On February 5, 2025, the board of directors of Japanese chemical giant Asahi Kasei officially passed a resolution announcing that it will merge its wholly-owned subsidiary Asahi Kasei Epoxy Corporation into its parent company through an absorption merger. The merger plan will officially take effect on April 1, 2026. This major decision marks a crucial step in Asahi Kasei′s strategic integration in the field of epoxy resins.

Merge background and purpose
Asahi Kasei Epoxy Resin Company was established in 1966, initially named "Asahi Kasei Ciba Co., Ltd.", focusing on the production of epoxy resins. With the expansion of its business, the company has gradually broadened its reach to the production of epoxy resin curing agents and became a wholly-owned subsidiary of Asahi Kasei in 2000, officially renamed Asahi Kasei Epoxy Resin Company. The merger seeks to simplify business operations, optimize resource allocation, and further enhance Asahi Kasei′s competitiveness in the global epoxy resin market.

Merge details
This merger is an absorption type merger, under which Asahi Kasei will continue to operate as the surviving company, while Asahi Kasei Epoxy Resin Company will be dissolved after the merger is completed. Given that this merger is a simplified absorption merger for wholly-owned subsidiaries, some items and details have been omitted in the disclosed information disclosure. According to Asahi Kasei, as the impact of this merger on the consolidated financial statement earnings is minimal, it is not expected to greatly change the company′s financial condition.