Sale of Resort Interests and Concentration of Resources on the Content Business
First written in FY2025-H1. 2 of 4 entries say "Restated". Latest entry: 2026-05-15.
0 other companies' latest entry also says "Restated".
- 2026-05-15RestatedEarnings
「We will continue steadily addressing the litigation and aim to eliminate the deficit over the long term by using our ample cash on hand.」
The Company stated its policy of continuing to address the litigation and allocating cash on hand to eliminate the deficit over the long term. - FY2026-H1RestatedAnnual report
「We will continue steadily addressing the litigation and aim to eliminate the deficit over the long term by using our ample cash on hand.」
The company reiterated its policy of continuing to address the litigation and using its increased cash on hand to eliminate the deficit over the long term. - FY2025AdvancedAnnual report
「To overcome this situation, we will continue working with GL to address the litigation and aim to eliminate the deficit over the long term by using the funds obtained from the sale of shares in the equity-method affiliate operating the resort business.」
The company stated that the sale of its resort interests had been completed and that the proceeds would be used to address litigation with GL and eliminate the deficit over the long term. - FY2025-H1First statedAnnual report
「At a Board of Directors meeting held on 29 April 2025, we resolved to sell shares in Engine Property Management Asia Co.,Ltd. and P.P. Coral Resort Co.,Ltd., our equity-method affiliates, and entered into the sale agreement on the same date.」
The company resolved to sell its interests in EPMA and PPC, which operate the resort business, and signed the agreement on 29 April 2025. Reasons included the difficulty of exercising proactive control under Thailand's legal system, the significant cost of renovating the facilities, concentrating resources on the core Content business and the appropriateness of the timing. The stated sale prices were THB 119,658,240 for EPMA and THB 258,312,000 for PPC.