Nittetsu Mining Co., Ltd.
Notice Regarding Company Split (Simplified Absorption-Type Company Split) with Wholly-Owned Subsidiary (Yotsuura Kieseki Co., Ltd.)
Nippon Steel Mining Co., Ltd. will succeed the Nitate District Kieseki business of its wholly-owned subsidiary Yotsuura Kieseki Co., Ltd. by absorption-type company split effective April 1, 2026, aiming to improve management efficiency.
Key Figures
- Succeeded business net sales: 292 million JPY (Fiscal Year Ending March 2025)
- Succeeded total assets: 15 million JPY (As of the end of March 2025)
- Succeeded total liabilities: 10 million JPY (As of the end of March 2025)
AI要約
Overview of Company Split
Nippon Steel Mining Co., Ltd. has decided to succeed the Nitate District Kieseki business of its wholly-owned subsidiary Yotsuura Kieseki Co., Ltd. by absorption-type company split effective April 1, 2026. This company split will be conducted by a simplified absorption-type company split method and does not require approval by the shareholders’ meeting. There will be no increase in capital stock due to the succession, and assets of 15 million JPY and liabilities of 10 million JPY related to the business will be succeeded.
Performance and Impact
The net sales of the Nitate District Kieseki business for the fiscal year ending March 2025 amounted to 292 million JPY. As this company split is an organizational restructuring between wholly-owned subsidiaries, there will be no impact on consolidated financial results. After the split, there will be no changes to the company name, representative, capital stock, or fiscal year-end of Nippon Steel Mining Co., Ltd.
