Transfer of Businesses by a Consolidated Subsidiary and Recognition of an Extraordinary Loss
株式会社エッグス (a consolidated subsidiary of the filing company)
Platform business (operation of “Eggs (エッグス)” and “GIGGS (ギグス)”), and agent business (business supporting the activities of independent artists, including CD releases, promotion and live performance support)
After comprehensively considering the companies' track record of collaboration in supporting independent artists, the shared affinity with エッグス's philosophy, and the high degree of compatibility with the community development initiatives promoted by Tokyu, it was determined that transferring the businesses to Tokyu was the optimal option.
An impairment loss of approximately ¥240 million is expected to be recognized as an extraordinary loss.
The fourth quarter of the fiscal year ending March 2026
The impact on consolidated results for the fiscal year ending March 2026 and the medium-term business plan is under review and will be disclosed promptly once determined.
An impairment loss of approximately ¥240 million is expected to be recognized as an extraordinary loss in the consolidated financial results for the fourth quarter of the fiscal year ending March 2026. The impact on results and the medium-term business plan will be reviewed and disclosed promptly once determined.
The information will be disclosed promptly once the impact is determined.
| Item | Details |
|---|---|
| Event name | Transfer of Businesses by a Consolidated Subsidiary and Recognition of an Extraordinary Loss |
| Date of occurrence | 26 March 2026 (the date on which the Board of Directors resolved the business transfer) |
| Subject Entity | 株式会社エッグス (a consolidated subsidiary of the filing company) |
| Target Locations / Products | Platform business (operation of “Eggs (エッグス)” and “GIGGS (ギグス)”), and agent business (business supporting the activities of independent artists, including CD releases, promotion and live performance support) |
| Cause | After comprehensively considering the companies' track record of collaboration in supporting independent artists, the shared affinity with エッグス's philosophy, and the high degree of compatibility with the community development initiatives promoted by Tokyu, it was determined that transferring the businesses to Tokyu was the optimal option. |
| Amount of Impact on Business Performance | An impairment loss of approximately ¥240 million is expected to be recognized as an extraordinary loss. |
| Accounting period in which recognized | The fourth quarter of the fiscal year ending March 2026 |
| Impact on Earnings Forecast | The impact on consolidated results for the fiscal year ending March 2026 and the medium-term business plan is under review and will be disclosed promptly once determined. |
| Outlook | An impairment loss of approximately ¥240 million is expected to be recognized as an extraordinary loss in the consolidated financial results for the fourth quarter of the fiscal year ending March 2026. The impact on results and the medium-term business plan will be reviewed and disclosed promptly once determined. |
| Planned follow-up disclosure | The information will be disclosed promptly once the impact is 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.After comprehensively considering the companies' track record of collaboration in supporting independent artists, Tokyu's shared affinity with エッグス's philosophy, and the compatibility with the community development initiatives promoted by Tokyu, it was determined that transferring the businesses to Tokyu was the optimal option.