(Discontinuation of Disclosed Matter) Notice Regarding Change in Consolidated Subsidiary (Share Transfer) and Discontinuation of Travel Business
Life Intelligent Enterprise Holdings Co.,Ltd., and its consolidated subsidiary 株式会社フェニックス・エンターテインメント・ツアーズ
The travel business, including its employees and assets
Because フェニックス社's performance deteriorated more than expected after the agreement date, making it difficult to proceed with the acquisition under the agreed transaction terms.
Fiscal year ending March 2026
The impact on consolidated results for the fiscal year ending March 2026 is currently under review. The Company will make a timely disclosure once the amount of the impact has been determined.
The Company is currently reviewing the impact on consolidated results for the fiscal year ending March 2026 and will make a timely disclosure once the amount of the impact has been determined.
A timely disclosure will be made once the amount of the impact has been determined.
| Item | Details |
|---|---|
| Event name | (Discontinuation of Disclosed Matter) Notice Regarding Change in Consolidated Subsidiary (Share Transfer) and Discontinuation of Travel Business |
| Date of occurrence | 23 March 2026 (the date on which the Company received the prospective transferee's request to withdraw from the agreement and decided to discontinue the share transfer) |
| Date recognized / date notice received | 23 March 2026 |
| Subject Entity | Life Intelligent Enterprise Holdings Co.,Ltd., and its consolidated subsidiary 株式会社フェニックス・エンターテインメント・ツアーズ |
| Target Locations / Products | The travel business, including its employees and assets |
| Cause | Because フェニックス社's performance deteriorated more than expected after the agreement date, making it difficult to proceed with the acquisition under the agreed transaction terms. |
| Accounting period in which recognized | Fiscal year ending March 2026 |
| Impact on Earnings Forecast | The impact on consolidated results for the fiscal year ending March 2026 is currently under review. The Company will make a timely disclosure once the amount of the impact has been determined. |
| Outlook | The Company is currently reviewing the impact on consolidated results for the fiscal year ending March 2026 and will make a timely disclosure once the amount of the impact has been determined. |
| Planned follow-up disclosure | A timely disclosure will be made once the amount of the impact has been determined. |
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.The prospective transferee requested to withdraw from the agreement, and フェニックス社's performance deteriorated more than expected after the agreement date, making it difficult to proceed with the transfer under the agreed transaction terms.