Kamigumi to merge with subsidiary, announces JPY13bn share buyback

Kamigumi Co., Ltd. announced a simplified absorption-type merger with its wholly-owned subsidiary, MCKG Port Holding Co., Ltd., effective January 1, 2026. This merger aims to enhance management efficiency, as MCKG, a special-purpose company, was established for joint investment in a Spanish container terminal. Kamigumi will be the surviving entity.

Concurrently, Kamigumi's Board of Directors resolved to acquire up to 3.8m shares of its common stock, representing 3.75% of total issued shares, for a maximum of JPY 13,000m. This buyback program is scheduled to run from September 16, 2025, to March 24, 2026, through market purchases on the Tokyo Stock Exchange.

The company stated that this acquisition enables dynamic capital policies in response to changes in the business environment. The merger is expected to have a minimal impact on Kamigumi's consolidated financial results.