Absorption-Type Mergers of Consolidated Subsidiaries and a Consolidated Sub-Subsidiary (Both Simplified and Short-Form Mergers), Restructuring of the Company's Subsidiaries' Businesses, and Recognition of an Extraordinary Loss
GENERATION PASS CO.,LTD., 株式会社トリプルダブル, 株式会社フォージ, and 株式会社カンナート
Contracted systems development by 株式会社トリプルダブル, operation by 株式会社フォージ of an e-commerce store specializing in men's bags and accessories, and the web design business of 株式会社カンナート
Simplification of the Group's organizational structure and optimal allocation of management resources, more efficient Group management and centralized and faster decision-making, and the efficiency gains in business processes through the use of AI technology and transition to new businesses centered on AI
Extraordinary loss of ¥64 million. This is expected to be recognized on a temporary basis in the consolidated results for the fiscal year ending October 2026.
Fiscal year ending October 2026 (consolidated)
At present, a temporary impact of ¥64 million in extraordinary losses is expected. After reviewing the amount of the impact, the Company will respond appropriately if it determines that disclosure is necessary.
The merger is scheduled to be completed on 1 September 2026, after which the Company will pursue more efficient Group management, renewal of its business portfolio, development of new businesses centered on the use of AI, reductions in administrative costs, higher productivity, and the establishment of new revenue sources. After reviewing the amount of the impact, the Company will respond appropriately if it determines that disclosure is necessary.
| Item | Details |
|---|---|
| Event name | Absorption-Type Mergers of Consolidated Subsidiaries and a Consolidated Sub-Subsidiary (Both Simplified and Short-Form Mergers), Restructuring of the Company's Subsidiaries' Businesses, and Recognition of an Extraordinary Loss |
| Date of occurrence | 30 July 2026 (date of the Board of Directors' resolution and execution of the merger agreement). Scheduled merger date (effective date): 1 September 2026 (予定) |
| Subject Entity | GENERATION PASS CO.,LTD., 株式会社トリプルダブル, 株式会社フォージ, and 株式会社カンナート |
| Target Locations / Products | Contracted systems development by 株式会社トリプルダブル, operation by 株式会社フォージ of an e-commerce store specializing in men's bags and accessories, and the web design business of 株式会社カンナート |
| Cause | Simplification of the Group's organizational structure and optimal allocation of management resources, more efficient Group management and centralized and faster decision-making, and the efficiency gains in business processes through the use of AI technology and transition to new businesses centered on AI |
| Amount of Impact on Business Performance | Extraordinary loss of ¥64 million. This is expected to be recognized on a temporary basis in the consolidated results for the fiscal year ending October 2026. |
| Accounting period in which recognized | Fiscal year ending October 2026 (consolidated) |
| Impact on Earnings Forecast | At present, a temporary impact of ¥64 million in extraordinary losses is expected. After reviewing the amount of the impact, the Company will respond appropriately if it determines that disclosure is necessary. |
| Outlook | The merger is scheduled to be completed on 1 September 2026, after which the Company will pursue more efficient Group management, renewal of its business portfolio, development of new businesses centered on the use of AI, reductions in administrative costs, higher productivity, and the establishment of new revenue sources. After reviewing the amount of the impact, the Company will respond appropriately if it determines that disclosure is necessary. |
| Planned follow-up disclosure | After reviewing the amount of the impact, the Company will respond appropriately if it determines that disclosure is necessary. |
Items this document does not state (15)
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 simplify the Group's organizational structure, optimize the allocation of management resources, improve management efficiency, and centralize and accelerate decision-making. At 株式会社カンナート, the Company also aims to improve the efficiency of the web design business through the use of AI technology and transition to new businesses centered on AI.