Dentsu Soken to merge IT subsidiaries, renames surviving entity

Information Services International-Dentsu announced a merger between its consolidated subsidiaries, Dentsu Soken Secure Solution and Dentsu Soken IT. The surviving entity, currently Dentsu Soken Secure Solution, will be renamed Dentsu Soken Technology Inc. The merger aims to consolidate management resources, enhance human capital and business functions, and boost group synergy and profitability, aligning with the company's mid-term management plan, "Social Evolution Implementation 2027." The merger is structured as an absorption-type merger, with Dentsu Soken IT ceasing to exist. The surviving company's capital will remain at ¥300 million, with Dentsu Soken retaining 100% ownership. The company expects no material impact on its consolidated earnings due to this transaction.