Studio Dragon Decides to Absorb Wholly-Owned Subsidiary Next Scene

Studio Dragon decides to absorb wholly-owned subsidiary Next Scene via a merger without issuing new shares (merger ratio 1:0)
Purpose: Cost reduction and management efficiency improvement to create synergies
Merger date: July 7, 2026; Merger registration date: July 8, 2026
Small-scale merger format, no shareholder meeting approval required (replaced by board resolution)
Limited financial impact – no change in capital or number of shares outstanding
No appraisal rights; not a reverse merger

Filing: [Correction of Description] Report On Major Matters (Decision On Company Merger)
Company: Studio Dragon (253450)
Submission: Studio Dragon Corporation
Receipt: 05-04-2026