Management/IR
Toyo Ink SC Holdings Co., Ltd.
Notice Regarding the Merger of Consolidated Subsidiaries
Toyo Ink SC Holdings Co., Ltd. today announced that, effective July 1, 2023, it has resolved to merge two wholly-owned subsidiaries, Toyo B-Net Co., Ltd. and Toyo SC Trading Co., Ltd., as outlined below.
1. Purpose of the Merger
The purpose is to obtain efficiency of Group operation and to accelerate business promotion by combining the two companies, both of whom have similar strengths in providing services to Group companies.
2. Summary of the Merger
- Merger Schedule
Effective date of the merger is July 1, 2023 - Method of the Merger
An absorption-type merger in which Toyo B-Net Co., Ltd. will be the surviving company and Toyo SC Trading Co., Ltd. will be the dissolved company.
3. Summary of the Merging Companies (as of January 1, 2023)
- * The table can be slid horizontally.
| Surviving Company | Dissolved Company | |
|---|---|---|
| Trade name | TOYO B-Net CO., LTD. | Toyo SC Trading Co., Ltd. |
| Business Details | Purchasing and Sales of Real Estate Properties, Real Estate Leasing and Property Management, Non-Life Insurance Services, Life Insurance Services | Import and Export Operations, Raw Material Procurement Business |
| Date of Establishment | August 3, 1968 | July 1, 2011 |
| Head Office | 2-1, Kyobashi 2-chome, Chuo-ku, Tokyo, Japan | 2-1, Kyobashi 2-chome, Chuo-ku, Tokyo, Japan |
| Representative | Hiroya Aoyama | Hiroyuki Matsumoto |
| Paid in Capital | 490 million yen | 100 million yen |
| Fiscal year end | December 31 | December 31 |
4. Situation after Merger
- * The table can be slid horizontally.
| Trade name | TOYO B-Net CO., LTD. |
| Business Details | Purchasing and Sales of Real Estate Properties, Real Estate Leasing and Property Management, Non-Life Insurance Services, Life Insurance Services,Import and Export Operations, Raw Material Procurement Business |
| Head Office | 2-1, Kyobashi 2-chome, Chuo-ku, Tokyo, Japan |
| Representative | Hiroya Aoyama |
| Paid in Capital | 490 million yen |
| Fiscal year end | December 31 |
5. Impact to Business
There is no impact to Toyo Ink SC Holdings’ consolidated results of this fiscal year as the merger is between two consolidated subsidiaries.
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Inquiries
TOYO B-Net CO., LTD.
Director and Administration Manager Toshiya Sumiyama
TEL: +81-3-3272-3741
Toyo SC Trading Co., Ltd.
Administration Manager Masato Watanabe
TEL: +81-3-3272-8671
Press inquiries
TOYO INK SC HOLDINGS CO., LTD.
Corporate Communication Department
TEL: +81-3-3272-5720
MAIL: info@toyoinkgroup.com
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