Yamato Corporation

1967.T
Engineering & Construction
2026/02/17 Updated
Market Cap: $339.7M (¥51.9B)
Stock Price: $15.17 (¥2,320)
Exchange Rate: 1 USD = ¥152.91

Notice Regarding the Absorption-Type Merger of a Wholly-Owned Subsidiary (Simplified and Short-Form Merger)

Yamato Corporation will absorb its consolidated subsidiary, Yamato Maintenance Co., Ltd., effective October 21, 2026, aiming to improve management efficiency. There will be no allocation of shares due to the merger, and the impact on consolidated earnings is expected to be minimal.

Importance:
Page Updated: February 17, 2026
IR Disclosure Date: February 17, 2026

Key Figures

  • Effective Date of Merger: 2026-10-21 (scheduled)
  • Yamato Maintenance Co., Ltd. Sales: 1,734 million yen (Standalone for Fiscal Year Ending March 2025)
  • Yamato Corporation Capital Stock: 5,000 million yen

AI要約

Overview of the Absorption Merger

Yamato Corporation resolved to absorb its consolidated subsidiary, Yamato Maintenance Co., Ltd., with the effective date set for October 21, 2026. This merger will be carried out by simplified and short-form merger procedures without obtaining approval at the shareholders' meeting. Yamato Maintenance Co., Ltd. mainly handles repair, maintenance, and facility management services after project handovers. The merger aims to improve management efficiency and optimize the use of management resources. There will be no allocation of shares or cash associated with the merger.

Post-Merger Impact and Future Outlook

Following the merger, there will be no changes to Yamato Corporation’s name, location, representative, business operations, capital stock, or fiscal year-end. The impact on consolidated earnings is expected to be minimal, and additional disclosures will be made as necessary. The merger is anticipated to enhance overall group management efficiency, although at this stage the numerical impact is limited.

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