On 10 September 2026, Star seeds Co.,Ltd. waived approximately ¥500 million in receivables owed by its consolidated subsidiary チチカカ in connection with the sale of the subsidiary. The sale price was reportedly ¥1, which is expected to remove チチカカ from the scope of consolidation.
On 10 September 2026, in connection with the sale of チチカカ, a clothing and general merchandise brand, Star seeds Co.,Ltd. waived approximately ¥500 million in loan receivables from チチカカ. The sale price was announced as ¥1, and チチカカ is expected to be removed from the Star seeds Co.,Ltd. Group’s scope of consolidation.
The sale will affect Star seeds Co.,Ltd.’s consolidated financial statements, and the elimination of Chichika could change the Group’s financial structure. The waiver of the receivables is believed to have been intended in part to improve チチカカ’s financial position and enhance capital efficiency across the Group.
Market participants are focusing on a potential restructuring of the apparel business, the allocation of resources to new businesses, and developments in shareholder returns. Further disclosures by both companies could affect investment decisions.