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デュエルビッツ 初回入金ボーナスel announces simple- and short-form merger of consolidated subsidiary through absorption
April 28, 2010
1. Purpose of the Merger
The principal activity of Shinko Taseto Co., Ltd., a wholly-owned subsidiary, is the manufacture of stainless steel welding consumables. Merging Shinko Taseto into デュエルビッツ 初回入金ボーナスel's Welding Business will integrate operations by improving business efficiency, facilitating communication, and maintaining stable profits.
Profile of Shinko Taseto (as of March 31, 2010)
| Company name: | Shinko Taseto Co., Ltd. | |
| President: | Yukinobu Matsushita | |
| Capital: | 175 million yen | |
| Sales: | 5,708 million yen (fiscal 2009) |
2. Schedule for the Merger
| Resolution at Board of Directors' meeting: | April 28, 2010 | |
| Signing of agreement: | April 28, 2010 | |
| Effective date (date of merger): | October 1, 2010 |
3. Effect on デュエルビッツ 初回入金ボーナスel's Business Results
This merger will have no effect on the consolidated business results of デュエルビッツ 初回入金ボーナスel, Ltd. as デュエルビッツ 初回入金ボーナスel will effect an absorption-type merger of a wholly owned subsidiary.
