Nichias Corporation
Notice Regarding Absorption-Type Merger of Wholly Owned Subsidiary (Simplified and Short-Form Merger)
Nichias Corporation will absorb its wholly owned subsidiary Nichias Sealtec Corporation effective April 1, 2026, aiming to streamline the group’s manufacturing system.
Key Figures
- Merger Effective Date: Scheduled for April 1, 2026
- Nichias Corporation Capital: 12,128 million JPY
- Nichias Sealtec Corporation Capital: 50 million JPY
AI要約
Overview of the Merger
Nichias Corporation resolved at its Board of Directors meeting to absorb its wholly owned subsidiary, Nichias Sealtec Corporation, effective April 1, 2026. This merger will be conducted by simplified and short-form merger procedures without the approval of the shareholders’ meeting. There will be no issuance of new shares or monetary payment related to the merger, and Nichias Sealtec will be dissolved. The purpose of the merger is to consolidate and streamline the manufacturing system within the group and establish a more efficient business operating structure.
Impact and Outlook After the Merger
After the merger, there will be no change to the name, location, representative, business operations, capital, or fiscal year-end of Nichias Corporation. Since this merger is with a wholly owned subsidiary, the impact on consolidated financial results is expected to be minimal.
