Source disclosure: February 09, 2026
FUJI OOZX Inc. [7299.T]
TOKYO, Feb 9 (Kyodo) -- Fuji Oozx Inc., represented by President and CEO Takao Sugie, has announced that it will discontinue the planned simplified merger of its wholly-owned subsidiary, Maruyoshi Manufacturing Co., Ltd. The decision was made during today's board meeting.
The company initially disclosed plans for this merger on January 28, 2026, aiming to strengthen the group's business foundation through the concentration and optimization of management resources. However, after further review of the procedural aspects related to the merger, Fuji Oozx concluded that it is necessary to halt the process.
According to the announcement, the discontinuation of the merger will not have any impact on Fuji Oozx's consolidated performance as Maruyoshi Manufacturing remains a fully owned subsidiary. The stock code for Fuji Oozx Inc. is 7299, listed on the Tokyo Stock Exchange Standard Board.
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