Komori
M&A and Subsidiary Changes6038IID,Inc.Information and Communications, Services and Others

Notice Regarding a Change in a Consolidated Subsidiary (Share Transfer) and Recognition of Extraordinary Gain

The Company has decided to transfer all 9,300 shares it holds in its consolidated subsidiary en Factory, Inc. to Pasona Group Inc. Following the transfer, en Factory, Inc. is expected to be excluded from the scope of consolidation, and an extraordinary gain is expected to be recognized. The amount is currently under review.

Worth reading
72In 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
709
¥ million
Wording
Conditional
How definitive the wording is.

This transaction

Share transfer
CounterpartyName of counterparty
Disclosing companyIID,Inc.
Name of target companySubject of this transactionNumber of shares acquired 9,300 shares (number of voting rights: Not disclosed)Voting rights ownership percentage Before 78.81 → after 0
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

Online shopping business / expert-matching business / DX promotion business / regional support services business / human resources and organizational development support services business

Location Chiyoda-ku, TokyoShare capital ¥26.9 millionDate of incorporation 1 April 2011
Net Sales¥1,110 million (fiscal year ended June 2026)
Operating profit¥114 million (fiscal year ended June 2026)
Net income for the current fiscal year¥73 million (fiscal year ended June 2026)
Net assets¥407 million (fiscal year ended June 2026)
Consideration and expenses
Acquisition price¥709 million (transfer price)
Type of ConsiderationCash
Amount of extraordinary income (loss)Extraordinary gain (consolidated and non-consolidated financial statements; amount currently under review)
Impact on Business Performance

An extraordinary gain is expected to be recognized, but the amount is currently under review. The consolidated earnings forecast for the fiscal year ending June 2027 is currently undetermined, as the effects of the change in the scope of consolidation and the restructuring of the business portfolio are under review.

Procedures and assumptions
Management structure after acquisition2 of the Company's directors and 2 employees concurrently serve as directors or audit and supervisory board members of en Factory, Inc. and are scheduled to leave those positions following the share transfer. The name change and treatment of employees are Not disclosed
This transaction
ItemDetails
Transaction nameShare transfer
Counterparty nameName of counterparty
Name of the Subject CompanyName of target company
Business Description of the Subject CompanyOnline shopping business / expert-matching business / DX promotion business / regional support services business / human resources and organizational development support services business
Location of the Subject CompanyChiyoda-ku, Tokyo
Capital Stock of the Subject Company¥26.9 million
Date of Establishment of the Subject Company1 April 2011
Net Sales of the Subject Company¥1,110 million (fiscal year ended June 2026)
Operating Profit of the Subject Company¥114 million (fiscal year ended June 2026)
Net Income of the Subject Company¥73 million (fiscal year ended June 2026)
Net Assets of the Subject Company¥407 million (fiscal year ended June 2026)
Acquisition price¥709 million (transfer price)
Type of ConsiderationCash
Number of shares acquired9,300 shares (number of voting rights: Not disclosed)
Voting rights ownership percentageBefore 78.81 → after 0
Amount of extraordinary income (loss)Extraordinary gain (consolidated and non-consolidated financial statements; amount currently under review)
Impact on Business PerformanceAn extraordinary gain is expected to be recognized, but the amount is currently under review. The consolidated earnings forecast for the fiscal year ending June 2027 is currently undetermined, as the effects of the change in the scope of consolidation and the restructuring of the business portfolio are under review.
Date of board resolution14 August 2026
Contract Date14 August 2026 (scheduled)
Execution Date / Effective Date1 September 2026 (予定)
Management structure after acquisition2 of the Company's directors and 2 employees concurrently serve as directors or audit and supervisory board members of en Factory, Inc. and are scheduled to leave those positions following the share transfer. The name change and treatment of employees are Not disclosed
Items this document does not state (11)
Expenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodFunding 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 Company determined that reviewing its business portfolio, optimizing the allocation of resources across the Group, and accelerating en Factory, Inc.'s growth in a more suitable business environment and support structure would enhance the corporate value of both parties.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding a Change in a Consolidated Subsidiary (Share Transfer) and Recognition of Extraordinary Gain | IID,Inc. (6038) timely disclosure | Komori