[SHIFFON Co., Ltd.] Notice regarding stock transfer and
absorption-type merger
SHIFFON Co., Ltd. Press release: March 3, 2025 Notice regarding stock transfer and absorption-type merger
https://prcdn.freetls.fastly.net/release_image/34756/74/34756-74-966665a0ceea8aa90503844bd74e313f-3308×2339.jpg SHIFFON Co., Ltd. (hereinafter referred to as “SHIFFON”) has announced that its founder, Kenta Nishimura (hereinafter referred to as “Nishimura”), will acquire the SHIFFON shares (80%) held by E-store Co., Ltd., as of Saturday, March 1, 2025, through SFN Co., Ltd. (SPC), a company in which Nishimura has a 100% stake. As a result of this stock transfer, Nishimura will own 100% of SHIFFON’s shares. After that, SFN Co., Ltd. absorbed SHIFFON and integrated the management resources of both companies. In line with this merger, SFN Co., Ltd. will change its trade name to “SHIFFON Co., Ltd.”, and we hereby officially announce that the MBO has been completed, as announced in the “Notice regarding SHIFFON Co., Ltd.’s management buyout (MBO) by its founder” dated December 26, 2024.
https://shiffon.com/2024/12/26/3200/ Changes After merger Before merger Corporate number 3010401187028 7021001009963 Shareholder composition Kenta Nishimura (100%) E-store Co., Ltd. (80%) Kenta Nishimura (20%) Representative director Kenta Nishimura Fujio Hino *All contractual relationships before the merger will be
comprehensively inherited by the surviving company after the merger, so no special procedures are required. (https://shiffon.com/ Business overview/Company overview/List of brands handled)
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