Agreements reached under this partnership
Termination of the capital and business alliance- 1
End the business relationship with MT under the agreement
- 2
The 1 director and 1 audit & supervisory board member dispatched by the Company to MT will leave office
- 3
Existing transactions and contractual relationships with MT will also be terminated as a matter of principle, and the necessary measures will be taken in due course
These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.
This indicates whether the companies will do more than work together, such as holding each other’s shares or seconding personnel (capital and business alliance).
The Company expects to recognize a loss of approximately ¥150 million in its financial results for the second quarter of the fiscal year ending March 2027. The impact of the termination of the agreement on consolidated results for the fiscal year ending March 2027 is currently under review.
| Item | Details |
|---|---|
| Name of alliance partner | 株式会社メディア・トラスト, 株式会社ブレーン, ダイキサウンド株式会社 |
| Alliance partner's business activities | Contract software development and advertising production, Studio business, media planning business, and live entertainment business, Music event planning and promotion business |
| Alliance partner's location | Shinjuku-ku, Tokyo, Shinjuku-ku, Tokyo, Minato-ku, Tokyo |
| Alliance partner's capital | ¥95 million, ¥72.5 million, ¥35 million |
| Type of alliance | Termination of the capital and business alliance |
| Details of the alliance | End the business relationship with MT under the agreement, The 1 director and 1 audit & supervisory board member dispatched by the Company to MT will leave office, Existing transactions and contractual relationships with MT will also be terminated as a matter of principle, and the necessary measures will be taken in due course |
| Number of shares acquired | 10,000,000 preferred shares of MT, 198,000 shares of BR, 330,000 shares of DS held directly and 157,500 shares held indirectly |
| Acquisition price | The acquisition cost of MT's preferred shares was ¥10 million. BR and DS: Not disclosed |
| Shareholding ratio | MT: Not disclosed; BR: 99.0%; DS: 66.0% (direct holding; effectively 97.5% including the portion held by BR) → MT: Not disclosed; BR: 99.0%; DS: 66.0% (direct holding; effectively 97.5% including the portion held by BR)（0％） |
| Dispatch of directors and officers | The 1 director and 1 audit & supervisory board member dispatched by the Company to MT will leave office in connection with the termination of the agreement. At BR and DS, the Company's officers and employees concurrently serve as directors and audit & supervisory board members. |
| Contract Period | The agreement will terminate upon delivery of the termination notice. The specific timing and method of redemption have not been determined at this time. |
| Shareholding Policy | The termination of the agreement will have no impact on the Company's holdings of shares in BR and DS. The Company will seek redemption of its preferred shares in MT from MT going forward. |
| Date of board resolution | 7 October 2026 |
| Contract Date | 5 March 2025 |
| Impact on Business Performance | The Company expects to recognize a loss of approximately ¥150 million in its financial results for the second quarter of the fiscal year ending March 2027. The impact of the termination of the agreement on consolidated results for the fiscal year ending March 2027 is currently under review. |
| Change in major shareholders | No change in major shareholders or the largest shareholder has been disclosed |
Items this document does not state (7)
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.As a result of reviewing the financial condition, business relationships, labor management and other aspects of the management and operations, the Company recognized that there were discrepancies between the information provided by メディア・トラスト and the actual situation, as well as multiple matters in violation of the agreement. This substantially damaged the relationship of trust, and the Company determined that it would be difficult to continue the alliance.