#TBSHoldingsInc

Scheduled for April 1, 2026, TBS Holdings, Inc. will succeed real estate owned by its wholly-owned subsidiary TBS Television (book value approximately 68.7 billion yen) through an absorption-type split. The impact on consolidated results is expected to be minimal.

Our wholly-owned subsidiary THE SEVEN US, INC. has subscribed to a third-party allotment by Legend Pictures, LLC, investing 150 million US dollars to establish a capital and business alliance.

Executive Managing Director Shigetoshi Ida resigned effective December 25, 2025, due to fraudulent settlement of entertainment expenses.