March 24, 2022
Bushiroad Announces Absorption-type Merger between Consolidated Subsidiaries
Name | Bushiroad Inc. (Securities Code: 7803) | |
Overview | Bushiroad resolved at its board of directors' meeting to conduct an absorption-type merger between its wholly owned consolidated subsidiaries. Bushiroad Creative Inc. and Bushiroad Media Inc. . The former will be the surviving company and the latter will be the disappearing company. | |
Purpose | Within Bushiroad group, Bushiroad Creative is mainly engaged in the merchandising business while Bushiroad Media is mainly engaged in the publishing business and merchandising business of some products related to such publishing business. The aim of the merger is to enhance synergies by integrating the abovementioned businesses of Bushiroad Media into Bushiroad Creative and utilizing their common resources, and enhance IP development by enabling the publishing and merchandising businesses to work alongside each other. | |
Schedule | Resolution at directors meetingtheboardof | March 24, 2022 |
Contract conclusion date | March 24, 2022 | |
General meeting of shareholders of Bushiroad Creative | May 20, 2022 (planned) | |
General meeting of shareholders of Bushiroad Media | May 20, 2022 (planned) | |
Effective date | July 1, 2022 (planned) |
Inquiry | Toshiyuki Muraoka Mail:ir@bushiroad.comURL:www.bushiroad.co.jp/en/ |
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