This transaction
This transfer of equity interestsThe voting-rights ratio is the share of the votes exercisable at a shareholders’ meeting that will be held after this transaction.
System development and contract-based services, SES and other businesses
The impact of this agreement on the results of the Company and its group is immaterial. If any matter requiring disclosure arises in the future, including a revision to the earnings forecast, the Company will disclose it promptly.
| Item | Details |
|---|---|
| Transaction name | This transfer of equity interests |
| Counterparty name | 小松 Business Service 株式会社 |
| Name of the Subject Company | 上海求歩信息系統有限公司 |
| Business Description of the Subject Company | System development and contract-based services, SES and other businesses |
| Location of the Subject Company | Shanghai, People's Republic of China |
| Capital Stock of the Subject Company | RMB 6.5 million |
| Date of Establishment of the Subject Company | 8 July 2009 |
| Net Sales of the Subject Company | RMB 6.584 million (fiscal year ended December 2025) |
| Operating Profit of the Subject Company | Operating loss of RMB 532 thousand (fiscal year ended December 2025) |
| Net Income of the Subject Company | Net loss of RMB 528 thousand (fiscal year ended December 2025) |
| Net Assets of the Subject Company | Net assets of RMB 915 thousand (fiscal year ended December 2025) |
| Acquisition price | Not disclosed (Note 1). The transfer price is not disclosed pursuant to the confidentiality obligations between the parties. |
| Voting rights ownership percentage | Before 100% → after 0% |
| Impact on Business Performance | The impact of this agreement on the results of the Company and its group is immaterial. If any matter requiring disclosure arises in the future, including a revision to the earnings forecast, the Company will disclose it promptly. |
| Date of board resolution | 5 August 2026 |
| Contract Date | 5 August 2026 |
| Execution Date / Effective Date | Scheduled for the end of September 2026 (subject to obtaining approval from the relevant authorities and other conditions) |
| Conditions Precedent to Execution | Obtaining approval from the relevant authorities and other conditions |
Items this document does not state (14)
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.The Company determined that, amid structural changes in the competitive environment of China's IT market, concentrating specialized management resources rooted in the local market and developing the business under the transferee's ownership would be in the best interests of employees and business partners, as it continues to optimize its business portfolio and allocate management resources efficiently.