Link-U Group Inc. (4446) said its board approved on Oct. 28 a merger in which wholly owned subsidiary Viewn Inc. will absorb fellow wholly owned unit Link-U Products Inc., with the merger scheduled to take effect on Jan. 1, 2027.
Viewn will be the surviving company and Link-U Products will be dissolved. Because both are 100%-owned by Link-U Group, no shares, cash or other consideration will be allotted in the merger, and no stock acquisition rights or bonds with stock acquisition rights are involved. The company said it omitted some disclosure items for the same reason.
The merger is intended to pool the two companies' management resources and know-how, create further business synergies through closer cooperation, and cut costs by improving operational efficiency, with the aim of raising profitability across the group, the company said.
| Item | Viewn (surviving) | Link-U Products (absorbed) |
|---|---|---|
| Business | Internet-based content distribution services, etc. | Alliance business / channel partner business |
| Capital | ¥49 million | ¥10 million |
| Established | March 19, 2010 | Aug. 1, 2025 |
| Shares issued | 17,600 | 1,000 |
Figures are as of July 31, 2026. Both companies are based in Sotokanda, Chiyoda-ku, Tokyo, and have fiscal years ending July 31. Results and financial position for the most recent fiscal year were not disclosed; the company said it had received a request not to disclose financial information for competitive and business reasons.
After the merger, Viewn will take over Link-U Products' business, rights and obligations, with no change to its name, location, representative, business, capital or fiscal year-end. Link-U Group said the merger, being between wholly owned subsidiaries, will have no impact on its consolidated results.
The board resolution, the signing of the merger agreement and approval at the shareholders' meetings of the merging companies all took place on Oct. 28, 2026. The merger is scheduled to take effect on Jan. 1, 2027.
| Hikari Tsushin, Inc. | |
| Offer price | ¥1,000 per common share |
| M&A / TOB | 1 |
| Guidance | 0 |
| Buybacks | 0 |
| Dividends | 0 |
| Capital | 0 |
| Earnings | 0 |
| People | 0 |
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