Izumi Co., Ltd.
Notice of Absorption-Type Merger Among Wholly Owned Subsidiaries
As part of integrating the supermarket business in the Kyushu area, Izumi Co., Ltd. will conduct an absorption-type merger with Yume Mart Kumamoto as the surviving company and Yume Mart Kitakyushu and Sunlife as the dissolved companies, scheduled for March 1, 2027. No new share issuance or cash allocation; Izumi Co., Ltd. will continue to hold 100% of the surviving company's capital. The impact on consolidated results is expected to be minimal.
Key Figures
- Surviving company of absorption-type merger: Yume Mart Kumamoto Co., Ltd.
- Dissolved companies: Yume Mart Kitakyushu Co., Ltd. / Sunlife Co., Ltd.
- Treatment of stock acquisition rights and bonds with stock acquisition rights: Not applicable
AI要約
Overview of the Merger
This merger is an absorption-type merger between wholly owned subsidiaries aimed at integrating the operational structure of the supermarket business in the Kyushu area to strengthen sales support functions, improve back-office efficiency, and enhance group governance. The surviving company will be Yume Mart Kumamoto, and the dissolved companies will be Yume Mart Kitakyushu and Sunlife. The merger will be conducted without new share issuance or cash allocation. The resolution and contract were concluded on October 13, 2026, and the scheduled date is March 1, 2027.
Future Impact and Schedule
After the merger, there will be no changes to company name, location, business content, capital, or fiscal year-end, and the impact on consolidated results is expected to be minimal. There will be no direct new share issuance to shareholders or transfer of funds; since this is a reorganization among wholly owned subsidiaries, dilution effects are unclear, but operational efficiencies from group integration are expected. Procedures will proceed in line with future disclosures and the schedules of the board of directors and shareholders' meetings.
Izumi Co., Ltd.
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