Major telecommunications construction company MIRAIT ONE Corporation (head office: Koto-ku, Tokyo; President and Chief Executive Officer: Toshiki Nakayama; "MIRAIT ONE") has decided to merge its consolidated subsidiaries DAIMEI TECHNO CO., LTD. ("DAIMEI TECHNO") and Tokaikoei Inc. ("Tokaikoei") effective as of April 1, 2023.
　　　　　　　　　　　　　　　　　　　　　
1. Purpose of the Merger
MIRAIT ONE has stated its purpose (raison d'etre) to be "the co-creation of an exciting future by utilizing technology and embracing challenges," and is engaged in fully utilizing the management resources of its to maximize corporate value, and is strengthening the Group management structure as an initiative to strengthen its business foundations.
The objectives of this merger are to expand business and strengthen earning capacity by strengthening the management foundations and effectively utilizing the resources of two companies conducting civil engineering business.
The Group will continue to engage in strengthening its management base by strengthening the Group management structure.

2. Overview of the Merger
An absorption-type merger with Tokaikoei as the surviving company and DAIMEI TECHNO as the defunct company. The merger will be made without consideration, not delivering new shares, etc. because it is a merger of MIRAIT ONE's wholly owned subsidiaries.

3. Overview of the companies subject to the merger (As of September 30, 2022)

4.Status after the merger (Scheduled for April 1, 2023)


5. Impact on Performance
The impact of the merger on the Company's consolidated results is minor. 　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　End

About MIRAIT ONE Corporation
MIRAIT ONE Corporation was launched on July 1, 2022 through the integration of MIRAIT Holdings Corporation, MIRAIT Corporation, and MIRAIT Technologies Corporation. MIRAIT ONE has established "co-creating an exciting future through challenges and technology" as its purpose (significance of existence), and is engaged in the resolution of issues faced by customers and society and regional revitalization by promoting initiatives such as urban and regional development, corporate DX and GX, green business and global business based on the technical capability cultivated until now in telecommunications facility construction and the civil engineering business.