Business acquisition by a consolidated subsidiary, launch of a new business, and recognition of an extraordinary loss
GRIFFY Co., Ltd. (consolidated subsidiary)
All businesses operated by 株式会社ライフビジネスウェザー (weather information services business)
To build a vertically integrated DX model that combines high-precision weather forecasting with IoT and AI, as the importance of precise weather forecasting and WBGT management at construction sites continues to grow. The cause of the valuation loss on investment securities is not disclosed.
¥20 million (valuation loss on investment securities; extraordinary loss)
Consolidated results for the fiscal year ending August 2026
The impact of this acquisition on consolidated results for the fiscal year ending August 2026 is currently under review. The amount of goodwill to be recognized is also under review, but its impact is expected to be immaterial.
Related procedures
Corporate reorganization proceedings (the business acquisition is subject to approval by the Tokyo District Court)
Tokyo District Court
Subject to approval by the Tokyo District Court, the business is scheduled to be acquired on 1 July 2026. GRIFFY will operate the weather information services business. The impact of this acquisition on results will be reviewed, and any matters requiring disclosure will be announced promptly.
If any matters requiring disclosure arise, they will be announced promptly.
| Item | Details |
|---|---|
| Event name | Business acquisition by a consolidated subsidiary, launch of a new business, and recognition of an extraordinary loss |
| Date of occurrence | 29 May 2026 (the date of the resolutions by GRIFFY Co., Ltd.'s board of directors and extraordinary general meeting of shareholders, and the date the agreement was signed) |
| Subject Entity | GRIFFY Co., Ltd. (consolidated subsidiary) |
| Target Locations / Products | All businesses operated by 株式会社ライフビジネスウェザー (weather information services business) |
| Cause | To build a vertically integrated DX model that combines high-precision weather forecasting with IoT and AI, as the importance of precise weather forecasting and WBGT management at construction sites continues to grow. The cause of the valuation loss on investment securities is not disclosed. |
| Amount of Impact on Business Performance | ¥20 million (valuation loss on investment securities; extraordinary loss) |
| Accounting period in which recognized | Consolidated results for the fiscal year ending August 2026 |
| Impact on Earnings Forecast | The impact of this acquisition on consolidated results for the fiscal year ending August 2026 is currently under review. The amount of goodwill to be recognized is also under review, but its impact is expected to be immaterial. |
| Type of litigation or proceeding | Corporate reorganization proceedings (the business acquisition is subject to approval by the Tokyo District Court) |
| Court or authority | Tokyo District Court |
| Date of filing / date of action | 10 April 2026 (the date corporate reorganization proceedings were commenced for 株式会社ライフビジネスウェザー) |
| Outlook | Subject to approval by the Tokyo District Court, the business is scheduled to be acquired on 1 July 2026. GRIFFY will operate the weather information services business. The impact of this acquisition on results will be reviewed, and any matters requiring disclosure will be announced promptly. |
| Planned follow-up disclosure | If any matters requiring disclosure arise, they will be announced promptly. |
Items this document does not state (12)
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 purpose is to build a construction-site DX model combining high-precision weather forecasting with IoT and AI, as the importance of precise weather forecasting and WBGT management at construction sites continues to grow. The body of the disclosure does not specify the reason for recording the valuation loss on investment securities.