Kyowa Electronic Instruments Co., Ltd.
Notice Regarding Absorption-Type Merger with Three Wholly Owned Subsidiaries
Resolved to carry out an absorption-type merger in which three wholly owned subsidiaries will be dissolved. The surviving company will be Kyowa Electronic Instruments Co., Ltd., and the dissolving companies are Yamagata Kyowa Electric, Kofu Kyowa Electric, and Kyowa Service Center. The effective date of the merger is scheduled to be January 1, 2027. The impact on financial results is expected to be minor.
Key Figures
- Net Assets 18,214 million yen
- Total Assets 23,744 million yen
- Number of Issued Shares 25,961,100 shares (surviving company in the absorption-type merger)
AI要約
Overview of the Merger
At the Board of Directors meeting held on October 26, 2026, the Company resolved to carry out an absorption-type merger with its wholly owned subsidiaries Yamagata Kyowa Electric, Kofu Kyowa Electric, and Kyowa Service Center as the dissolved companies. The surviving company will be Kyowa Electronic Instruments Co., Ltd., and the absorption-type merger agreement was concluded on the same day. This merger is a simple and abbreviated absorption-type merger among wholly owned subsidiaries, and shareholder meeting approval is not required.
Purpose and Schedule of the Merger
The purpose is to integrate production, development, and after-sales service, strengthen linkage across the value chain, and improve management efficiency, capital efficiency, and governance. The merger will take effect on January 1, 2027 (scheduled). The basic agreement was signed on July 31, 2026, and the absorption-type merger agreement was signed on October 26, 2026.
Kyowa Electronic Instruments Co., Ltd.
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