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M&A and Subsidiary Changes7707Precision System Science Co.,Ltd.Electrical Equipment and Precision Instruments

(Update on Previously Disclosed Matter) Notice Regarding the Recognition of Extraordinary Income (Gain on Liquidation of a Subsidiary)

The liquidation of consolidated subsidiary Precision System Science USA, Inc. was completed on 31 March 2026, and a gain on liquidation of a subsidiary of ¥103 million was recognized as extraordinary income for the fiscal year ended March 2026.

Worth reading
60In focus
Scored from 1 of 5 sections
Direction
Improvement
Direction inferred from the company’s description.
Scale
103
¥ million
Wording
Definitive
How definitive the wording is.

This transaction

Liquidation of Subsidiaries
Disclosing companyPrecision System Science Co.,Ltd.
Precision System Science USA, Inc.Subject of this transaction
Execution Date / Effective Date31 March 2026 (completion of liquidation)
Consideration and expenses
Amount of extraordinary income (loss)Gain on liquidation of subsidiary: ¥103 million (fiscal year ended March 2026)
Impact on Business Performance

The above extraordinary income will be reflected in the third-quarter earnings report for the fiscal year ending June 2026.

This transaction
ItemDetails
Transaction nameLiquidation of Subsidiaries
Name of the Subject CompanyPrecision System Science USA, Inc.
Amount of extraordinary income (loss)Gain on liquidation of subsidiary: ¥103 million (fiscal year ended March 2026)
Impact on Business PerformanceThe above extraordinary income will be reflected in the third-quarter earnings report for the fiscal year ending June 2026.
Execution Date / Effective Date31 March 2026 (completion of liquidation)
Items this document does not state (27)
Counterparty nameBusiness Description of the Subject CompanyLocation 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 CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountDate of board resolutionContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition

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.

Because the liquidation had not been completed as of the announcement of the dissolution on 28 March 2025, the Company made this additional disclosure upon completion of the liquidation.

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.
(Update on Previously Disclosed Matter) Notice Regarding the Recognition of Extraordinary Income (Gain on Liquidation of a Subsidiary) | Precision System Science Co.,Ltd. (7707) timely disclosure | Komori