Daido Steel Co., Ltd. will absorb its wholly owned subsidiary Daido IT Solutions Co., Ltd. as of January 1, 2027, aiming to promote DX and strengthen IT strategic planning 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-03-30","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/5471-20260330-01.pdf","jir_short_summary":"Daido Steel Co., Ltd. will absorb its wholly owned subsidiary Daido IT Solutions Co., Ltd. as of January 1, 2027, aiming to promote DX and strengthen IT strategic planning capabilities.","jir_summary":"### Purpose and Overview of the Merger\nDaido Steel Co., Ltd. resolved to absorb its wholly owned subsidiary Daido IT Solutions Co., Ltd. with an effective date of January 1, 2027. The purpose of the merger is to accelerate business transformation utilizing digital technologies and promote DX by strengthening IT strategic planning capabilities as well as the effective utilization and development of human resources. The merger will be conducted as a simplified and short-form merger, with no allotment of shares or payment of consideration.\n\n### Post-Merger Conditions and Future Outlook\nAfter the merger, there will be no changes to the company name, location, representative, business content, capital, or fiscal year of Daido Steel Co., Ltd. Since the merger is with a wholly owned subsidiary, the impact on consolidated financial results is expected to be minor. Additional disclosures will be made as necessary in the future.","jir_financial_highlights":"Equity Attributable to Owners of Parent (Daido Steel Co., Ltd.): 429,278 million yen (unknown)\nNet Assets (Daido IT Solutions Co., Ltd.): 935 million yen (unknown)\nRevenue (Daido Steel Co., Ltd.): 574,945 million yen (unknown)\nNet Sales (Daido IT Solutions Co., Ltd.): 6,473 million yen (unknown)\nOperating Income (Daido Steel Co., Ltd.): 39,408 million yen (unknown)\nOperating Income (Daido IT Solutions Co., Ltd.): 282 million yen (unknown)","jir_category":"","jir_hashtags":"#DaidoSteelCoLtd, #AbsorptionMerger, #CorporateRestructuring","jir_key_figures":"Merger Effective Date: January 1, 2027 (planned)\nDaido Steel Co., Ltd. Equity Attributable to Owners of Parent: 429,278 million yen\nDaido IT Solutions Co., Ltd. Net Assets: 935 million yen","jir_meta_title":"Daido Steel Co., Ltd. to Absorb Wholly Owned Subsidiary Daido IT Solutions as of January 1, 2027","jir_meta_description":"Daido Steel Co., Ltd. will absorb its wholly owned subsidiary Daido IT Solutions Co., Ltd. as of January 1, 2027, to strengthen DX promotion. The impact on consolidated results is expected to be minor.","jir_og_title":"Daido Steel Resolves Absorption Merger of Wholly Owned Subsidiary","jir_og_description":"Daido Steel Co., Ltd. will absorb its wholly owned subsidiary as of January 1, 2027, accelerating IT strategy strengthening and DX promotion.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":8070,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-37652","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n