{"id":7985,"date":"2017-07-28T15:20:03","date_gmt":"2017-07-28T06:20:03","guid":{"rendered":"https:\/\/www.capcom.co.jp\/ir\/news\/.html"},"modified":"2021-10-19T11:11:16","modified_gmt":"2021-10-19T02:11:16","slug":"e170728c","status":"publish","type":"post","link":"https:\/\/www.capcom.co.jp\/ir\/english\/news\/html\/e170728c.html","title":{"rendered":"Notice Regarding Absorption-Type Merger (Simplified Merger and Short Form Merger) with Consolidated Subsidiary<\/strong>"},"content":{"rendered":"\n
\n\n\n

Capcom Co., Ltd. announces that it has resolved at the Board of Directors meeting on July 28, 2017 to perform an absorption-type merger with its wholly-owned subsidiary, Capcom Mobile, Inc. (the “Merger”), on September 1, 2017. Since the Merger is with a wholly-owned subsidiary, Capcom is omitting some disclosure items and details.<\/p>\n\n\n\n\n\n

1. Purpose and details of the Merger<\/h4>\n\n

Capcom Mobile is engaged primarily in the development and distribution of content for mobile devices. Capcom has decided to carry out the Merger with Capcom Mobile in order to increase the competitiveness of the Capcom Group. Capcom believes that integrating its Mobile Contents business will generate operational efficiencies and result in effective use of management resources.<\/p>\n\n\n\n\n

2.Summary of the Merger<\/h4>\n\n

(1) Schedule<\/p>\n\n\n\n\n\n\n
Board of Directors Meeting to resolve the Merger<\/td>\nJune 28, 2017<\/td>\n<\/tr>\n
Conclusion date of the merger agreement<\/td>\nJune 28, 2017<\/td>\n<\/tr>\n
Effective date of the Merger<\/td>\nSeptember 1, 2017 (planned)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

Note: The approval of resolutions by the shareholders of Capcom and Capcom Mobile are not necessary for the Merger because Capcom will use the simplified merger procedure prescribed in Article 796 Paragraph 2 of the Company Law and Capcom Mobile will use the short form merger procedure prescribed in Article 784 Paragraph 1 of the Company Law.<\/p>\n\n\n\n

(2) Merger method<\/p>\n

The method of the Merger is an absorption-type merger with Capcom as the surviving company. Capcom Mobile will be dissolved.<\/p>\n\n\n\n

(3) Allocations for the Merger<\/p>\n

No stock will be issued or cash or other forms of compensation allocated in conjunction with the Merger because Capcom Mobile is a wholly owned subsidiary of Capcom.<\/p>\n\n\n\n

(4) Treatment of stock warrants and convertible bonds of the company to be dissolved<\/p>\n

Capcom Mobile has not issued any stock warrants or convertible bonds.<\/p>\n\n\n\n\n

3. Outline of companies involved in the Merger (As of March 31, 2017)<\/h4>\n\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u3000<\/th>\nSurviving Company<\/th>\nCompany to be Dissolved<\/th>\n<\/tr>\n
(1) Name of company<\/td>\nCapcom Co., Ltd.<\/td>\nCapcom Mobile, Inc.<\/td> <\/tr>\n
(2) Head office<\/td>\n3-1-3 Uchihirano-machi, Chuo-ku,
\nOsaka 540-0037, Japan <\/td>\n		3-1-2 Otedori, Chuo-ku, Osaka, 540-0021, Japan<\/td>\n<\/tr>\n
(3) Representative<\/td>\nHaruhiro Tsujimoto, President & COO<\/td>\nManabu Seko, President<\/td>\n<\/tr>\n
(4) Major business segments<\/td>\nThe planning, development, manufacture, sale and distribution of home video games, online games, mobile content and arcade games, as well as the management of amusement arcades. <\/td>\nThe development and distribution of content for mobile devices.<\/td>\n<\/tr>\n
(5) Paid-in capital<\/td>\n\u00a5 33,239 million<\/td>\n\u00a5300 million <\/td>\n<\/tr>\n
(6) Date of establishment<\/td>\nMay 30, 1979<\/td>\nApril 19, 2011<\/td>\n<\/tr>\n
(7) Number of shares issued<\/td>\n67,723,244 shares<\/td>\n3,000 shares<\/td>\n<\/tr>\n
(8) Fiscal term<\/td>\nMarch 31<\/td>\nMarch 31<\/td>\n<\/tr>\n
(9) Name of major shareholders and their investment ratio*1<\/sup><\/td>\n\n \n \n \n \n \n \n \n \n \n \n \n \n
Crossroad Co., Ltd.<\/td>\n 9.41%<\/td>\n <\/tr>\n
Japan Trustee Services Bank, Ltd. (Trust Account) <\/td>\n 6.20%<\/td>\n <\/tr>\n
The Master Trust Bank of Japan, Ltd. (Trust Account)<\/td>\n 3.45%<\/td>\n <\/tr>\n
Ryozo Tsujimoto<\/td>\n 2.98%<\/td>\n <\/tr>\n
Yoshiyuki Tsujimoto<\/td>\n 2.98%<\/td>\n <\/tr>\n
Haruhiro Tsujimoto<\/td>\n 2.98%<\/td>\n <\/tr>\n
Kenzo Tsujimoto<\/td>\n 2.97%<\/td>\n <\/tr>\n
Credit Suisse AG. Dublin Branch Prime Client Asset Equity Account<\/td>\n 2.27%<\/td>\n <\/tr>\n
J.P. Morgan Chase Bank 380055<\/td>\n 2.19%<\/td>\n <\/tr>\n
J.P. Morgan Chase Bank 385632<\/td>\n 1.57%<\/td>\n <\/tr>\n <\/tbody>\n <\/table>\n

