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M&A and Subsidiary Changes8887SYLA Holdings Co.,Ltd.Real estate

(Changes to Disclosed Matters and Update) Notice of Changes to the Schedule for the Dissolution and Liquidation of an Overseas Unconsolidated Subsidiary and Completion of Liquidation

The scheduled completion date for the liquidation of the overseas unconsolidated subsidiary was changed from April 2026 to 15 October 2026, and the liquidation was completed on that date.

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This transaction

Dissolution and liquidation of an overseas unconsolidated subsidiary
Disclosing companySYLA Holdings Co.,Ltd.
莉斐股份有限公司Subject of this transactionVoting rights ownership percentage Before 100% → after Not applicable due to completion of the liquidation
TimelineThe spacing between the points is proportional to the actual number of days.
Target company

Operation of an attraction (Ferris wheel)

Location Taipei City, Xinyi DistrictShare capital NT$5 millionDate of incorporation 27 August 2017
Consideration and expenses
Amount of extraordinary income (loss)An extraordinary loss has already been recognized (no specific amount stated; fiscal year ended May 2025)
Impact on Business Performance

The impact on the Company's results for the fiscal year ending May 2027 will be minor.

Procedures and assumptions
Management structure after acquisitionLiquidation Completed
RepresentativeRepresentative liquidator Kanno Masanori (菅野 正則)
This transaction
ItemDetails
Transaction nameDissolution and liquidation of an overseas unconsolidated subsidiary
Name of the Subject Company莉斐股份有限公司
Business Description of the Subject CompanyOperation of an attraction (Ferris wheel)
Location of the Subject CompanyTaipei City, Xinyi District
Capital Stock of the Subject CompanyNT$5 million
Date of Establishment of the Subject Company27 August 2017
Voting rights ownership percentageBefore 100% → after Not applicable due to completion of the liquidation
Amount of extraordinary income (loss)An extraordinary loss has already been recognized (no specific amount stated; fiscal year ended May 2025)
Impact on Business PerformanceThe impact on the Company's results for the fiscal year ending May 2027 will be minor.
Date of board resolution20 May 2025
Execution Date / Effective Date15 October 2026 (completion of liquidation)
Management structure after acquisitionLiquidation Completed
RepresentativeRepresentative liquidator Kanno Masanori (菅野 正則)
Items this document does not state (20)
Counterparty nameNet 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 acquiredFunding arrangementsGoodwill amountContract DateValuation 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.

Because coordination with the local court regarding the liquidation procedures took longer than expected.

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.
(Changes to Disclosed Matters and Update) Notice of Changes to the Schedule for the Dissolution and Liquidation of an Overseas Unconsolidated Subsidiary and Completion of Liquidation | SYLA Holdings Co.,Ltd. (8887) timely disclosure | Komori