Mos Food Services, Inc.
Announcement Regarding Absorption-Type Merger of Wholly Owned Subsidiary (Simplified and Short-Form Merger)
Effective April 1, 2026, Mos Food Services, Inc. will absorb its wholly owned subsidiary, Mos Credit Co., Ltd., to enhance operational efficiency. There will be no issuance of new shares or monetary payments associated with the merger. The impact on consolidated earnings is expected to be minimal.
Key Figures
- Scheduled Merger Date: 2026-04-01
- Capital of Mos Credit Co., Ltd.: 300 million yen
- Sales of Mos Credit Co., Ltd. (Fiscal Year ending March 2025): 1,773 million yen
AI要約
Overview of the Merger
Mos Food Services, Inc. has resolved to absorb its wholly owned subsidiary, Mos Credit Co., Ltd., effective April 1, 2026. The merger will be conducted as a simplified and short-form merger, and shareholder meeting approval for the merger agreement is not required. There will be no issuance of new shares or monetary payments due to the merger, and Mos Credit Co., Ltd. will be dissolved.
Purpose of the Merger and Impact on Performance
Mos Credit offers financial lending services to affiliated stores, insurance agency services, and rental services. This merger is executed to streamline operations across the entire group. There will be no changes to trade name, location, representative, capital, or fiscal year-end after the merger. The impact on consolidated earnings is expected to be minor.
