Today, it has been decided to make Youko a wholly owned subsidiary through a share exchange. The exchange ratio is 879 NAC shares for 1 Youko share, and the issued shares are 351,600 (NAC common shares). The planned effective date is October 1, 2026. The medium- to long-term growth strategy accelerates expansion of the Duskin business and area expansion.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"9788","jir_company_name":"NAC Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-08-28","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/08\/9788-20260828-01.pdf","jir_short_summary":"Today, it has been decided to make Youko a wholly owned subsidiary through a share exchange. The exchange ratio is 879 NAC shares for 1 Youko share, and the issued shares are 351,600 (NAC common shares). The planned effective date is October 1, 2026. The medium- to long-term growth strategy accelerates expansion of the Duskin business and area expansion.","jir_summary":"### Purpose and content of this share exchange\nNAC will implement a simplified share exchange to make Youko a wholly owned subsidiary, aiming to expand the Duskin franchise network centered in Chiba Prefecture and strengthen regionally-focused sales. The allocation ratio is 879 NAC shares per 1 Youko share, and the issued shares are 351,600 (treasury stock). The scheduled effective date is October 1, 2026.\n\n### Evaluation, basis, and future outlook\nTo ensure fairness, third-party FAS will be commissioned to value the share price. Using the market price method and DCF method in combination, the validity of the share exchange ratio will be assessed. The impact on consolidated results is expected to be minor, and any items to be disclosed in the future will be announced.","jir_financial_highlights":"Consolidated net sales: unknown (unknown)\nConsolidated operating income: unknown (unknown)\nNet income attributable to parent company shareholders: unknown (unknown)","jir_category":"","jir_hashtags":"#NAC, #ShareExchange, #Reorganization","jir_key_figures":"Share exchange ratio: NAC common stock 879 shares \u2194 Youko stock 1 share\nNumber of issued shares related to this share exchange: 351,600 shares\nSchedule: Effective date October 1, 2026 (planned)","jir_meta_title":"NAC: Complete Subsidiary through Simplified Share Exchange\uff5cScheduled October 1, 2026","jir_meta_description":"NAC will make Youko a wholly owned subsidiary via share exchange. Share exchange ratio is 1 to 879, and issued shares are 351,600. Scheduled date is October 1, 2026. Accelerating expansion of Duskin franchise areas and growth strategy.","jir_og_title":"NAC: Complete Subsidiary through Simplified Share Exchange\uff5cScheduled October 1, 2026","jir_og_description":"NAC will make Youko a wholly owned subsidiary through share exchange. Allocation ratio is 1 to 879, and issued shares are 351,600. Focus on future business expansion and growth strategy.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":57545,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-108255","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n