Consolidated results for the second quarter (interim period) of the fiscal year ending March 2027 and dissolution and liquidation of consolidated subsidiaries
ウィルソン・ラーニング ワールドワイド株式会社 and the Company group, and the consolidated subsidiaries Wilson Learning France, Wilson Learning SA and Wilson Learning GmbH
Japan, North America, Europe, China and Asia-Pacific. The subsidiaries subject to dissolution and liquidation are the 3 companies in France, Spain and Germany.
The non-recurrence of the large domestic customization and licensing projects that were booked and delivered in the same period of the previous fiscal year, the decline in gross profit, and the lack of an outlook for raising additional working capital. The dissolution and liquidation of the 3 subsidiaries are intended to focus and concentrate management resources, streamline operations by reviewing the group structure, and reduce various expenses.
Operating loss: ¥147.509 million; ordinary loss: ¥138.487 million; interim net loss attributable to owners of the parent: ¥154.834 million; extraordinary loss: ¥12.796 million (interim period of the fiscal year ending March 2027). The impact of the dissolution and liquidation of the 3 subsidiaries on consolidated results is immaterial.
Interim consolidated accounting period of the fiscal year ending March 2027 (1 April 2026 to 30 September 2026)
Revision from the most recently published earnings forecast: None. As many factors that could affect results remain uncertain at this time, it is difficult to present a numerical estimate. The Company will disclose an earnings forecast once it becomes reasonably predictable.
Company response
Wilson Learning France, Wilson Learning SA and Wilson Learning GmbH have all already ceased operating activities.
To establish a higher-profitability business structure, the Company will upgrade and increase its sales personnel and continue to focus on proposals for high-margin, license-based projects. It will expand joint promotional initiatives with external partners. The Company will implement cost-cutting measures for selling, general and administrative expenses, review the group structure, and promote reductions in various expenses. ウィルソン・ラーニング チャイナ will continue to scale down its operations toward liquidation. The Company will secure the necessary funds through new share issuance and transfers of funds within the group. It will consider and pursue further measures to strengthen its capital base.
Wilson Learning France is expected to become subject to a universal transfer of assets (TUP) in February 2027. Wilson Learning SA and Wilson Learning GmbH will be dissolved in January 2027, with completion of liquidation expected in April-June 2027 and April-June 2028, respectively. The Company will continue to consider measures to improve its earnings structure, stabilize its financial base and strengthen its capital base.
The Company will publish an earnings forecast once results become reasonably predictable and will make appropriate disclosures if any changes occur in the future.
| Item | Details |
|---|---|
| Event name | Consolidated results for the second quarter (interim period) of the fiscal year ending March 2027 and dissolution and liquidation of consolidated subsidiaries |
| Date of occurrence | 13 November 2026 (date of the Board of Directors' resolution concerning the dissolution and liquidation of 3 consolidated subsidiaries); 30 September 2026 (end of the interim consolidated accounting period) |
| Date recognized / date notice received | 13 November 2026 (date of the Board of Directors' resolution) |
| Subject Entity | ウィルソン・ラーニング ワールドワイド株式会社 and the Company group, and the consolidated subsidiaries Wilson Learning France, Wilson Learning SA and Wilson Learning GmbH |
| Target Locations / Products | Japan, North America, Europe, China and Asia-Pacific. The subsidiaries subject to dissolution and liquidation are the 3 companies in France, Spain and Germany. |
| Cause | The non-recurrence of the large domestic customization and licensing projects that were booked and delivered in the same period of the previous fiscal year, the decline in gross profit, and the lack of an outlook for raising additional working capital. The dissolution and liquidation of the 3 subsidiaries are intended to focus and concentrate management resources, streamline operations by reviewing the group structure, and reduce various expenses. |
| Amount of Impact on Business Performance | Operating loss: ¥147.509 million; ordinary loss: ¥138.487 million; interim net loss attributable to owners of the parent: ¥154.834 million; extraordinary loss: ¥12.796 million (interim period of the fiscal year ending March 2027). The impact of the dissolution and liquidation of the 3 subsidiaries on consolidated results is immaterial. |
| Accounting period in which recognized | Interim consolidated accounting period of the fiscal year ending March 2027 (1 April 2026 to 30 September 2026) |
| Impact on Earnings Forecast | Revision from the most recently published earnings forecast: None. As many factors that could affect results remain uncertain at this time, it is difficult to present a numerical estimate. The Company will disclose an earnings forecast once it becomes reasonably predictable. |
| Suspended operations | Wilson Learning France, Wilson Learning SA and Wilson Learning GmbH have all already ceased operating activities. |
| Measures to prevent recurrence | To establish a higher-profitability business structure, the Company will upgrade and increase its sales personnel and continue to focus on proposals for high-margin, license-based projects. It will expand joint promotional initiatives with external partners. The Company will implement cost-cutting measures for selling, general and administrative expenses, review the group structure, and promote reductions in various expenses. ウィルソン・ラーニング チャイナ will continue to scale down its operations toward liquidation. The Company will secure the necessary funds through new share issuance and transfers of funds within the group. It will consider and pursue further measures to strengthen its capital base. |
| Outlook | Wilson Learning France is expected to become subject to a universal transfer of assets (TUP) in February 2027. Wilson Learning SA and Wilson Learning GmbH will be dissolved in January 2027, with completion of liquidation expected in April-June 2027 and April-June 2028, respectively. The Company will continue to consider measures to improve its earnings structure, stabilize its financial base and strengthen its capital base. |
| Planned follow-up disclosure | The Company will publish an earnings forecast once results become reasonably predictable and will make appropriate disclosures if any changes occur in the future. |
Items this document does not state (12)
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.Revenue declined because the large domestic customization and licensing projects that were booked and delivered in the same period of the previous fiscal year did not recur. Although selling, general and administrative expenses were reduced, this was insufficient to offset the decline in gross profit. In addition, while raising additional working capital has become critical, the Company has not obtained an outlook for new financing from financial institutions or other sources. The dissolution and liquidation of the 3 subsidiaries are intended to focus and concentrate management resources, streamline operations by reviewing the group structure, and reduce various expenses.