{"id":126433,"date":"2026-10-02T18:51:47","date_gmt":"2026-10-02T09:51:47","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/2331-20261001-01_wp_corporate_restructuring\/"},"modified":"2026-10-02T18:51:47","modified_gmt":"2026-10-02T09:51:47","slug":"2331-20261001-01_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-2331\/ir\/2331-20261001-01_wp_corporate_restructuring\/","title":{"rendered":"Notice Regarding Absorption-Type Merger of Japan Dry Chemical Co., Ltd. by TCG2511 Co., Ltd. Resulting in Consolidated Subsidiary Status"},"content":{"rendered":"<p>TCG2511 Co., Ltd. will absorb Japan Dry Chemical Co., Ltd. and establish a holding company. Business will continue under the new NDC name and TCG2511 will acquire NDC shares to accelerate integration of Alsok Co.,Ltd.&#8217;s disaster prevention businesses. Effective date is scheduled for January 2027.<\/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":"2331","jir_company_name":"Alsok Co.,Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-10-01","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/2331-20261001-01.pdf","jir_short_summary":"TCG2511 Co., Ltd. will absorb Japan Dry Chemical Co., Ltd. and establish a holding company. Business will continue under the new NDC name and TCG2511 will acquire NDC shares to accelerate integration of Alsok Co.,Ltd.'s disaster prevention businesses. Effective date is scheduled for January 2027.","jir_summary":"### Overview of M&A and Organizational Restructuring\nThis matter involves TCG2511 Co., Ltd. absorbing Japan Dry Chemical Co., Ltd. as the surviving company and, on the same date, establishing a holding company via a sole share transfer to strengthen integration of Alsok Co.,Ltd.'s disaster prevention businesses. TCG2511 will make NDC a consolidated subsidiary by acquiring NDC shares; conditions presented include using NDC's common shares (4,400,000 shares) as consideration based on the number of shares after a reverse split. The effective date for practical purposes is scheduled for January 1, 2027.\n\n### Outlook and Impact\nThe financial impact is currently under review and will be disclosed as soon as matters requiring publication arise. This reorganization aims to strengthen capital and personnel relationships, and its effect on consolidated results is undetermined. While growth opportunities under the new structure after NDC integration are expected, details such as actual acquisition consideration and changes in shareholding ratios are limited to the information disclosed in the materials.","jir_financial_highlights":"Consolidated Assets: Unknown (Unknown)\nConsolidated Net Assets: Unknown (Unknown)\nNet Income Attributable to Owners of Parent: Unknown (Unknown)","jir_category":"","jir_hashtags":"#ALSOK, #absorption_merger, #organizational_restructuring","jir_key_figures":"Major shareholders of TCG2511 Co., Ltd.: CJP V HC Holdings XI, L.P. 72%, Alsok Co.,Ltd. 28%\nMajor shareholders of NDC: TCG2511 Co., Ltd. 75%, Alsok Co.,Ltd. 25%\nConsideration for this absorption-type merger: NDC common shares (1 share) stated as consideration (based on number of shares after reverse split)","jir_meta_title":"Alsok Co.,Ltd. Announces Consolidated Subsidiary Status via Absorption-Type Merger\uff5cEffective January 1, 2027","jir_meta_description":"TCG2511 Co., Ltd. announced the absorption-type merger of Japan Dry Chemical Co., Ltd. and the establishment of a holding company to strengthen Alsok Co.,Ltd.'s disaster prevention business. The effective date is scheduled for January 1, 2027.","jir_og_title":"Alsok Co.,Ltd. Announces Consolidated Subsidiary Status via Absorption-Type Merger\uff5cEffective January 1, 2027","jir_og_description":"TCG2511 will absorb Japan Dry Chemical. Through holding company formation and acquisition of NDC shares, integration of disaster prevention businesses will be advanced. Financial impact remains undetermined.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7756,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-126433","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Notice Regarding Absorption-Type Merger of Japan Dry Chemical Co., Ltd. by TCG2511 Co., Ltd. Resulting in Consolidated Subsidiary Status - Japan IR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/japanir.jp\/en\/company\/company-2331\/ir\/2331-20261001-01_wp_corporate_restructuring\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/japanir.jp\/en\/company\/company-2331\/ir\/2331-20261001-01_wp_corporate_restructuring\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-2331\/ir\/2331-20261001-01_wp_corporate_restructuring\/\",\"name\":\"Notice Regarding Absorption-Type Merger of Japan Dry Chemical Co., Ltd. by TCG2511 Co., Ltd. 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