Pan Pacific International Holdings Corporation
Notice on Completion of Olympic Group as a Wholly Owned Subsidiary through Simplified Share Exchange
Wholly owned Olympic Group through a share exchange. Effective date is July 1, 2026. Impact on consolidated results is under examination, with additional disclosures planned.
Key Figures
- Effective date of share exchange: 2026年7月1日
- Olympic Group holding ratio: 100%
- Olympic Group capital: 9,946 million yen
AI要約
Background and procedures
This share exchange was implemented following the share exchange agreement announced on April 6, 2026, and related procedures, with the Company becoming the wholly owning parent of the share-exchange and the Olympic Group becoming a wholly owned subsidiary via the share exchange. There was opposition from only one shareholder, and approvals were obtained for the target.
Future impact and disclosures
The impact of this share exchange on the consolidated results from the 2027 fiscal year onward is currently under examination, and any additional disclosure items will be promptly announced. An overview of the Olympic Group has been reported.
Pan Pacific International Holdings Corporation
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