noun
absorption-type company split
A legal and business term for a corporate restructuring where one company absorbs part of another company's business.
吸収分割の手続きには株主総会の決議が必要です。
A resolution of the shareholders' meeting is required for the absorption-type company split procedure.
新設分割 is an incorporation-type company split where a new company is established, while 吸収分割 involves an existing company absorbing the split business.
Compound of 吸収 (absorption) and 分割 (split, division).