Sun Frontier Fudousan Co., Ltd.
Notice Regarding Absorption-type Merger of Wholly Owned Subsidiary (Simplified and Short-form Merger)
Sun Frontier Fudosan Co., Ltd. will absorb its wholly owned subsidiary, Kawakami Seihon Co., Ltd., as of April 1, 2026, to enhance operational efficiency. There will be no issuance of new shares or cash payment associated with the merger.
Key Figures
- Merger Effective Date: Scheduled for April 1, 2026
- Surviving Company Capital: 11,965 million yen
- Dissolving Company Capital: 10 million yen
AI要約
Overview of the Merger
Sun Frontier Fudosan Co., Ltd. has resolved to absorb its wholly owned subsidiary, Kawakami Seihon Co., Ltd., effective April 1, 2026. Kawakami Seihon Co., Ltd. is engaged in real estate leasing, and the purpose of the merger is to commercialize the buildings it owns as products of the replanning business. This merger qualifies as a simplified and short-form merger and does not require approval at a shareholders’ meeting. There will be no issuance of new shares or payment of cash related to the merger.
Post-Merger Status and Future Outlook
There will be no changes after the merger to the trade name, head office location, representative, business content, capital, or fiscal year-end. Because this merger is with a wholly owned subsidiary, the impact on consolidated financial results is expected to be minimal.
