Rengo Co., Ltd.
Notice of Absorption-Type Merger of Wholly-Owned Subsidiary (Simplified and Short-Form Merger)
Resolved to merge wholly-owned subsidiary Daiko Paper into Rengo Co., Ltd. through an absorption-type merger. Effective date scheduled for 2027-10-01; as this is a simplified and short-form merger, shareholder meeting approval is not required. Expected to have minimal impact on future consolidated results.
Key Figures
- Merger Schedule: Board resolution date 2026/11/05, Scheduled effective date 2027/10/01
- Surviving Company: Rengo Co., Ltd., Dissolved Company: Daiko Paper Co., Ltd.
- Capital: Rengo Co., Ltd. 31,066 million yen, Daiko Paper Co., Ltd. 450 million yen
AI要約
Overview of the Merger
Rengo Co., Ltd. resolved at a Board of Directors meeting to absorb and merge its wholly-owned subsidiary Daiko Paper Co., Ltd. The surviving company will be Rengo Co., Ltd., and the dissolved company will be Daiko Paper Co., Ltd., with an effective date scheduled for 2027-10-01. As this merger qualifies as a simplified merger and a short-form merger, it will be executed without approval at a shareholders meeting. No share allocation for Daiko Paper will be made. There will be no treatment of stock acquisition rights.
Expected Impact and Outlook
This absorption merger between Rengo Co., Ltd. and Daiko Paper Co., Ltd. is expected to have only a minor impact on consolidated results. Through consolidation and efficiency of management resources, Rengo aims to strengthen the profitability of its panel business, including kraft pulp and paper operations.
Rengo Co., Ltd.
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