Life Corporation acquires Ohashi Saketen, bolstering business foundation

Life Corporation will acquire Ohashi Saketen through an absorption-type merger, with Life Corporation as the surviving entity. This simplified merger, approved by Life Corporation's board of directors on November 21, 2025, is scheduled to be effective on February 1, 2026. Ohashi Saketen's shareholders will receive a total consideration of 5 million yen, with 1,667 yen paid per share.

The merger aims to optimize Group management, streamline resources, and strengthen the business foundation, particularly by acquiring Ohashi Saketen's liquor license to support Life Corporation's new strategies and sales growth. This transaction qualifies as a simplified merger under Article 796, paragraph (2) of the Companies Act.

The merger is expected to have an immaterial impact on Life Corporation’s consolidated financial results. Following the merger, there will be no changes to Life Corporation’s name, location, representative, business lines, share capital, or fiscal year-end.