Wakita & Co.,LTD.
Notice Regarding Absorption-type Merger of Consolidated Subsidiary (Simple Merger / Short-form Merger)
Resolves to absorb and merge our consolidated subsidiary Cordia. The surviving company will be Wakita & Co., and no shareholder meeting approval is required for the short-form merger. Schedule: resolution on 2026-09-24, contract signing on 2026-10-19, effective date expected 2027-01-01. Further disclosures will be made as additional information becomes available. No major changes to the post-merger basic information, and the financial impact is expected to be minor.
Key Figures
- Surviving company name: Wakita & Co., Ltd.
- Disappearing company name: Cordia, Ltd.
- Merger schedule: Merger contract approval on 2026-09-24 / Merger contract signing on 2026-10-19 (planned) / Merger date 2027-01-01 (planned)
AI要約
Purpose and structure of the merger
This merger is an absorption-type merger in which Wakita & Co., Ltd. (the 100% subsidiary) will survive, and Cordia will be dissolved. The aim is to unify real estate ownership within the group by integrating Cordia's land leasing business with Wakita's real estate rental business.
Upcoming schedule and impact
Merger contract approval date is September 24, 2026; contract execution date is October 19, 2026; merger effective date is January 1, 2027. There will be no new share issuance, capital increase, or merger consideration payment, and there will be no stock options issued to the disappearing company. The impact on consolidated earnings is expected to be minor, and any required additional information will be disclosed in due course.
Wakita & Co.,LTD.
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