Komori
M&A and Subsidiary Changes3393Startia Holdings,Inc.Trading & Wholesale

Notice Regarding the Absorption-Type Merger of a Consolidated Subsidiary and Recognition of an Extraordinary Loss (Impairment Loss)

スターティア株式会社, a wholly owned subsidiary of the Company, will absorb and merge with スターティアリード株式会社, also a wholly owned subsidiary. In connection with the merger, the Company will record an impairment loss on fixed assets of ¥249 million as an extraordinary loss.

Worth reading
62In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
249
¥ millions (extraordinary loss)
Wording
Conditional
How definitive the wording is.

This transaction

Absorption-type merger of consolidated subsidiaries (スターティア株式会社 to absorb and merge with スターティアリード株式会社)
Counterpartyスターティア株式会社 (surviving company)
Disclosing companyStartia Holdings,Inc.
スターティアリード株式会社Subject of this transactionVoting rights ownership percentage Before Company (100%) (after not disclosed)
TimelineThe spacing between the points is proportional to the actual number of days.White points represent dates designated as scheduled dates in the document.
Target company

IT infrastructure-related business (sales, installation, maintenance and servicing of office automation equipment, information and telecommunications equipment, etc.)

Location Shinjuku-ku, TokyoShare capital ¥90 million
Consideration and expenses
Acquisition priceNo consideration will be paid
Type of ConsiderationFree of charge
Amount of extraordinary income (loss)An impairment loss of ¥249 million will be recorded as an extraordinary loss in the second-quarter consolidated accounting period of the current fiscal year
Impact on Business Performance

The extraordinary loss of ¥249 million is within the ¥269 million gain on the sale of investment securities. After offsetting the two extraordinary gains and losses in the full-year consolidated results, the net impact on results will be a ¥20 million increase in profit. This has been reflected in the earnings summary for the fiscal year ending March 2027 released today.

Procedures and assumptions
Management structure after acquisitionスターティアリード株式会社 will be dissolved as of the effective date, and its business locations are予定 to be succeeded by スターティア株式会社 following the merger. The corporate name, representative and treatment of employees: not disclosed
This transaction
ItemDetails
Transaction nameAbsorption-type merger of consolidated subsidiaries (スターティア株式会社 to absorb and merge with スターティアリード株式会社)
Counterparty nameスターティア株式会社 (surviving company)
Name of the Subject Companyスターティアリード株式会社
Business Description of the Subject CompanyIT infrastructure-related business (sales, installation, maintenance and servicing of office automation equipment, information and telecommunications equipment, etc.)
Location of the Subject CompanyShinjuku-ku, Tokyo
Capital Stock of the Subject Company¥90 million
Acquisition priceNo consideration will be paid
Type of ConsiderationFree of charge
Voting rights ownership percentageBefore Company (100%) (after not disclosed)
Amount of extraordinary income (loss)An impairment loss of ¥249 million will be recorded as an extraordinary loss in the second-quarter consolidated accounting period of the current fiscal year
Impact on Business PerformanceThe extraordinary loss of ¥249 million is within the ¥269 million gain on the sale of investment securities. After offsetting the two extraordinary gains and losses in the full-year consolidated results, the net impact on results will be a ¥20 million increase in profit. This has been reflected in the earnings summary for the fiscal year ending March 2027 released today.
Date of board resolution6 November 2026
Contract DateFebruary 2027 (予定)
Execution Date / Effective Date1 April 2027 (予定)
Management structure after acquisitionスターティアリード株式会社 will be dissolved as of the effective date, and its business locations are予定 to be succeeded by スターティア株式会社 following the merger. The corporate name, representative and treatment of employees: not disclosed
Items this document does not state (17)
Date of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredFunding arrangementsGoodwill amountValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to Execution

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 merger is intended to optimize the allocation of management resources, accelerate decision-making, and improve business efficiency and profitability in the IT infrastructure-related business. The impairment loss will be recorded following a reassessment of the future recoverability of fixed assets due to a review of asset usage plans in connection with the business integration and reorganization of business locations.

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Notice Regarding the Absorption-Type Merger of a Consolidated Subsidiary and Recognition of an Extraordinary Loss (Impairment Loss) | Startia Holdings,Inc. (3393) timely disclosure | Komori