Nippon Seiro Co., Ltd.

5010.T
Oil & Gas Refining & Marketing
2026/10/08 19:22 Updated
Market Cap: $38.9M (¥6.1B)
Stock Price: $1.97 (¥311)
Exchange Rate: 1 USD = ¥157.98

Notice Regarding Absorption-Type Merger of Wholly Owned Subsidiary (Simplified and Short-Form Merger)

Resolved to carry out an absorption-type merger with wholly owned subsidiary Techno Wax as the surviving company and Nippon Seiro Co., Ltd. as the dissolving company, effective January 1, 2027 (planned). It will be a simplified and short-form merger without share allocation, and the impact on the Company's consolidated results is expected to be minimal.

Importance:
Page Updated: September 29, 2026
IR Disclosure Date: September 29, 2026

Key Figures

  • Effective date of this absorption-type merger: 2027-01-01 (planned)
  • Merger agreement execution date: 2026-09-29
  • Surviving company: Nippon Seiro Co., Ltd.
  • Dissolving company: Techno Wax Co., Ltd.
  • Capital, fiscal year-end and major shareholders remain unchanged (no change after the merger)

AI要約

Overview of the Merger

An absorption-type merger will be implemented with wholly owned subsidiary Techno Wax Co., Ltd. as the surviving company and Nippon Seiro Co., Ltd. as the dissolving company, effective January 1, 2027 (planned). Both the board resolution date and the merger agreement execution date are September 29, 2026, and because the merger will be conducted as a simplified and short-form absorption-type merger, approval at a shareholders' meeting is not required.

Impact on Performance and Structure

Because this absorption-type merger is a reorganization between wholly owned subsidiaries, the impact on the Company's consolidated results is expected to be minimal. There are no stock acquisition rights to be addressed, and no allocation of shares will occur.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Nippon Seiro Co., Ltd.

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