To whom it may concern,
November 2, 2016
Company name: Japan Lifeline Co., Ltd. Representative: Keisuke Suzuki, President and CEO
(Code: 7575 TSE 1st Section) Contact person: Kenji Yamada, Vice President,
Business Administration Department
(TEL: +81-3-6711-5200)
Announcement Regarding Postponement of the Effective Date For the Merger of the Consolidated SubsidiaryJapan Lifeline Co., Ltd. ("Company") announced that the following resolution was passed at the Board of Directors Meeting held on November 2, 2016 concerning postponement of the effective date that disclosed on June 28, 2016 in "Announcement of Absorption-type Merger (Simplified Merger and Short form Merger) of the Consolidated Subsidiary" for the merger of its consolidated subsidiary, JUNKEN MEDICAL Co., Ltd..
Change of the effective date of the Merger
Original Date
After Change
January 1, 2017 (Expected)
April 1, 2017 (Expected)
Reason for change
Since it was found that it takes more time than the initial estimate for integration preparatory work accompanied by the Merger, the original effective date of the Merger was postponed until April 1, 2017.
Schedule of the merger
Board of Directors Meeting of approval on the change of the effective date for the Merger: November 2, 2016 Execution of the amendment agreement for the change of the effective date for the Merger: November 2, 2016 Effective Date of the Merger: April 1, 2017
Future outlook
The impact on Company's consolidated business performance due to the postponement of the effective date for the Merger is expected to be minimal since it is the absorption of a wholly-owned subsidiary.
JLL - Japan Lifeline Co. Ltd. published this content on 02 November 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 November 2016 16:14:12 UTC.
Original documenthttp://www.japanlifeline.com/pdf/announce/20161102_announcement_regarding.pdf
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