Nippon Soda to absorb Nisso Green in merger

Nippon Soda Co., Ltd. will execute an absorption-type merger with its wholly-owned subsidiary, Nisso Green Co., Ltd., effective October 1, 2026. This move aims to bolster management efficiency by integrating Nisso Green, which specializes in agricultural chemicals and materials, into the parent company. As Nippon Soda is the surviving entity, Nisso Green will be dissolved.

The merger is categorized as a simplified absorption-type merger for Nippon Soda and a short-form merger for Nisso Green, meaning no general meeting of shareholders will be held by either company for approval. No new shares or other financial considerations will be allotted as part of this merger, given Nisso Green's status as a wholly-owned subsidiary.

The financial impact on Nippon Soda's consolidated results is expected to be minimal. The company's name, location, representative, business description, capital, and fiscal year-end will remain unchanged following the merger.