Decision and Details
Absorption-Type Merger
Because this is a merger between a wholly owned parent company and its wholly owned subsidiary
No situation that would impede the surviving company's performance of its obligations is 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 | No situation that would impede the surviving company's performance of its obligations is 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 take effect on 1 March 2026. If any matter changes after the start date of the pre-merger disclosure period, the revised details 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.The document states that this is a merger between a wholly owned parent company and its wholly owned subsidiary and constitutes pre-merger disclosure under the Companies Act and the Ordinance for Enforcement of the Companies Act. It also states that, with respect to the surviving company after the merger, its assets are expected to substantially exceed its liabilities and no situation is currently anticipated that would impede the performance of its obligations.