IHI Corporation
Notice Regarding Absorption-Type Merger (Simplified Merger) of the Company and Its Consolidated Subsidiary
The Company has resolved to absorb its consolidated subsidiary IHI Segment Corporation as of April 1, 2026, and will write off approximately 3.4 billion yen of receivables. The impact on consolidated financial results due to the merger is expected to be minor.
Key Figures
- Effective date of merger: April 1, 2026
- Amount of receivables written off: Approximately 3.4 billion yen (short-term loan receivables)
- Current period consolidated earnings guidance Revenue: 1,640,000 million yen (Fiscal year ending March 2026)
AI要約
Overview of Absorption-Type Merger
IHI Corporation has resolved to absorb its consolidated subsidiary, IHI Segment Corporation, effective April 1, 2026. The merger will be conducted via a simplified absorption-type merger method, and IHI Segment will be dissolved. Prior to the merger, the Company will write off approximately 3.4 billion yen of short-term loan receivables it holds against IHI Segment to eliminate merger losses before implementing the merger. There will be no stock allocation or treatment of subscription rights to shares associated with the merger.
Purpose of the Merger and Future Outlook
The purpose of this merger is to incorporate IHI Segment, which holds residual assets after the transfer of the concrete building materials business in 2025, thereby promoting more efficient business operations within the group. There will be no changes to the trade name, representative, capital stock, or fiscal year-end after the merger. The impact on consolidated financial performance is expected to be minor, and there will be no significant changes to the consolidated earnings guidance for the fiscal year ending March 2026.