Wedoany.com Report-Dec.8, Nippon Soda Co., Ltd. has announced that its board has approved an absorption-type merger with its wholly-owned consolidated subsidiary, Nisso Green Co., Ltd. (NSG). The merger will take effect on October 1, 2026.

NSG currently handles the distribution of agrochemicals, agricultural materials and related products. Through this merger, Nippon Soda aims to streamline group operations and enhance overall management efficiency.

In the transaction, Nippon Soda will be the surviving entity, while NSG will be dissolved. No new shares will be issued, and there will be no change to Nippon Soda's company name, headquarters location, representative director, business activities, share capital or fiscal year-end.

Because the merger involves a wholly-owned subsidiary, the transaction is expected to have only minimal impact on Nippon Soda's consolidated financial results.

The integration is intended to strengthen coordination between research, development, manufacturing and sales functions within the agrochemicals segment, allowing faster decision-making and more effective resource allocation across the group.