Note: Major shareholders excludes Capcom Co., Ltd., who holds 12,977 thousand shares of treasury stock (19.16% of shares issued).<\/p>\n\n<\/td>\n

\n \n \n \n \n\n\n\n\n\n\n\n\n\n
Capcom Co., Ltd.<\/td>\n 100.00%<\/td>\n <\/tr>\n <\/tbody>\n <\/table>\n\n<\/td>\n<\/tr>\n
(10) Results of operations and financial condition in most recent fiscal term<\/th>\n<\/tr>\n
Fiscal term<\/td>\nYear ended March 31, 2017
(Consolidated)<\/td>\n		Year ended March 31, 2017
(Non-consolidated)<\/td>\n<\/tr>\n
Net assets<\/td>\n\u00a577,774 million<\/td>\n\u00a5369 million<\/td>\n<\/tr>\n
Total assets<\/td>\n\u00a5118,897 million<\/td>\n\u00a5758 million<\/td>\n\n<\/tr>\n
Net assets per share<\/td>\n\u00a51,420.64<\/td>\n\u00a5123,299.89<\/td>\n<\/tr>\n
Net sales<\/td>\n\u00a587,170 million<\/td>\n\u00a51,231 million<\/td>\n<\/tr>\n
Operating income<\/td>\n\u00a513,650 million<\/td>\n\u00a556 million<\/td>\n<\/tr>\n
Ordinary income<\/td>\n\u00a512,589 million<\/td>\n\u00a545 million<\/td>\n<\/tr>\n
Net income (attributable to owners of the parent)<\/td>\n\u00a58,879 million<\/td>\n\u00a533 million<\/td>\n<\/tr>\n
Net income per share<\/td>\n\u00a5160.35<\/td>\n\u00a511,096.89<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n\n\n\n

4. Outline of Capcom Co., Ltd. following the Merger<\/h4>\n\n

The company name of Capcom Co., Ltd., the address of its head office, its representative, its major business segments, its paid-in capital and its fiscal term will not change following the Merger.<\/p>\n\n\n\n\n

5. Outlook<\/h4>\n\n

The Merger will have only a negligible effect on consolidated results of operations because this is a merger of Capcom and a wholly owned consolidated subsidiary.<\/p>\n\n\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Capcom Co., Ltd. announces that it has resolved at the Board of Directors meeting on July 28, 2017 to perform […]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[930],"tags":[],"class_list":["post-7985","post","type-post","status-publish","format-standard","hentry","category-enterprise"],"acf":[],"aioseo_notices":[],"lang":"english","translations":{"english":7985,"ja":2627},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/posts\/7985"}],"collection":[{"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/comments?post=7985"}],"version-history":[{"count":3,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/posts\/7985\/revisions"}],"predecessor-version":[{"id":7994,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/posts\/7985\/revisions\/7994"}],"wp:attachment":[{"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/media?parent=7985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/categories?post=7985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.capcom.co.jp\/ir\/wp-json\/wp\/v2\/tags?post=7985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}