JAPAN Creative Platform Group Co., Ltd.
Notice Regarding Complete Subsidiarization Through Share Acquisition and Simplified Merger by Share Exchange of City Road
Disclosure of the resolution and schedule for complete subsidiarization via share exchange, with the viability of the share exchange contingent on a simplified share exchange procedure that does not require a shareholders' meeting. Overview of City Road's share acquisition and share exchange, allocation ratio of 26.16 shares of our common stock per City Road share, 392,400 issued shares, acquisition value of 111 million yen including 26 million yen of advisory fees, with minimal expected impact on future performance.
Key Figures
- Share exchange ratio: Our common stock 26.16 shares / City Road ordinary share 1 share
- Number of issued shares: 392,400 shares
- Acquisition value: 85 million yen
- Advisory costs: 26 million yen
- Total: 111 million yen
AI要約
Overview of this matter
Today, we plan to implement a simplified share exchange to achieve complete subsidiarization of City Road through a share transfer and share exchange, choosing a procedure that does not require a shareholders' meeting. The issued shares are 392,400, the share exchange ratio is 26.16 times, and the acquisition value is 85 million yen plus 26 million yen in advisory costs, totaling 111 million yen.
Impact and upcoming schedule
Approval for the share exchange is expected to come after City Road's extraordinary shareholders meeting on September 26, 2026, with the effective date scheduled for October 2, 2026. Assuming the deemed acquisition date as December 31, 2026, the impact on the consolidated results for the 2026 fiscal year is anticipated to be minimal.
Nihon Soatsu Group Co., Ltd.
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