Fujita Kanko Inc.
Notice Regarding Absorption Merger Between Consolidated Subsidiaries and Changes to Specified Subsidiaries
Fujita Kanko Inc. will absorb its consolidated subsidiaries WHG West Japan Co., Ltd. and WHG Kansai Co., Ltd. through an absorption merger effective July 1, 2026, aiming to strengthen organizational capabilities. No stock allocation will occur in conjunction with the merger.
Key Figures
- Effective Date of Merger: Scheduled for July 1, 2026
- WHG West Japan Net Sales: 3,891 million yen (Fiscal Year Ending December 2025)
- WHG Kansai Net Sales: 2,398 million yen (Fiscal Year Ending December 2025)
AI要約
Overview of the Merger
Fujita Kanko Inc. has resolved to proceed with an absorption merger between its consolidated subsidiaries WHG West Japan Co., Ltd. and WHG Kansai Co., Ltd. WHG West Japan will serve as the surviving company, while WHG Kansai will be the disappearing company, with the effective date scheduled for July 1, 2026. Both companies operate hotel businesses in the Kyushu/Okinawa region and the Kinki region, respectively. The merger aims to enhance organizational strength and improve workforce mobility. There will be no stock allocation or handling of stock acquisition rights associated with the merger.
Impact on Shareholders and Business Performance
Since this merger is conducted between consolidated subsidiaries of Fujita Kanko Inc., the impact on the Company's consolidated financial results is expected to be minor. Post-merger, there will be no changes to the surviving company's name, location, representative, capital stock, or fiscal year-end. The most recent fiscal year net sales of WHG West Japan and WHG Kansai were 3,891 million yen and 2,398 million yen, operating income was 648 million yen and 641 million yen, and net income attributable to owners of the parent was 452 million yen and 500 million yen, respectively.
