{"id":132551,"date":"2026-10-19T15:44:57","date_gmt":"2026-10-19T06:44:57","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/4450-20261019-01_wp_corporate_restructuring\/"},"modified":"2026-10-19T15:44:57","modified_gmt":"2026-10-19T06:44:57","slug":"4450-20261019-01_wp_corporate_restructuring","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-4450\/ir\/4450-20261019-01_wp_corporate_restructuring\/","title":{"rendered":"Notice Regarding Merger Between Consolidated Subsidiaries"},"content":{"rendered":"<p>A decision was made to effect an absorption-type merger between consolidated subsidiaries. Execution will be the surviving company; Hakkou Systems will be dissolved. The merger is scheduled for January 1, 2027, with no allocation. The consolidated impact on the parent company is described as negligible.<\/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":"4450","jir_company_name":"Power Solutions, Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-10-19","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/4450-20261019-01.pdf","jir_short_summary":"A decision was made to effect an absorption-type merger between consolidated subsidiaries. Execution will be the surviving company; Hakkou Systems will be dissolved. The merger is scheduled for January 1, 2027, with no allocation. The consolidated impact on the parent company is described as negligible.","jir_summary":"### Overview of the Merger\nOur consolidated subsidiary Execution will be the surviving company in an absorption-type merger. Hakkou Systems will be dissolved. The merger is a reorganization between wholly owned subsidiaries, and because no new shares will be issued nor cash consideration paid at this time, the impact on our consolidated results is expected to be negligible.\n\n### Schedule and Impact Going Forward\nThe merger agreement signing is scheduled for November 2026, and the effective date is planned for 2027-01-01. Should any changes occur to the announced details, they will be disclosed promptly. The financial impact of the merger is considered negligible, and no significant immediate effect on current financial figures is anticipated.","jir_financial_highlights":"Merger method: Absorption-type merger with Execution as the surviving company (Unknown)\nMerger schedule (planned): Merger agreement signing: November 2026; Effective date: 2027-01-01 (planned) (Unknown)\nIssuance of new shares: None (Unknown)","jir_category":"","jir_hashtags":"#CompanyIR, #OrganizationalRestructuring, #Merger","jir_key_figures":"Merger method: Absorption-type merger (Surviving company: Execution \/ Dissolved company: Hakkou Systems)\nPlanned merger schedule: Agreement signing November 2026, Effective date 2027-01-01 (planned)\nCapital transaction: No issuance of new shares or cash consideration","jir_meta_title":"Power Solutions, Ltd. Decides Absorption-Type Merger Between Consolidated Subsidiaries | Effective January 1, 2027 (Planned)","jir_meta_description":"Power Solutions, Ltd. has resolved an absorption-type merger between consolidated subsidiaries. Execution will be the surviving company and Hakkou Systems will be dissolved. The merger schedule plans for agreement signing in November 2026 and an effective date of January 1, 2027. Financial impact is expected to be negligible.","jir_og_title":"Power Solutions, Ltd. Decides Absorption-Type Merger Between Consolidated Subsidiaries | Effective January 1, 2027 (Planned)","jir_og_description":"An absorption-type merger between consolidated subsidiaries has been resolved. Execution will be the surviving company and Hakkou Systems will be dissolved. The merger agreement is planned for November 2026, with an effective date of January 1, 2027 (planned).","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":59547,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-132551","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 Merger Between Consolidated Subsidiaries - 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-4450\/ir\/4450-20261019-01_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-4450\/ir\/4450-20261019-01_wp_corporate_restructuring\/\",\"url\":\"https:\/\/japanir.jp\/en\/company\/company-4450\/ir\/4450-20261019-01_wp_corporate_restructuring\/\",\"name\":\"Notice Regarding Merger Between Consolidated Subsidiaries - 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