Watanabe Sato Co., Ltd.
Announcement on the Merger by Absorption of a Completely Owned Subsidiary (Simplified Merger / Short-Form Merger)
We will absorb and merge the wholly owned subsidiary SW Techno. The effective date is planned for October 1, 2026. In the merger, Sato-Watanabe will be the surviving company and SW Techno will be dissolved. No new share issuance or cash consideration, and the impact on consolidated results is expected to be minimal.
Key Figures
- Net sales: 33,704 million yen
- Operating income: 1,070 million yen
- Net income attributable to owners of parent: 883 million yen
AI要約
Summary of this merger
We have resolved to absorb and merge the wholly owned subsidiary SW Techno. The surviving company will be Sato-Watanabe; SW Techno will be dissolved. There will be no allocation of new shares or cash, and the merger agreement date and effective date are August 6, 2026 and October 1, 2026 (planned).
Impact and outlook
Because this merger is a procedure between wholly owned subsidiaries, the impact on consolidated results is expected to be minimal. After the merger, there will be no changes to our name, address, or representative, and the business content will remain as is.
Watanabe Sato Co., Ltd.
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