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Sato to Absorb Wholly Owned Subsidiary in April 2027

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Sato (TYO:6287) has approved an absorption-type merger with its wholly owned subsidiary Sato Material, effective April 1, 2027, according to a Tokyo bourse filing on Tuesday.

The merger, which qualifies as a simplified merger for Sato and a short-form merger for the subsidiary, aims to consolidate business resources and improve operational efficiency.

Sato Material, which manufactures industrial rubber products, synthetic resin items, and RFID tags, will be dissolved upon the effective date.

No consideration shares will be issued, and the surviving company will retain its name, management, and business description without any changes.

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