed) |
| Implementation Date | 1 March 2026 (scheduled effective date) |
| Amount | Merger consideration: none |
| Impact on Business Performance | Following the merger, the surviving company's assets are expected to substantially exceed its liabilities, and no circumstances that would impede the performance of its obligations are currently anticipated. |
| Reason | Because this is a merger between a wholly owned parent company and its wholly owned subsidiary |
| Governing Rule | Article 794, Paragraph 1 of the Companies Act; Article 191 of the Regulations for Enforcement of the Companies Act; Article 782, Paragraph 1 of the Companies Act; and Article 182 of the Regulations for Enforcement of the Companies Act |
| Future plans | The absorption-type merger is scheduled to become effective on 1 March 2026. If any changes occur in the disclosed information after the start date of the prior disclosure period, the revised information will be disclosed immediately. |
Items this document does not state (4)
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.As this is a merger between a wholly owned parent company and its wholly owned subsidiary, no merger consideration will be paid. It also states that, following the merger, the surviving company's assets will continue to substantially exceed its liabilities, and no circumstances that would impede the performance of its obligations are currently anticipated.