Conversion of receivables from a consolidated subsidiary into equity (debt-to-equity swap) and capital increase by the consolidated subsidiary
永旺幻想(中国)児童遊楽有限公司, a consolidated subsidiary of AEON Fantasy Co.,LTD.
Beijing, People's Republic of China; amusement facilities
Excess liabilities at the consolidated subsidiary (net assets of negative RMB810 million as of the fiscal year ended December 2025)
The company's loan receivables of RMB819 million (¥19,407 million) will be contributed in kind. Separately, a ¥4,300 million capital increase will be carried out. There will be no impact on the company's consolidated results for the fiscal year ending February 2027.
Fiscal year ending February 2027
There will be no impact on the company's consolidated results for the fiscal year ending February 2027.
The debt-to-equity swap and capital increase are scheduled to be carried out in November 2026. Any matters requiring future disclosure will be disclosed promptly.
The company will promptly disclose any matters that arise requiring disclosure.
| Item | Details |
|---|---|
| Event name | Conversion of receivables from a consolidated subsidiary into equity (debt-to-equity swap) and capital increase by the consolidated subsidiary |
| Date of occurrence | 14 September 2026 (implementation approved by the Board of Directors) |
| Subject Entity | 永旺幻想(中国)児童遊楽有限公司, a consolidated subsidiary of AEON Fantasy Co.,LTD. |
| Target Locations / Products | Beijing, People's Republic of China; amusement facilities |
| Cause | Excess liabilities at the consolidated subsidiary (net assets of negative RMB810 million as of the fiscal year ended December 2025) |
| Amount of Impact on Business Performance | The company's loan receivables of RMB819 million (¥19,407 million) will be contributed in kind. Separately, a ¥4,300 million capital increase will be carried out. There will be no impact on the company's consolidated results for the fiscal year ending February 2027. |
| Accounting period in which recognized | Fiscal year ending February 2027 |
| Impact on Earnings Forecast | There will be no impact on the company's consolidated results for the fiscal year ending February 2027. |
| Outlook | The debt-to-equity swap and capital increase are scheduled to be carried out in November 2026. Any matters requiring future disclosure will be disclosed promptly. |
| Planned follow-up disclosure | The company will promptly disclose any matters that arise requiring disclosure. |
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 eliminate the consolidated subsidiary's excess liabilities and improve its financial position.