Worth reading
56In focus
Scored from 4 of 5 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
1
yuan (transfer price)Wording
Conditional
How definitive the wording is.This transaction
Asset transferTimelineThe 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
A wedding facility focused on authenticity, combining Western wedding styles with uniquely Japanese hospitality while preserving important elements of Chinese culture
Location Shanghai, China
Consideration and expenses
Acquisition price1 yuan (transfer price)
Type of ConsiderationCash
Amount of extraordinary income (loss)A special loss (impairment loss) will be recorded in the consolidated financial statements for the fiscal year ending March 2026. The amount is not disclosed in this document. The gain on transfer is 1 yuan.
Impact on Business Performance
The Company believes that the impact of the transfer on its results will be immaterial. If further disclosure is required, the Company will make a timely announcement.
Procedures and assumptions
Management structure after acquisitionThe Company will withdraw from operating the transferred venue, 嘉美麓徳高端婚礼会館 虹橋店. The 大寧店 will continue to be operated by 璨臻（上海）婚慶礼儀服務有限公司. The trade name, representative and treatment of employees are not disclosed.
| Item | Details |
|---|---|
| Transaction name | Asset transfer |
| Business Description of the Subject Company | A wedding facility focused on authenticity, combining Western wedding styles with uniquely Japanese hospitality while preserving important elements of Chinese culture |
| Location of the Subject Company | Shanghai, China |
| Acquisition price | 1 yuan (transfer price) |
| Type of Consideration | Cash |
| Amount of extraordinary income (loss) | A special loss (impairment loss) will be recorded in the consolidated financial statements for the fiscal year ending March 2026. The amount is not disclosed in this document. The gain on transfer is 1 yuan. |
| Impact on Business Performance | The Company believes that the impact of the transfer on its results will be immaterial. If further disclosure is required, the Company will make a timely announcement. |
| Date of board resolution | 18 June 2026 |
| Contract Date | 25 June 2026 (予定) |
| Execution Date / Effective Date | 30 June 2026 (scheduled) |
| Management structure after acquisition | The Company will withdraw from operating the transferred venue, 嘉美麓徳高端婚礼会館 虹橋店. The 大寧店 will continue to be operated by 璨臻（上海）婚慶礼儀服務有限公司. The trade name, representative and treatment of employees are not disclosed. |
Items this document does not state (21)
Counterparty nameName of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyExpenses other than the acquisition priceMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding 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 profitability of wedding venues has deteriorated significantly due to the economic slowdown in China. The transfer is intended to eliminate the risk of further losses from the unprofitable business, concentrate management resources and achieve an early improvement in profitability.
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.