Change in Consolidated Subsidiary and Recognition of Extraordinary Loss
アトラグループ株式会社 and 株式会社ペリカン (the Company's consolidated subsidiary)
株式会社ペリカン (sales of toys, stationery and other products)
Following its acquisition in November 2021, the company fell significantly short of its original pre-acquisition business plan. Although measures including opening new stores and closing unprofitable existing stores were implemented, the company became insolvent in the most recent fiscal period, and the challenging business environment continued.
Consolidated: ¥136 million (one-time extraordinary loss, loss on sale of shares of an affiliated company, expected to be recognized). Non-consolidated: ¥148 million (extraordinary loss, eliminated on consolidation)
Financial results for the fiscal year ending December 2026
The impact on consolidated results for the fiscal year ending December 2026, including other factors, is currently under review. The Company will disclose the information promptly once it becomes possible to calculate a reasonable earnings forecast.
Change in voting rights ownership ratio
The voting rights ownership percentage is the proportion of the voting rights exercisable at a shareholders' meeting held by the shareholder.
アトラグループ株式会社: 1,647 voting rights, 100% (record date not stated)
0 voting rights, 0% (record date not stated)
Company response
Closure of unprofitable existing stores (implemented in the past)
The Company will review the impact on consolidated results for the fiscal year ending December 2026, including other factors, and disclose the information promptly once it becomes possible to calculate a reasonable earnings forecast. The Company will also expand its business domains through the A-COMS business and actively pursue M&A transactions and new businesses in which synergies are expected.
The Company will disclose the information promptly once it becomes possible to calculate a reasonable earnings forecast.
| Item | Details |
|---|---|
| Event name | Change in Consolidated Subsidiary and Recognition of Extraordinary Loss |
| Date of occurrence | 31 March 2026 (date on which the share transfer was completed) |
| Date recognized / date notice received | 31 March 2026 (date of the Board of Directors' resolution and execution of the share transfer agreement) |
| Subject Entity | アトラグループ株式会社 and 株式会社ペリカン (the Company's consolidated subsidiary) |
| Target Locations / Products | 株式会社ペリカン (sales of toys, stationery and other products) |
| Cause | Following its acquisition in November 2021, the company fell significantly short of its original pre-acquisition business plan. Although measures including opening new stores and closing unprofitable existing stores were implemented, the company became insolvent in the most recent fiscal period, and the challenging business environment continued. |
| Amount of Impact on Business Performance | Consolidated: ¥136 million (one-time extraordinary loss, loss on sale of shares of an affiliated company, expected to be recognized). Non-consolidated: ¥148 million (extraordinary loss, eliminated on consolidation) |
| Accounting period in which recognized | Financial results for the fiscal year ending December 2026 |
| Impact on Earnings Forecast | The impact on consolidated results for the fiscal year ending December 2026, including other factors, is currently under review. The Company will disclose the information promptly once it becomes possible to calculate a reasonable earnings forecast. |
| Suspended operations | Closure of unprofitable existing stores (implemented in the past) |
| Voting rights ownership percentage before the change | アトラグループ株式会社: 1,647 voting rights, 100% (record date not stated) |
| Voting rights ownership percentage after the change | 0 voting rights, 0% (record date not stated) |
| Outlook | The Company will review the impact on consolidated results for the fiscal year ending December 2026, including other factors, and disclose the information promptly once it becomes possible to calculate a reasonable earnings forecast. The Company will also expand its business domains through the A-COMS business and actively pursue M&A transactions and new businesses in which synergies are expected. |
| Planned follow-up disclosure | The Company will disclose the information promptly once it becomes possible to calculate a reasonable earnings forecast. |
Items this document does not state (11)
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.Following its acquisition, 株式会社ペリカン fell significantly short of its original business plan and became insolvent in the most recent fiscal period despite implementing countermeasures, while the challenging business environment continued. The Company determined that transferring all of the shares was the optimal course of action to focus and concentrate its business operations, after evaluating the synergies and management resources arising from the cooperation between 石川玩具株式会社's wholesale and retail businesses.