Aeon Financial Service to absorb subsidiary ACS Leasing

Aeon Financial Service Co., Ltd. announced its decision on September 30, 2025, to absorb its consolidated subsidiary, ACS Leasing Co., Ltd., effective February 1, 2026. This merger aims to optimize the allocation of management resources, execute strategic investments, and enhance the company's business portfolio, supporting its goal of further corporate growth and offering improved services. As Aeon Financial Service is the sole parent company of ACS Leasing, the merger will be executed as a short-form and summary merger, foregoing shareholder approval.

Aeon Financial Service, the surviving company, reported JPY 585,766 million in net assets and JPY 7,756,492 million in total assets for the fiscal year ended February 2025. ACS Leasing, the dissolving company, reported JPY 1,774 million in net assets and JPY 58,171 million in total assets for the same period. The capital of Aeon Financial Service is JPY 45,698 million, while ACS Leasing's capital is JPY 250 million.

The merger is expected to have a minor impact on Aeon Financial Service's consolidated earnings, given that ACS Leasing is a 100% owned subsidiary. No changes to the company name, location, representative roles, business content, capital, or fiscal year are anticipated for Aeon Financial Service as a result of the merger.