O-Well Corporation
Notice of Absorption-Type Merger with Wholly Owned Subsidiary (Simplified Merger)
O-Well will absorb its wholly owned subsidiary Meihou Shoji by merger effective April 1, 2027. The surviving company will be O-Well. As this is a simplified merger, a shareholders meeting will be omitted. There will be no treatment of stock acquisition rights. The impact on future consolidated results is expected to be minor.
Key Figures
- Capital: 857 million yen → 10 million yen (post-merger change not detailed)
- Total Number of Issued Shares: 10,500,000 shares
- Fiscal Period-End: Fiscal year ending March 2026 (consolidated) / Fiscal year ending August 2025 (non-consolidated)
AI要約
Overview and Purpose of the Merger
As part of business expansion through M&A under the medium-term management plan MAP24-26's growth investment areas, following the acquisition of all shares of Meihou Shoji and its conversion into a wholly owned subsidiary at the end of October 2025, O-Well will further absorb Meihou Shoji by merger. The surviving company will be O-Well and Meihou Shoji will be dissolved. Because this is a simplified merger, there will be no allocation of shares or cash.
Merger Schedule and Impact
The merger schedule is: board resolution date October 14, 2026; merger agreement signing date October 15, 2026 (planned); effective date April 1, 2027 (planned). This merger falls under a simplified merger, so no shareholders meeting will be held. There will be no changes to the company name, location, representative, business description, capital, or fiscal year after the merger. The impact on consolidated results is expected to be minor.
O-Well Corporation
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