This transaction
Transfer of all shares of FKRLegal tech AI business (e-discovery support)
Already reflected in the consolidated earnings forecasts for the fiscal year ending March 2027, and the impact on net sales, expenses and other items is immaterial.
| Item | Details |
|---|---|
| Transaction name | Transfer of all shares of FKR |
| Counterparty name | INTELLECTUAL DATA CO., LTD. |
| Name of the Subject Company | FRONTEO Korea, Inc. |
| Business Description of the Subject Company | Legal tech AI business (e-discovery support) |
| Location of the Subject Company | South Korea |
| Number of shares acquired | All shares (specific number of shares: Not disclosed) / Number of voting rights: Not disclosed |
| Impact on Business Performance | Already reflected in the consolidated earnings forecasts for the fiscal year ending March 2027, and the impact on net sales, expenses and other items is immaterial. |
| Execution Date / Effective Date | 21 July 2026 (transferred) |
| Management structure after acquisition | Following the transfer, e-discovery support services in Korea are expected to continue to be provided by the transferee, with no change in the services provided to customers. The corporate name, representative and treatment of employees: Not disclosed |
Items this document does not state (23)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To optimize its business portfolio and concentrate management resources on its life sciences AI business, which it regards as the core of its future growth strategy. FRONTEO also determined that continuing the business under the transferee would contribute to the growth of FRONTEO Korea, Inc. and the expansion of its business in the Korean market.