Howtelevision, Inc.
Notice Regarding Absorption-Type Merger of a Consolidated Subsidiary
Resolved to absorb consolidated subsidiary mond Japan Co., Ltd. Howtelevision, Inc. will be the surviving company and mond Japan will be dissolved. The merger is a simple merger with no consideration; the effective date is expected to be December 1, 2026. Impact on consolidated results is expected to be negligible.
Key Figures
- Number of Outstanding Shares: 2,720,882 shares (surviving company)
- Capital: 10 million yen (both parties)
- Net Sales (Consolidated): 2,558 million yen
- Net Income Attributable to Owners of Parent: 96 million yen
AI要約
Overview of the Merger
A resolution has been passed to absorb the consolidated subsidiary mond Japan Co., Ltd. Howtelevision, Inc. will be the surviving company and mond Japan will be dissolved. The merger is a simple merger with no consideration; mond Japan Co., Ltd. is a wholly owned subsidiary of the Company, and the current fiscal year-end will not change. The merger is assumed to become effective on December 1, 2026.
Expected Impact and Schedule
This merger is a reorganization between the Company and its wholly owned subsidiary, and the impact on consolidated financial results is expected to be minor. There will be no general shareholders meeting; approval will proceed without a shareholders meeting (merger agreement signing date: 2026-09-29; expected effective date: 2026-12-01).
Howtelevision, Inc.
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