ITmedia Inc.
Notice of Absorption-type Merger of Our wholly owned subsidiary Net Vision, Ltd.
The Board of Directors resolved to absorb Net Vision, Ltd., a wholly owned subsidiary, through absorption-type merger. Effective date is October 1, 2026. Continuing company: IT Media Co., Ltd.; target company: Net Vision, Ltd. No share issuance, no capital increase, and no new stock acquisition rights for the disappearing company. After the merger, no change in trade name, address, representative, or business. Impact on group consolidated results considered minor.
Key Figures
- Capital: 1,910 million yen (the target company is 3 million yen)
- Net sales: 8,311 million yen
- Operating income: 1,765 million yen
AI要約
Merger overview
The wholly owned subsidiary Net Vision, Ltd. will be absorbed by the surviving company IT Media Co., Ltd. The merger will be implemented through simplified procedures without approval of the general meeting of shareholders, and the effective date is scheduled for October 1, 2026. As this is an absorption-type merger of a wholly owned subsidiary, there will be no issuance of new shares, no increase in capital, and no merger consideration payments. The target company has not issued stock warrants.
Impact and governance going forward
There will be no changes to the company’s name, location, representative, business contents, capital, or fiscal period after the merger, and the impact on the group’s consolidated results is expected to be minor. With regulatory relaxations for preserving domains reducing the need for continued existence, the group aims to unify, streamline, and reduce administrative costs.
ITmedia Inc.
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