Komori
Occurring Fact7527SystemSoft CorporationInformation and Communications, Services and Others

Notice Regarding the Liquidation of a Subsidiary and the Expected Special Loss Arising Therefrom

The Company has decided to initiate procedures to dissolve and liquidate its consolidated subsidiaries 全管協ポータルサイト株式会社 and akibaco株式会社. As a result, the Company expects to record a total extraordinary loss of ¥120 million in its consolidated financial statements for the fiscal year ending September 2026.

Worth reading
44Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
120
¥ million (expected extraordinary losses)
Wording
Conditional
How definitive the wording is.

Liquidation of a subsidiary

Subject Entity

全管協ポータルサイト株式会社 and akibaco株式会社 (both consolidated subsidiaries of the Company)

Occurrence6 April 2026 (the date on which the Company's Board of Directors resolved to initiate the liquidation procedures)
This disclosure04/06/2026
Cause

Following a careful review of the current business environment and future profitability, the Company determined that concentrating its management resources in areas with greater growth potential would be the best course of action.

Amount of Impact on Business Performance

Expected total extraordinary loss of ¥120 million (¥80 million for 全管協ポータルサイト株式会社 and ¥40 million for akibaco株式会社)

Accounting period in which recognized

Consolidated financial statements for the fiscal year ending September 2026

Impact on Earnings Forecast

The Company will not revise its consolidated earnings forecasts for the fiscal year ending September 2026. If any matters requiring disclosure arise, the Company will disclose them promptly.

Related procedures

Type

Dissolution and liquidation procedures for subsidiaries

Outlook

全管協ポータルサイト株式会社 is scheduled to pass a dissolution resolution at an extraordinary general meeting of shareholders in May 2026. Completion of the liquidation of both companies is scheduled for September 2026.

Planned follow-up disclosure

If any matter requiring disclosure arises, it will be disclosed promptly.

Event that occurred
ItemDetails
Event nameLiquidation of a subsidiary
Date of occurrence6 April 2026 (the date on which the Company's Board of Directors resolved to initiate the liquidation procedures)
Subject Entity全管協ポータルサイト株式会社 and akibaco株式会社 (both consolidated subsidiaries of the Company)
CauseFollowing a careful review of the current business environment and future profitability, the Company determined that concentrating its management resources in areas with greater growth potential would be the best course of action.
Amount of Impact on Business PerformanceExpected total extraordinary loss of ¥120 million (¥80 million for 全管協ポータルサイト株式会社 and ¥40 million for akibaco株式会社)
Accounting period in which recognizedConsolidated financial statements for the fiscal year ending September 2026
Impact on Earnings ForecastThe Company will not revise its consolidated earnings forecasts for the fiscal year ending September 2026. If any matters requiring disclosure arise, the Company will disclose them promptly.
Type of litigation or proceedingDissolution and liquidation procedures for subsidiaries
Outlook全管協ポータルサイト株式会社 is scheduled to pass a dissolution resolution at an extraordinary general meeting of shareholders in May 2026. Completion of the liquidation of both companies is scheduled for September 2026.
Planned follow-up disclosureIf any matter requiring disclosure arises, it will be disclosed promptly.
Items this document does not state (15)
Date recognized / date notice receivedTarget Locations / ProductsCourt or authorityPlaintiffDefendantDate of filing / date of actionClaim amount / surcharge amountAmount of receivables at risk of non-collection or delayed collectionSuspended operationsScheduled resumption dateInvestigation structureMeasures to prevent recurrenceDirectors' and officers' liabilityVoting rights ownership percentage before the changeVoting rights ownership percentage after the change

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 a careful review of the current business environment and future profitability, the Company determined that concentrating its management resources in areas with greater growth potential would be the best course of action, with the aim of optimizing management resources and strengthening its financial position.

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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Liquidation of a Subsidiary and the Expected Special Loss Arising Therefrom | SystemSoft Corporation (7527) timely disclosure | Komori