J-Oil Mills, Inc.
Notice Regarding the Absorption-Type Merger of a Wholly Owned Subsidiary (Simple Merger / Short-Form Merger)
J-Oil Mills, Inc. will absorb its wholly owned subsidiary J-Wakamatsu Service Co., Ltd. as of April 1, 2026, aiming to strengthen governance and improve operational efficiency.
Key Figures
- Scheduled Merger Date: 2026-04-01
- Capital Stock of Surviving Company: 10,000 million JPY
- Capital Stock of Dissolving Company: 5 million JPY
AI要約
Purpose and Overview of the Merger
J-Oil Mills, Inc. has decided to absorb its wholly owned subsidiary J-Wakamatsu Service Co., Ltd. with the objective of strengthening governance across the entire group and improving operational efficiency. This merger will consolidate manufacturing, logistics, and administrative functions within the company, aiming to enhance efficiency of operations and strengthen the quality, safety, and stable supply system through unified management of management resources. The company will be responsible for shipment and supply systems, with a policy to minimize customer impact during the transition.
Merger Details and Impact on Business Performance
The merger will become effective on April 1, 2026, and will be implemented by means of a simple merger/short-form merger. J-Wakamatsu Service Co., Ltd. will be dissolved, with J-Oil Mills, Inc. as the surviving company. There will be no allocation of shares or cash, nor any handling of stock acquisition rights related to the merger. Since this is a merger between wholly owned subsidiaries, the impact on consolidated business performance is expected to be minimal. The company name, location, representative, capital stock, and fiscal year-end will remain unchanged after the merger.
