Disclosure of the resolution and schedule for complete subsidiarization via share exchange, with the viability of the share exchange contingent on a simplified share exchange procedure that does not require a shareholders’ meeting. Overview of City Road’s share acquisition and share exchange, allocation ratio of 26.16 shares of our common stock per City Road share, 392,400 issued shares, acquisition value of 111 million yen including 26 million yen of advisory fees, with minimal expected impact on future 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-07-03","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/7814-20260703-01.pdf","jir_short_summary":"Disclosure of the resolution and schedule for complete subsidiarization via share exchange, with the viability of the share exchange contingent on a simplified share exchange procedure that does not require a shareholders' meeting. Overview of City Road's share acquisition and share exchange, allocation ratio of 26.16 shares of our common stock per City Road share, 392,400 issued shares, acquisition value of 111 million yen including 26 million yen of advisory fees, with minimal expected impact on future performance.","jir_summary":"### Overview of this matter\nToday, we plan to implement a simplified share exchange to achieve complete subsidiarization of City Road through a share transfer and share exchange, choosing a procedure that does not require a shareholders' meeting. The issued shares are 392,400, the share exchange ratio is 26.16 times, and the acquisition value is 85 million yen plus 26 million yen in advisory costs, totaling 111 million yen.\n\n### Impact and upcoming schedule\nApproval for the share exchange is expected to come after City Road's extraordinary shareholders meeting on September 26, 2026, with the effective date scheduled for October 2, 2026. Assuming the deemed acquisition date as December 31, 2026, the impact on the consolidated results for the 2026 fiscal year is anticipated to be minimal.","jir_financial_highlights":"Acquisition value: 85 \u767e\u4e07\u5186 (Unknown)\nAdvisory and related costs: 26 \u767e\u4e07\u5186 (Unknown)\nTotal: 111 \u767e\u4e07\u5186 (Unknown)\nNumber of issued shares: 392,400 \u682a (Unknown)\nShare exchange ratio: Our common stock: 26.16 shares per City Road ordinary share (Unknown)\nNumber of shares held after acquisition: 5,000 \u682a (Unknown)\nEffective date: 2026 \u5e7410 \u6708\uff12 \u65e5\uff08\u4e88\u5b9a\uff09 (Unknown)","jir_category":"","jir_hashtags":"#NihonSoatsuGroup, #CityRoad, #CorporateRestructuring","jir_key_figures":"Share exchange ratio: Our common stock 26.16 shares \/ City Road ordinary share 1 share\nNumber of issued shares: 392,400 shares\nAcquisition value: 85 million yen\nAdvisory costs: 26 million yen\nTotal: 111 million yen","jir_meta_title":"\u3010Nihon Soatsu Group\u3011Notice of Complete Subsidiarization Through Share Acquisition and Simplified Merger\uff5c2026","jir_meta_description":"Nihon Soatsu Group completes subsidiaryization of City Road. Share exchange ratio 26.16x, issued shares 392,400, acquisition value 85 million yen plus advisory costs 26 million yen totaling 111 million yen. Scheduled after extraordinary shareholders' meeting approval; effective date on October 2, 2026.","jir_og_title":"Nihon Soatsu Group to Complete Subsidiarization of City Road\uff5c2026","jir_og_description":"Complete subsidiarization of City Road through share acquisition and simplified share exchange. Share exchange ratio 26.16x, issued shares 392,400, acquisition value 85 million yen, advisory costs 26 million yen; expected minimal future impact and schedule.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":56898,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"corporate_restructuring","footnotes":""},"sector":[],"importance":[],"class_list":["post-75762","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n