Fuji Electric Co., Ltd.TSE: 6504

Notice Regarding Conclusion of Merger Agreement with Consolidated Subsidiary

· Issued by Fuji Electric Co., Ltd. via TDnet

Filed with TSE · · 3 pages · English

Summary by 6ix AI

Fuji Electric Co., Ltd. has announced the conclusion of a merger agreement with its wholly owned subsidiary, Fuji Electric Finance and Accounting Support Co., Ltd. The merger aims to enhance management efficiency in response to changes in the operating environment. This will be an absorption-type merger, with Fuji Electric Co., Ltd. as the surviving entity. No new shares will be issued as part of this merger since it involves a wholly owned subsidiary. The merger is expected to have a minimal impact on the company's consolidated operating performance.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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